{"id":827,"date":"2020-07-05T10:38:00","date_gmt":"2020-07-05T10:38:00","guid":{"rendered":"https:\/\/uk7.whitelabelcpanelhost.com\/~proptechreviews\/?p=827"},"modified":"2022-04-27T10:40:21","modified_gmt":"2022-04-27T10:40:21","slug":"what-makes-a-good-proptech-company","status":"publish","type":"post","link":"https:\/\/proptechreviews.co.uk\/blog\/what-makes-a-good-proptech-company","title":{"rendered":"What Makes A Good PropTech Company?"},"content":{"rendered":"\n
For those who want to know, ‘What makes a good PropTech company?’, then understanding how these companies will change and improve real estate in the UK as we know it is crucial.<\/strong><\/p>\n\n\n\n PropTech companies are able to build improvements in the real estate technology being used today and they are able then to influence the commercial real estate sector in a meaningful and potentially rewarding way.<\/p>\n\n\n\n However, while there is a need for innovation that is aimed at making a professional’s life in the sector easier or one that resolves an existing problem easily by using cutting edge technology – not every start-up in the PropTech sector is a success.<\/p>\n\n\n\n The big issue is finding the funding and then attracting clients in what is an increasingly competitive sector – and it is competitive because of the rewards that can be enjoyed by those looking to deliver successful real estate projects.<\/strong><\/p>\n\n\n\n And for all of the innovation and clever ideas that are being brought to a professional’s attention, it still needs to be appreciated that PropTech is a challenging sector for challengers as they need:<\/p>\n\n\n\n But what is PropTech? In recent years, the term PropTech has become popular but it’s still not widely understood.<\/p>\n\n\n\n Put simply, the PropTech sector is part of the digital transformation of the country’s property industry as it looks to change and improve how we do real estate. <\/p>\n\n\n\nWhat is PropTech?<\/h2>\n\n\n\n