What innovations define PropTech 3.0?

The defining innovations of PropTech 3.0 include:

• AI chatbots for instant customer support and lead qualification.
• Smart contracts on blockchain to automate sale/purchase or lease agreements.
• Virtual Reality (VR) tours enabling near-lifelike property exploration.
• Fractional ownership platforms that divide properties into smaller investment shares.
• Digital twins for real-time building simulations and performance tracking.

This era emphasizes hyper-personalization, data-driven insights, and decentralized technology to optimize real estate transactions and management processes.