Navigating Your Proptech Journey: Key Considerations When Choosing Your Proptech Partner

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Introduction 

Proptech, or property technology, is a term used to refer to the integration of real estate with technology and software. There are a number of factors to consider when choosing a proptech partner, like us at SKBM Smart Technology. Additionally, you’ll likely run into common pain points and challenges during your proptech sourcing and execution stage. We are going to discuss all of these considerations – plus how we work to eliminate these pain points.

What to Consider When Choosing a Proptech Partner 

If you’re wondering where to begin when looking for a proptech partner, here are a few key things that you should factor into your search and overall decision:

Communication    

When you are evaluating a prospective proptech partner, you want to feel like your technological needs and goals are being heard and considered. Are you trying to use tech to secure your properties? Or are you trying to improve tenant retention? By knowing your goals, you can ensure that your future proptech partner takes these into account and can deliver based on your unique set of criteria.

Timeline and Budget 

Some providers can take a long time to launch projects, or even provide a timely quote. Set expectations clearly from the start to avoid delays. If your initial deadlines during the sourcing process are not met – how can you be sure that your partner’s speed and quality will be satisfactory during the project? This is definitely a crucial factor to take into account when looking for the right partner. 

Common Challenges and Pain Points Found When Selecting a Proptech Vendor …

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