According to a recent press release, 2024 kicked off the emergence of PropTech XR capabilities - equally important to the innovation itself is the new hiring demands at top commercial real estate firms, where executives are suddenly debating how to effectively scale new tech skills like digital twin engineers, AR designers, and VR developers.
From a user perspective the PropTech revolution started with the launch of Trulia and Zillow in 2005 and 2006, respectively; the funding frenzy took off in parallel with smartphones, now a once closed industry is teaming with transparency, data, futuristic virtual tours, and a streamlining of complex paperwork and processes.