As proptech companies revolutionize the real estate industry, they reshape how properties are bought, sold, rented, and managed by increasing efficiency, transparency, and accessibility in both residential and commercial real estate transactions. When they integrate such technologies as AI and blockchain, the process becomes more user-friendly for buyers, sellers, investors, and tenants alike.
These innovations, for example, allow potential buyers and renters to take virtual tours of properties around their schedule. Proptech also increases the security of real estate transactions. Analytics tools allow investors to analyze market trends and know where to invest their money. And, Customer Relationship Management (CRM) software allows owners and property managers to collect rent and keep track of maintenance requests.
Advances in technology will only continue, and the real estate industry will benefit from the cutting-edge developments in the tech sector. Below, you’ll find our list of top proptech companies with short explanations of how they are revolutionizing the market.
Related: Why Invest in Multifamily Real Estate?
The Proptech Companies Revolutionizing the Industry
Qualia
Size: 451
Qualia is a digital closing platform. The company serves lenders, vendors, settlement agents, title insurers, and real estate agents. Their processes reduce the workload of closing on real estate transactions by securely storing all of the user’s data and documents in one place.
AppFolio
Size: 1,600
AppFolio, a cloud-based property management software, allows customers to streamline day-to-day operations so that they can grow their business. The interface facilitates rent collection, lease tracking, maintenance requests, and tenant communications. Advanced features include accounting, marketing, and team management.
AptAmigo
Size: 200-250 employees
AptAmigo cuts out the frustrations of finding a new apartment to rent. Their team and technology streamline the search process, so clients can find their dream home stress-free. Apartment locators meet with clients to determine their wants and needs, scout available apartments in the area, then set up tours and handle logistics — all the client has to do is show up.
Redfin
Size: 4,693
Redfin works with buyers, sellers, renters, and owners to make buying, selling, or renting a house or apartment seamless. Their site connects buyers and renters with properties as soon as they hit the market and facilitates virtual tours. Redfin works as a one-stop shop that connects buyers with lenders and inspectors, and sellers and owners with handypeople and stagers.
Ascendix
Size: 151
Ascendix develops software for the commercial real estate sector. It simplifies workflows and automates tasks for property managers and owners, brokers, and investors. This company has invested heavily in developing AI solutions to make processes even more efficient.
RealPage
Size: 8,700
RealPage is a commercial and residential property management tool that fully automates leasing, listing, tenant screening, billing, and management processes. The cloud-based software operates on both desktop and mobile devices. Despite its status as one of the oldest proptech companies, it stays competitive through cutting-edge research and technology development.
Zillow
Size: 8,400
Zillow provides a seamless end-to-end experience for renters, buyers, and sellers. The website collects data on homes, including sales history, market trends, and images. It also uses AI to create home value estimates. Zillow connects renters and buyers with agents and loan officers to create a one-stop shop for real estate transactions.
CoreLogic
Size: 6,300
AI powerhouse CoreLogic provides data and analytics to assist mortgage brokers, insurers, valuers, and other industry players in their decision-making. Different products analyze weather risks, high-growth areas, and trends forecasting. CoreLogic seeks to help clients increase productivity, minimize risk, and grow businesses.
Opendoor
Size: 1,982
Opendoor specializes in the buying and selling of residential properties. Sellers can connect with a real estate agent to conclude the transaction or accept a cash offer from Opendoor. Buyers can access Opendoor homes for tours without setting up a special appointment. Users complete all paperwork online, making it convenient for both buyers and sellers.
Zumper
Size: 201
Zumper makes the process of renting a home or an apartment as easy as booking a hotel. The platform helps renters find what they are looking for, whether a short-term rental, a pet-friendly building, or a luxury space, across many US markets. Zumper helps property owners market their properties and connects them with quality renters to fill vacancies.
Ready to Work at a Proptech Company? Consider AptAmigo.
Proptech presents an exciting and cutting-edge industry for people who want to be a part of the real estate industry. If you’re ready to earn a solid commission as an apartment locator, join us! AptAmigo’s advanced CRM and in-house leads make helping clients a breeze. We offer plenty of support as you nurture clients through the whole process, from scouting locations to arranging tours and signing the paperwork.
Learn why more and more agents choose to work for AptAmigo and apply today.
AptAmigo is proud to be an equal opportunity workplace and does not discriminate based on race, religious creed, color, national origin, ancestry, genetic information, physical or mental disability, medical condition, marital status, gender, age, sexual orientation, gender identity, veteran status, or any other characteristic protected by applicable law, in connection with any aspect of employment at AptAmigo.
Lori Walker is a freelance writer and content marketer. She writes personal essays, memoir, and poetry in Tulsa, where she lives with her husband and cat, Joan Didion.
