Top 11 Real Estate Technology Trends Every Realtor Should Know

Quick Summary: Technology is advancing rapidly, and every industry is quickly adapting to it. The real estate industry is no exception, with more businesses integrating new, advanced, and sophisticated technologies. However, to thrive in the race, real estate businesses need to follow different real estate technology trends. Wondering which trends? Get to know all in this blog!

Technology is everywhere!

So, like every other industry, technology has influenced the real estate industry as well. The integration of innovative technologies in real estate modifies the way these businesses were handled before, hence adding a cherry to the cake. Also, the real estate market is the most significant part of the global economy, with expected growth around USD 729.40 billion by 2028, as per Statista report. Surprisingly, the real estate industry was the last to embrace digitalization. However, now it is actively redressing it by following the best real estate technology trends.

In these fast-tech digitization times, businesses must enhance their investment decisions and property management. To accomplish this, real estate businesses must implement some of the most important technology trends in real estate, like AI, IoT, virtual reality, and many more. Moreover, most real estate organizations nowadays opt for real estate app development.

The real estate industry is experiencing how these modern technologies are bringing a transformation with the help of digital trends in real estate. From automated property management to virtual reality home tours to AI-based data on buyer behavior, it's evident that the real estate industry is leveraging the best tech trends on the market.

Curious to know more about the best real estate technology trends? Here we go!

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Proptech: Biggest Change in Real Estate Industry

Proptech is an abbreviation for "property" and "technology." Proptech is a field that links real estate technologies, such as cloud computing, mobile solutions, artificial intelligence, and the Internet of Things (IoT), to provide more efficient, state-of-the-art solutions for the real estate industry to enjoy. PropTech solutions, thereby, focus on inspiring and modifying how individuals purchase, sell, rent, and handle real estate.

Proptech is referred to as CREtech for commercial real estate technology or REtech for real estate technology. Generally, it refers to the software used in real estate tools and applications.

Proptech solutions can help you control temperature for smart homes, intelligent lighting systems, innovative security systems, data-driven property management software, automating business processes, virtual property tours, and many more. Using Proptech solutions, real estate businesses can effortlessly enhance their proficiency, improve service quality, and minimize costs, giving you an upper hand.

Undoubtedly, Proptech is gaining immense popularity because of its most significant potential to revolutionize the real estate industry.

Moving on to the heart of our blog, let's now read about some of the best real estate technology trends and Proptech trends.

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Real Estate Technology Trends Transforming the Industry

Here are the top tech trends in real estate that are game changers for real estate industries today and shortly.

Let's have a look.

Trend 1: Millennials and Gen-Zs Run the World

Okay, okay, I know, our first trend is strangely nothing sort of a real estate tech trend. However, it does help shape our other real estate technology trends. It's no surprise that most app users are Millennials or Gen-Zs. And both our Gen-Zs and M-guys are determined and ambitious to buy their properties, that support and come with modern features like data analytics management systems, AI-driven equipment, etc. Hence, there's no argument that this isn't a real estate tech trend.

However, you first need to know and understand these individuals' requirements and buying habits and then streamline the tech advancements with the solutions.

'One trend that we're seeing across new home buyers is the desire for optimized homes that cater to one's well-being.' – Farnoosh Torabi, Personal Finance Expert and Host of SoMoney Podcast

Trend 2: Artificial Intelligence and Machine Learning

Looking closely, we can observe that every industrial sector integrates AI (Artificial Intelligence) and ML (Machine Learning) in their software solutions. Hence, AI is also proving to be one of the best real estate tech trends, as well as the crossroads in the real estate industry. In fact, according to the PWC report, organizations are using AI to prevent concurrent activities like timesheets (78%), paperwork (82%), and scheduling (79%).

Bygone is the time when searching, viewing, selling, and buying properties was overwhelming, thanks to the new commercial real estate technology trends. We've long said good-bye to these issues. Exciting, right?

Trend 3: Blockchain Technology

So, to all my tech-enthusiast friends, I bet you must be thinking about how Blockchain technology can fit into the real estate industry. Well, it can, and surprisingly, it's the most popular Proptech trend. Wondering why? Because purchasing, selling, or leasing out any property requires a good amount of money and your personal information.

In the old days, transactions regarding expensive-value assets such as property or real estate were never conducted through digital mediums. These transactions were often undertaken via offline modes, like person-to-person interactions and cash. However, Blockchain development, the most prominent tech trend in real estate, has brought opportunities to revolutionize this offline process. Hence, real estate is observing a game-changing evolution with Blockchain as the power factor.

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Trend 4: Virtual Reality

Virtual reality is also quite a famous real estate technology trend, which makes exploring and buying properties easy and exciting. How? VR (Virtual Reality) helps provide potential clients with a virtual or digital tour of the property remotely. With the deployment of virtual reality, the real estate industry has entered the metaverse of technology (Like our beloved Spiderman).

Now, your clients can visit the property from sitting anywhere with the help of virtual tours. The need for more sustainable and advanced options leads to increased acceptance of VR, helping sellers and buyers make deals without in-person meetings.

Trend 5: Internet of Things

IoT refers to devices and appliances with a digital connection with the cloud, consistently helping them send and receive valuable information. Integrating this real estate tech trend can be a meaningful change! IoT is the sole reason we have a world of smart properties today that incorporates the digital and physical worlds.

