PropTech: What, How, & Who?

As any industry grows, tech teams start to put their mark on it by creating cutting-edge solutions. And if we are talking about growing, or to be more accurate, booming, industries, we have to talk about real estate…and what PropTech is.

So what do you get when you combine technology with real estate? Introducing PropTech (property technology), an innovative approach to showing, purchasing, and selling properties.

In this blog, we will tell you everything you need to know about PropTech and how Nawy is utilizing it to offer you a seamless and easy experience.

What is PropTech?

PropTech is any technological solution that helps any real estate stakeholder (e.g., brokers, developers, and lending banks) manage and improve real estate transactions.

In simpler words, these are the technological solutions that make the industry’s personnel and customers have an easier experience.

Just like FinTech (finance technology), PropTech helps the industry grow by addressing the needs of the market and offering innovative solutions.

Services Offered by PropTech Companies

Different PropTech companies around the world offer various services that make property purchasing, selling, and investing as hassle-free as possible. These solutions include, but are not limited to:

• Property management
• Real estate property buying & marketplace
• Search tools
• Financing and mortgage tech
• Virtual experiences: VR and AR tools
• Transaction management

Learn about Augmented Reality and Real Estate

There are numerous digital platforms already utilizing technological solutions in the housing sector. Have you ever heard of Zillow? Of course, you did, who didn’t! But do you know that there are Prop-Tech companies in Egypt?

Nawy

Nawy is the largest PropTech company in Africa, which has been revolutionizing the industry since its establishment in 2016.

What makes Nawy different than real estate brokerage? Its utilization of tech solutions to offer you a seamless experience!

In fact, Nawy has a powerful tech team that works on introducing advanced solutions to the housing sector in Egypt and the whole region. Through artificial intelligence (AI) and data science, Nawy is reshaping the selling, owning, and investing industry.

Starting from the platforms that digitalize the whole purchasing and selling process, all the way to the new services like Nawy Now, each service Nawy offers works on simplifying the whole process.

Nawy : A Prop-Tech Reshaping Egyptian Real Estate Industry

For instance, on Nawy’s mobile app, you can simply:

• Find both primary and resale inventory in Egypt’s prominent cities, such as New Capital, North Coast, El Sheikh Zayed, and New Cairo.
• Sell your property.
• Find your next real estate investment opportunity.

Furthermore, Nawy’s Egypt Map will make your process much easier. You can check all real estate projects in a specific area through the map.

Our dedicated team of tech experts also works on offering solutions to brokers and our other in-house teams. In a nutshell, Nawy is constantly working on revamping the sector and improving the process for all concerned parties.

Whether you are a buyer, investor, seller, or investor, our PropTech solutions are your gateway for a seamless experience from beginning to end.

Final Thoughts

To sum up, PropTech is the latest advancement in the housing sector, and it is expected to revolutionize the sector. Whether you are a client, broker, or developer, PropTech will help you have an easier experience.

Finding your next unit has never been easier. You can now check the real estate marketplace in Egypt and the best properties in the market through Nawy’s mobile app and website.

Check Available Units on Nawy