2022 real estate technology trends
2022 real estate technology trends
The PropTech sector has seen a deluge of investment in recent years, with nearly $24B invested in it in 2020. The pandemic accelerated technology adoption in the market, and investor confidence remained high for PropTech in 2021. According to JLL, the number of real estate technology startups has increased 300% over the past decade. As … Continued
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The PropTech sector has seen a deluge of investment in recent years, with nearly $24B invested in it in 2020. The pandemic accelerated technology adoption in the market, and investor confidence remained high for PropTech in 2021. According to JLL, the number of real estate technology startups has increased 300% over the past decade. As … Continued
The post 2022 real estate technology trends appeared first on MRI Software.
The PropTech sector has seen a deluge of investment in recent years, with nearly $24B invested in it in 2020. The pandemic accelerated technology adoption in the market, and investor confidence remained high for PropTech in 2021. According to JLL, the number of real estate technology startups has increased 300% over the past decade. As … Continued
The post 2022 real estate technology trends appeared first on MRI Software.
We have ground-breaking news.
Real Estate Technology (or “PropTech”) has seen a deluge of investment in recent years. Seriously. Perhaps at a level beyond what any of us could have imagined.
In fact, almost $32 billion was funnelled into software development in 2021, up from $24 billion in 2020.
Why? Well, for one, the pandemic accelerated technology adoption in the market – where numerous property managers started to recognise the importance of protecting their bottom line.
Now, with t...
We have ground-breaking news.
Real Estate Technology (or “PropTech”) has seen a deluge of investment in recent years. Seriously. Perhaps at a level beyond what any of us could have imagined.
In fact, almost $32 billion was funnelled into software development in 2021, up from $24 billion in 2020.
Why? Well, for one, the pandemic accelerated technology adoption in the market – where numerous property managers started to recognise the importance of protecting their bottom line.
Now, with t...
Predicting real estate technology trends for 2021 may seem like an impossible task, but in many ways, the economic uncertainty of 2020 was the catalyst that accelerated trends already in place. The shift to remote working and the need to keep one’s distance from others sped up technology adoption in unprecedented ways across the commercial … Continued
The post 2021 real estate technology trends appeared first on MRI Software.
Predicting real estate technology trends for 2021 may seem like an impossible task, but in many ways, the economic uncertainty of 2020 was the catalyst that accelerated trends already in place. The shift to remote working and the need to keep one’s distance from others sped up technology adoption in unprecedented ways across the commercial … Continued
The post 2021 real estate technology trends appeared first on MRI Software.
Nearly every industry is experiencing high turnover at the moment, and the commercial real estate sector is no exception. New workplace trends like the Great Resignation have led to a high level of employee churn, disrupting essential processes and tasks within the business. Companies across multiple sectors are losing key individuals who have considerable influence and knowledge of portfolio management, and it can take months to backfill the positions and train new talent for the job. For many...
Nearly every industry is experiencing high turnover at the moment, and the commercial real estate sector is no exception. New workplace trends like the Great Resignation have led to a high level of employee churn, disrupting essential processes and tasks within the business. Companies across multiple sectors are losing key individuals who have considerable influence and knowledge of portfolio management, and it can take months to backfill the positions and train new talent for the job. For many...
As a property owner or manager, you likely already understand all the pains and gains that come along with this challenging yet rewarding position, especially if you don’t have a comprehensive property management solution. However, no matter how many years of experience you have, and how much you’ve scaled your business, every property manager faces the same issues at some point along the timeline. Maybe you’re starting to ask yourself questions like: How can I be a better property manag...
As a property owner or manager, you likely already understand all the pains and gains that come along with this challenging yet rewarding position, especially if you don’t have a comprehensive property management solution. However, no matter how many years of experience you have, and how much you’ve scaled your business, every property manager faces the same issues at some point along the timeline. Maybe you’re starting to ask yourself questions like: How can I be a better property manag...
It’s easy to keep costs low when you have sensible renters that care about their residence, adhere to your agreement, and are happy to do minor maintenance jobs for you. But how do you find good tenants? Where do the best ones spend their time? Let’s take a look and find out. The importance of finding good tenants for multifamily properties When it comes to managing a profitable multifamily property, occupancy rates are key. Tenant turnover can cost you an arm and a leg, so managing their e...
It’s easy to keep costs low when you have sensible renters that care about their residence, adhere to your agreement, and are happy to do minor maintenance jobs for you. But how do you find good tenants? Where do the best ones spend their time? Let’s take a look and find out. The importance of finding good tenants for multifamily properties When it comes to managing a profitable multifamily property, occupancy rates are key. Tenant turnover can cost you an arm and a leg, so managing their e...
This blog was written by insightsoftware, a global provider of enterprise software solutions for the Office of the CFO to connect to and make sense of their data in real time so they can proactively drive greater financial intelligence across their organization. Learn more about MRI’s integration with insightsoftware here. If you are a finance manager in real estate and property management, you likely face more than just reporting challenges. In addition to the typical period finance reports ...
This blog was written by insightsoftware, a global provider of enterprise software solutions for the Office of the CFO to connect to and make sense of their data in real time so they can proactively drive greater financial intelligence across their organization. Learn more about MRI’s integration with insightsoftware here. If you are a finance manager in real estate and property management, you likely face more than just reporting challenges. In addition to the typical period finance reports ...
Real estate technology in 2020 will present an opportunity for both residential and commercial firms to differentiate themselves through relationships. In the coming year, we predict that technology will be a catalyst that enables firms to drive tenant satisfaction, keep occupancy rates high, and build stronger relationships with everyone from residents to investors. We’ll see … Continued
The post 8 real estate technology trends for 2020 appeared first on MRI Software.
Real estate technology in 2020 will present an opportunity for both residential and commercial firms to differentiate themselves through relationships. In the coming year, we predict that technology will be a catalyst that enables firms to drive tenant satisfaction, keep occupancy rates high, and build stronger relationships with everyone from residents to investors. We’ll see … Continued
The post 8 real estate technology trends for 2020 appeared first on MRI Software.
The real estate market has had a lot going on since the pandemic. Over the past few years, we have seen historically low interest rates resulting in bidding wars and low inventory. With the increased rates, we are beginning to see the market cool off a bit. The Seattle real estate market has mirrored the national trends. Low-interest rates and high demand have resulted in a low housing inventory in the Seattle area. Reasons for the Low Housing Inventory It makes sense that the record low interes...
The real estate market has had a lot going on since the pandemic. Over the past few years, we have seen historically low interest rates resulting in bidding wars and low inventory. With the increased rates, we are beginning to see the market cool off a bit. The Seattle real estate market has mirrored the national trends. Low-interest rates and high demand have resulted in a low housing inventory in the Seattle area. Reasons for the Low Housing Inventory It makes sense that the record low interes...
The Kansas City real estate market, situated precariously on the border of both Kansas and Missouri, has developed a reputation for affordable real estate, strong cash flow, and great investment opportunities. Perhaps even more importantly, however, is the city’s position to cater to first-time homebuyers. Thanks—in large part—to a relatively low median home value, real estate in Kansas City has seen a large increase in demand for entry-level homes. While that’s not necessarily unique t...
The Kansas City real estate market, situated precariously on the border of both Kansas and Missouri, has developed a reputation for affordable real estate, strong cash flow, and great investment opportunities. Perhaps even more importantly, however, is the city’s position to cater to first-time homebuyers. Thanks—in large part—to a relatively low median home value, real estate in Kansas City has seen a large increase in demand for entry-level homes. While that’s not necessarily unique t...