Every year, MetaProp’s Zach Aarons breaks out his crystal ball, likely an app, and makes proptech predictions for the next year — and b e y o n d !
Already, it’s been a big year for proptech: Some $12.9 billion was invested in real estate tech startups, according to research firm CREtech. Having beat out record-breaking 2017, which saw $12.7 billion for the whole year, big tech changes could be coming real estate’s way.
Aarons, the co-founder and partner of the venture capital fund, has a wide and far-reaching vision for proptech from smart contracts to drones to artificial intelligence to space travel. And it might just be the year real estate fully embraces tech.
“Every other industry’s adopted it,” Aarons said. “Why not ours?”
Watch the video above to hear Aaron’s take on how proptech will transform real estate dealmaking and how — and where — developers can build.