Proptech’s potential is in the solutions it offers
Property Week speaks with a data company, a payments platform and a global real estate adviser to discuss how technology can revolutionize residential property. Rupert Parker, head of future proofing at consultancy Avison Young, says: “It will take a little bit of education to gain the trust of people who are currently in the industry. People realise that data can help them make better decisions, so it’s just a case of changing work patterns and work flows to integrate the new forms of work into what we currently do.” Mr Parker also notes that the biggest problem facing the proptech start-ups is the need to establish trust and a track record in the sector. “It’s just become this cloud of confusion,” he says.