It's an inevitability
The Proptech takeover is not a projection or a theory, it is an inevitability! Common sense alone is enough to calculate its rise.
Via RICS themselves, just two years ago, in pre-pandemic times:
'Proptech will transform real estate; that is the buzz at virtually every industry event. Five years ago no-one was talking about it and now everybody is. For digital disruptors, property is one of the few sectors of the economy that remains more or less virgin territory, and they are flocking to colonise it.'
Its clear to see those observations are now valid. Don't be left behind, now is the time to integrate proptech into your business model.
82% are looking to invest in digital
There literally is no better time to embrace proptech. Prior to widespread home working, remote work was usually viewed as a perk. In 2019, just 5.1% of the UK worked from home, despite the rise of technologies that made it easier than ever.
82% of real estate companies are looking to invest in home working and digital meeting tools in the immediate future, according to Property Week’s 2020 Power of Proptech survey, you can be confident that remote working will continue to be a common workplace reality post-Covid.
It’s no surprise to anybody, then, that demand for offices right now is at a low, with some consultancies estimating the average firm in London now has 20% more office space than it needs.
In the Proptech era, technology wont cause disruption, but your ability to adopt it will.
Thomas Herr, EMEA head of digital innovation at CBRE: “It is not technology that will disrupt the property industry, but the ability of companies to adopt it and to educate their employees about it.”
Having the skills necessary to manage and utilise new technology will be one of the key factors that determines the success of future real estate ventures.
So? What now? - Get ZEUS!
The ZEUS App is a quality lead generator for agents, providing a constant stream of instructions. Property owners obtain, multiple, free, fast and accurate property valuations from local online agents. All via a simple mobile app, for both sales and rental property.
A completely original and unique experience for agents and owners. ZEUS’s accuracy is proving to be the best in the industry in comparison to other virtual valuation tools, yet alone being safe and efficient.
Join the hundreds of other agents and win yourself some instructions. "98% of prospective vendors want virtual valuations" - Zoopla 2020.
Credits - RICS, Property Week, Zoopla.
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Founder: Nick Christoforou