The rise of PropTech and tech investment in this industry is a strong indicator of how data analytics and their application are revolutionizing the real estate world. Although technology-based selling, renting, lending, construction, renovation, and buying of properties have attained a central point, the data analytics generated from them hold the key to transforming the real estate industry.<\/p>\n\n\n\n
The intervention of data in real estate has led to accurate analysis of large databases from multiple resources. Companies are benefiting a lot from data analytics in real estate as the results have helped them in completing challenging projects in a shorter timeframe. Another major benefit of data analytics is the optimization of the financial resources spent on any project.<\/p>\n\n\n\n
Big data analytics are making a huge move in this industry. Unclear customer behaviors are often regarded as a major hindrance by real estate agents. With the help of predictive analytics, it is possible to contemplate prevailing impediments and create a backup in case of unforeseen disasters. To accurately predict the risk and market trends, realtors and investors are making data-supported investments by using different tools and sources. It is putting an end to legacy realtor trends, leading to a much advanced real estate paradigm. Feeding real estate technology algorithms with useful data has assisted in making the right decision as well as in opening endless opportunities for the business.<\/p>\n\n\n\n
At the 2nd Annual Proptech Middle East being held on 4th and 5th November 2019 at Habtoor Grand Resort & Spa, Dubai Marina, real estate industry experts will share insights on how data analytics has become a primary factor in the real estate decision-making processes today, while also highlighting the challenges in integrating, fetching, and effectively utilizing this data.<\/p>\n\n\n\n
Over 350 real estate professionals from across the GCC region will be attending this two-day summit. For more information about the event, please visit http:\/\/www.proptechdubai.com\/. Follow the Summit on social media with the hashtag #PROPTECHME.<\/p>\n","protected":false},"excerpt":{"rendered":"
The rise of PropTech and tech investment in this industry is a strong indicator of how data analytics and their application are revolutionizing the real estate world. Although technology-based selling, renting, lending, construction, renovation, and buying of properties have attained a central point, the data analytics generated from them hold the key to transforming the […]<\/p>\n","protected":false},"author":1,"featured_media":5433,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-5475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4.jpg",1200,800,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4.jpg",1200,800,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4.jpg",1200,800,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4-300x200.jpg",300,200,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4.jpg",1200,800,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4.jpg",1200,800,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4.jpg",630,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/4.jpg",100,67,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"Uncategorized<\/a>","rttpg_excerpt":"The rise of PropTech and tech investment in this industry is a strong indicator of how data analytics and their application are revolutionizing the real estate world. Although technology-based selling, renting, lending, construction, renovation, and buying of properties have attained a central point, the data analytics generated from them hold the key to transforming the…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=5475"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5475\/revisions"}],"predecessor-version":[{"id":5476,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5475\/revisions\/5476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/5433"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=5475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=5475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=5475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}