Moreover, Proptech uses IoT development for uniqueness and to enhance the comfort level of clients. The IoT-integrated home devices come with smart sensors that alert property owners about potential issues. Hence, IoT as a Proptech trend helps improve sustainability and energy efficiency, eventually saving a lot of money (and making property owners happier).

Trend 6: Mobile Applications Usage

From online shopping to paying bills, individuals can do everything with a single tap on their mobile phones. So, in the Proptech world, using various mobile apps for browsing, buying, selling properties, or finding an agent is one of the best Proptech trends. With the help of these apps, buyers can digitally meet sellers or look for specific properties. It helps save time, effort, and transportation costs and eventually helps in making all the processes transparent.

Real estate mobile apps have been in the market for quite a long time; however, the coming years will witness a surge in better experience with the help of technologies like Business Intelligence, Big Data, 3D printing, 5G, and drones.

Trend 7: Digital Twins

As more data is presented digitally, potential consumers have more opportunities to review and examine properties. Assume getting a chance to see the 3D digital model of every property when searching for housing. These applications help predict the significant parameters of different environmental circumstances (landslides, tornadoes, earthquakes, etc.) that any specific property can withstand. Insurance and maintenance organizations will quickly understand the current situations of properties (like existing and potential harm, place of repair, and date) and the fire escape scheme.

Furthermore, digital twins can also be effective during house construction, which eventually helps the developers understand how safe and secure their project will be. These apps also help avoid property collapse and utilize developers' resources logically.

Trend 8: Hyper-Personalized Content

Among the best real estate tech trends emerging in 2025, hyper-personalized content is another fascinating one. Predictive analysis and datasets enable property agents to acknowledge their clients better. They can also group the clients with those who share related lifestyle attributes. As an outcome, these agents can now design highly targeted and personalized content and messages that target specific audiences. They can send documents via mail or describe the property. Also, agents can use Instagram and Facebook to conduct virtual tours of different properties.

Trend 9: The Evolution of Proptech in Commercial Real Estate

Proptech is making waves in commercial real estate, revolutionizing how investors and tenants interact with properties. As businesses increasingly rely on data, proptech offers insights that help optimize property management and investment strategies. From AI-driven analytics to automated leasing processes, efficiency is the name of the game.

Companies adopting proptech solutions can expect to reduce costs and improve tenant experience. This is how embracing such future-ready trends can help you make smarter investments and drive more satisfied clients.

Trend 10: Localized Property Portals

The rise of localized property portals is changing the way buyers and renters find homes. Instead of generic listings, these platforms focus on specific neighborhoods, providing tailored information and insights.

People want to know more about where they live. Localized portals offer detailed data on schools, amenities, and community vibes, making it easier for potential buyers and renters to make informed decisions.

As more consumers seek personalized experiences, localized portals can capture niche markets. Real estate agents and developers can leverage these platforms to connect with clients on a deeper level, enhancing relationships and driving sales.

Trend 11: Digital Escrow Services

Digital escrow services are set to revolutionize the closing process in real estate transactions. By using blockchain technology and secure digital platforms, these services streamline the escrow process and enhance security.

As buyers and sellers prioritize efficiency and security, digital escrow services will become the norm. Real estate professionals who adopt this technology will not only improve client trust but also speed up transactions, leading to increased business opportunities.

Beyond these mainstream trends, several niche technologies are also making waves in the real estate industry, including:

1. Buying and selling websites like Zillow and Redfin continue to evolve by offering more advanced search features and virtual tours.
2. Real estate management software helps property managers streamline operations, from tenant communication to financial tracking.
3. Big data analytics provides valuable insights into market trends, allowing investors to make informed decisions.
4. Crowdfunding platforms offer opportunities for individuals to invest in real estate projects, democratizing access to property ownership.
5. Fractional property investment allows investors to own a portion of a high-value property, making luxury real estate more accessible.
6. IoT smart home automation enhances the living experience for residents, while advanced analytics and data visualization software provides clearer insights into property performance.
7. Real estate marketing automation streamlines marketing efforts, improving engagement and lead generation.
8. Drones and other high-tech devices are being used for property inspections, aerial photography, and even security surveillance.

So, these were some of the best and most significant real estate technology trends, also referred to as Proptech trends, that any reputable software development company like Radixweb would swear by. These technology trends in real estate are playing a significant role in transforming the buyer and seller experience (in the best way possible).

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Real Estate Technology Trends: Summing Up!Now, it's quite safe to declare that tech trends in real estate are revolutionizing A-Z about the respective industry, properties, and their management. So, believe me when I say this - the future of the real estate industry is bright! And all thanks to these advancing technologies.The acceptance of these real estate technology trends in the real estate development industry is also booming rapidly, eventually leading to the expansion of the industry. So, if you're considering setting up a start-up or are opting to develop a real estate application, this is the right time to stop thinking and start doing. And we at Radixweb will be happy to help you!As a trusted real estate software development company, Radixweb can help you with efficient and seamless development, following all the significant Proptech trends. Our experts incorporate the most recent real estate tech trends to develop innovative apps with innovative features that simplify purchasing and selling real estate.Feel free to contact us in case of any query related to real estate software development.