October 20196 The real estate industry is still undergoing a massive technological transformation, and with venture capital investments on the rise the proptech realm is showing no signs of slowing down. Once skeptical of deploying digital wares, realtors are now turning to solution providers to leverage platforms for online mortgage systems to tenancy management. One notable point is the benefits these computational powers bring into the forte to benefit both consumers as well as agents. Through technology potential buyers can gain access to actual value of a property before making a final decision on a purchase, and realtors can keep track of proptech trends to create better selling options.For individuals seeking rental properties, it can be an uphill task to find the ideal location and room-mate, and currently, proptech is utilized to solve these problems. The solutions can be used to list available rooms and then find a suitable flatmate based on their preferences. Another technique is the use of machine learning to analyze an individual and then match them with existing residents. One technology that has created a significant change in the way people view properties they are interested in is VR/AR. The virtual visualization software and tools can be used by agents to show prospective tenants around a facility from anywhere across the globe. It can even be used by realtors to show property buyers around buildings that are still under construction. For potential clients, the VR/AR can give them a boost in confidence to make a decision based on the digitally created structures they view. In this edition of APAC CIO Outlook, our editorial team has compiled a list of those proptech solution providers that are shaping the future of the real estate industry. We hope our readers can make wise decisions for all their future property buying, selling and renting ventures.Let us know your thoughts!Annie JohnsonEditorialPropTech: The Future of the Real-Estate IndustryAnnie JohnsonManaging Editoreditor@apacciooutlook.com To subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartJohn GothamToby LangtonJie Ch'angManaging EditorAnnie JohnsonSenior WritersLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowDai ShihDan StanleyCopyright © 2019 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.OCTOBER - 2019, Volume 05 - Issue - 55 (ISSN 2644-2876)Published by ValleyMedia Inc.*"Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff"Emailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comSalesJames Williamjames@apaciooutlook.com
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