In 2022, these five property tech startups are taking the real estate industry to the next level. These disrupt the market in several ways, from providing property owners with more information and control over their condos and bungalows to reducing the time it takes for buyers to own condos for sale legally.
This article will list five top property tech startups you need
to watch as they continue innovating and bringing new ways to the industry.
Top 5 Property Tech Startups
Checkboard Offers A Tenant Management Platform
Partner with Cubic Lease for Tenant Management.
Founding Year: 2019
Location: London, UK
Checkboard helps landlords and real estate agents do tenant
background checks. Using machine learning (ML), the startup makes it possible
to check potential buyers’ passports, driver’s licenses, and other documents.
The platform verifies income using open banking tools and credit history. It also
uses process automation to eliminate time-consuming and repetitive tasks, like
tenant references and buyer proof of funds. It facilitates the buying and
selling process of bungalows for sale.
Whiterock AI Provides Real Estate Analytics
Innovate
for Property Insights & Deal Screening with Whiterock AI.
Founding Year: 2020
Location: New York City, USA
Whiterock AI makes real estate analytics in the cloud for real
estate investors, lenders, and brokers. In addition to its predictive
algorithms, the platform uses AI to process property-specific data. The
platform also considers financial information, demographics, and image features
like windows, outside conditions, and shadows, which are often overlooked. So,
keeping track of the properties for sale lets, buyers make intelligent choices.
TechEstate Enables 3D Building Visualization
Use this solution for Virtual Property Tours.
Founding Year: 2019
Location: Monchengladbach, Germany
The German startup, TechEstate, lets you view real estate
projects in 3D using a mobile app. It uses augmented reality (AR) to give
customers virtual tours of commercial and residential properties. That lets
real estate companies and private sellers lay out architectural details and
lets buyers see buildings and their surroundings from different angles.
TechEstate is also a sales tool that can discuss prices with buyers or renters
and negotiate with investors, property owners, and city officials.
EvoEstate Builds A Real Estate Crowdfunding
Aggregator
Collaborate with EvoEstate for Real Estate Investments.
Founding Year: 2019
Location: Tallinn, Estonia
EvoEstate is a crowdfunding platform that lets you invest
in condos online.
Borrowers can apply for loans, which are then posted on the startup’s
marketplace after background checks. Investors look at the list of loans and
decide which projects they want to invest in. Also, real estate is usually a
hard-to-sell asset. Still, the platform lets investors sell their investments
before they mature. So small investors can easily buy real estate companies’
equity projects and loans.
Wunderbricks Develops Property Management
Software.
Wunderbricks for Lease Management & Property Digital Twin.
Founding Year: 2019
Location: Utrecht, Netherlands
The Dutch company, Wunderbricks, offers property management
software that lets property owners and managers automatically rent out
properties and keep track of lease agreements. It also gives them a global view
of their portfolios by allowing them to manage properties in different
countries. The software runs on the Internet of Things (IoT) to make real-time
digital copies of properties. It helps make better repair and maintenance
plans. The software also combines the different ways tenants ask for repairs,
speeding up the process even more.
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