PropTech, or property technology, is a term used to describe the use of technology in the property industry. This can encompass everything from online real estate portals and apps to drones and 3D printing.
There are two main types: front-end and back-end. Front-end property technology refers to the technologies that consumers interact with directly, such as real estate portals and apps.
The back-end type encompasses the technologies that power these front-end platforms, such as data analytics and cloud-based software.