Property Technology (PropTech) represents the innovative
integration of various information technology tools-including
hardware, software, and data analytics-into the real estate sector.
PropTech has impacted the traditional ways of property buying,
selling, and management, making it more efficient and convenient
for agents and users. Understanding the underlying factors and developments in
PropTech is crucial for the Department of Real Estate (DRE) due to
PropTech’s significant impact on the real estate sector.
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