PropTech

What is PropTech?

PropTech, short for property technology, is the use of software and hardware in real estate: buying, selling, renting, building, managing and using property. It covers both residential and commercial property, from listing platforms to building management and workplace tools.

What PropTech covers

• Property search, sales and rental platforms
• Building management and maintenance
• Smart building and energy technology
• Workplace tools for how offices are used

PropTech vs. CREtech

PropTech is the broad term for all property. CREtech focuses on commercial real estate, including offices and how companies use them.

Where AskCody fits

AskCody is workplace software for how offices are used day to day: booking meeting rooms and desks, ordering services and welcoming visitors in Microsoft 365, with workplace analytics on space use.

Frequently asked questions

What does PropTech stand for?

Property technology.

Is PropTech the same as ConTech?

No. ConTech, construction technology, focuses on building projects.

 

Related terms

• CREtech
• IWMS
• Meeting room booking system
• Space management