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Real Estate Marketplaces

Online platforms for buying, selling, and leasing properties

Fig. 248 · Row of houses

The field

At a glance

Definition

Online platforms for buying, selling, and leasing properties

Technologies

AI automated valuation models (AVMs) estimate property values from comparable sales, property attributes, and market trends. Virtual and 3D touring technology enables remote property viewing. Transaction management platforms digitize closing processes. Predictive analytics identify market trends and investment opportunities.

Applications

Property search platforms aggregate listings with AI-powered recommendations. Virtual touring enables remote property evaluation. Transaction management platforms coordinate closing across buyers, sellers, agents, lenders, and title companies. Investment analytics platforms help real estate investors identify and evaluate opportunities.

Market and funding

The global real estate marketplace sector facilitates trillions in annual residential and commercial property transactions. With 16 funders, the sector is a PropTech child sector focused on platforms that connect buyers, sellers, renters, and agents in property markets.

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