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Such companies offer a wide array of products that cater to residential and commercial properties which include online services that aid in buying and selling real estates, investment advisory and project management, AI marketing tools for better decision making for owners and investors, and even big data analytics as additional decision support services.
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Processing an overwhelming volume of data from multiple real estate assets simultaneously puts companies in the precious competitive edge. With access to live pricing data, sales records, customer interests, and estimates among other datasets, expectations for client satisfaction can be exceeded and competitive advantages can be created.
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The operational changes and innovations made by proptech are what is enabling the real estate industry to expand. One such innovator in this sector includes some start-ups who are utilizing the already existing proptech innovations such as automated property tours, digital listings, and online eSignatures which transform the sale, purchase, and financing of real estates into a simple process.
