News

Spruce launches new digital tool for real-estate closings amid proptech industry boom that’s pushed traditional home buying and selling online

Spruce, a digital closing company, is rolling out a white-label product aimed at ascendant real-estate tech companies. The service allows tech-forward brokerages, iBuyers, and other proptech pioneers to run their own digital title agencies, without having to build one in-house or acquire one externally. CEO and cofounder Patrick Burns said […]
Spruce launches new digital tool for real-estate closings amid proptech industry boom that’s pushed traditional home buying and selling online
Tech

Property tech companies are helping landlords spy on residents, collect their data, and even evict them. Critics are calling it an invasion of privacy that could reinforce inequality.

Landlords are increasingly using facial recognition software and other surveillance technologies to track tenants’ movements and collect their data. The companies selling “proptech” claim their products make residents safer, but some say flaws and biases mean they’re really just accelerating gentrification and invading people’s privacy. Researchers with the AI Now […]
Property tech companies are helping landlords spy on residents, collect their data, and even evict them. Critics are calling it an invasion of privacy that could reinforce inequality.
Markets

‘We should be prepared for a new normal’: 3 real estate experts on how the coronavirus is transforming offices and accelerating the rise of industrial property

Business Insider’s Dan Geiger spoke with industry experts from JLL, Goodwin Procter, and Warburg Realty about the short-term, and long-term future of real estate. The three agreed the crisis has forced everyone from corporate executives to bosses of smaller businesses to rethink how they use offices. Industrial real estate could […]
‘We should be prepared for a new normal’: 3 real estate experts on how the coronavirus is transforming offices and accelerating the rise of industrial property
Tech

Domain is opening up its property data for startups to use

While fintechs await an open banking regime, property tech startups have been provided a leg-up by major real estate classifieds site Domain. Domain, owned by Fairfax Media*, on Wednesday launched a public application programming interface (API), which allows third parties to access its vast dataset of Australian properties. Domain Group […]
Domain is opening up its property data for startups to use