Don’t you hate when people from a sector use shop talk and expect everybody else to understand what they’re saying? I’ve never before had the opportunity to discuss proptech outside the real estate and construction space, and even within the industry, there is quite a bit of confusion on the topic. In a bid to diffuse (some of) that confusion, here are the answers to seven questions on proptech that you can use in conversation and sound like an expert!
What is proptech?
Proptech is the acronym used to describe any technology for the real estate space. This can span software (property portals like Rightmove and Zoopla are considered proptech software!), hardware (for example, sensors), materials (for example, there was a recent news item on how special bricks are being developed to act as batteries for solar panels) or manufacturing (3D printing, offsite manufacturing) .
Click to read more on www.forbes.com .