Few industries carry the weight and promise of real estate. With an ever-growing demand for housing and a projected 4% increase in the number of real estate brokers and sales agents from 2020 to 2030, the sector stands as a cornerstone of economic vitality. Yet, within this dynamic industry, a silent revolution is taking place — one that is reshaping the traditional norms and processes through the lens of technology. This is the rise of Proptech, where property technology intersects with real estate, offering a glimpse into the future of housing and property management.
Google Trends data from February 2022 paints a vivid picture, revealing a surge in interest around becoming a real estate agent. The past year has witnessed a significant uptick in searches, making real estate one of the most sought-after professions. As the world grapples with the challenges and opportunities of a rapidly evolving market, the global real estate market, valued at $3.69 trillion in 2021, is poised for a compound annual growth rate of 5.2% through 2030.
At the heart of this transformative wave is Proptech — a fusion of innovative technology and the real estate realm…