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Nglish: Translation of prop for Spanish Speakers. Britannica English: Translation of prop for Arabic Speakers. Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

See Definitions and Examples ». Log In. Definition of prop. Phrases Containing prop. Thesaurus Entries Near prop. Cite this Entry. Copy Citation. Post more words for prop to Facebook Facebook. Share more words for prop on Twitter Twitter. More from Merriam-Webster on prop.

Love words? Need even more definitions? Word of the Day. Get Word of the Day daily email! Test Your Vocabulary. Then the thought of what had awakened her made her prop herself up on an elbow and gaze around. Just now, Grandfather's keyster is the Rock of Gibraltar, the financial prop that is sustaining the whole structure.

If, by accident, the underground roots die off, the plant relies entirely on these air and prop roots for support and food. The strong prop roots are generally of the same diameter throughout, though sometimes they thicken at the ends. New Word List Word List. Save This Word! See synonyms for prop on Thesaurus. Smoothly step over to these common grammar mistakes that trip many people up. Good luck! Words nearby prop proofread , proof sheet , proof spirit , proof stress , proof theory , prop , propaedeutic , propagable , propaganda , propagandist , propagandize.

Origin of prop 2 First recorded in —15; by shortening. Origin of prop 3 First recorded in —15; by shortening. What does prop mean? Where does prop come from? Did you know How is prop used in real life? Try using prop! I was so exhausted that I had to prop myself against the wall just to stand up. Words related to prop brace , aid , assistance , buttress , column , mainstay , post , shore , stanchion , stay , strengthener , strut , truss , underpinning , bolster , buoy , carry , maintain , rest , set.

How to use prop in a sentence With an RDP, the prop eller is inside a duct, and the duct itself contains the motor that powers the prop blades. Electric propulsion makes this French submarine concept extra sneaky Christina Mackenzie November 30, Popular-Science.

Better conversations: The 7 essential elements of meaningful communication matthewheimer November 24, Fortune. The first presidential debate was chaotic. Kim Bellware October 1, Washington Post.

This weird-looking plane could someday be a fast, clean option for air travel Rob Verger September 28, Popular-Science. Hate Hyper-Partisanship? Ancestors Gertrude Atherton. David Lannarck, Midget George S.

   

 

California November election results: Propositions 26 and 27 - What Is Proptech?



   

Synonyms of prop. Example Sentences. Verb She propped the rake against a tree. We propped the shed's roof with poles. The window was propped open. Word History. First Known Use. Time Traveler. See more words from the same century.

Phrases Containing prop. Dictionary Entries Near prop. Cite this Entry. Copy Citation. Post the Definition of prop to Facebook Facebook.

Share the Definition of prop on Twitter Twitter. Kids Definition. More from Merriam-Webster on prop. Love words? Need even more definitions? Word of the Day. Get Word of the Day daily email! Test Your Vocabulary. Swift Unpredictable Slow Relentless. Proptech, or property technology, is all the tech tools Real Estate experts use to optimize the way people buy, sell, research, market, and manage a property.

However, at its core, prop tech always means robust alignment between real estate and technology. Examples of disruptive technology in real estate can be investment platforms for matching retail investors and real estate assets or property management platforms for running residential, office and retail properties we talk about it a bit more in the next section. If property technology seems somewhat distant from the individual consumer, think of your last vacation spent in a lovely Airbnb apartment or a boutique hotel, which you had picked among numerous other gorgeous locations generously listed on the platform — and at a much lower price than you would have spent on a hotel in the same area.

If you can relate, you have firsthand seen how technology has changed the real estate industry. By far, Airbnb is one of the first proptech tech companies disrupting the real estate industry, along with Zoopla, Causeway, and Purplebricks — they all once took the plunge and married century-old technology and real estate, pretty much in the same way Uber has transformed the transportation business.

Contact our team to start your custom real estate software development. Did you know that over the last decade, more than proptech companies have popped up across the globe? Yes, Numerous real estate and technology thought leaders made attempts to classify the new-born property technology, but due to different proptech definitions as well as the types of real estate markets, the exact parameters of proptech space may vary.

Having been in the real estate industry for almost two decades , Ascendix has witnessed the evolution of property technology and is well positioned to provide our outlook on proptech ecosystem.

So here it is — our analysis of the three most popular approaches to categorizing proptech ecosystem, as well as our conclusion on which classification best reflects the modern proptech landscape.

This is a traditional and very general way to classify the proptech landscape that outlines its basic elements and relationships. It is especially helpful for those just trying to comprehend what proptech actually is and how it correlates with other industries. Residential Property Tech is all the digital products developed by real estate tech companies to facilitate the way people own or rent apartments and houses, e. CRE Proptech stands for Commercial Real Estate technology and means the use of all the innovative tools companies and individual CRE professionals use to efficiently run, search, rent, and sell office, industrial, and retail property assets.

The brightest illustrations of this realm of Proptech real estate in action are marketplaces for brokers like LoopNet and Biprox. So, whereas Residential Proptech is solely focused on smart property solutions for families and individuals, CRETech is all about driving efficiency in commercial property management.

First developed by PitchBook , this proptech market map consists of five distinct segments: asset utilization; finance and investments; construction, maintenance and renovation; property management; and transaction solutions.

Here is your link to download Ascendix Portfolio. Team, someone requested Ascendix Professional Services Overview. Proptech disruption has brought innovation into the daily routine of almost every player on the Real Estate market, including landlords, tenants, investors, brokers, letting agents , etc. For a broker , the adoption of Proptech solutions means:.

Property technologies have also changed the way landlords and tenants interact. Here is what Proptech has brought for both parties:. As your business grows, your data sets are inevitably expanding, transforming into Big Data. The way you collect and use Big Data can become the key standpoint for your success in Real Estate. The Bright Data report names 6 key areas of how the new technology in property management is used to drive Proptech disruption and efficiency of running a business:.

Proptech Big Data Analytics allows for unprecedented granularity of the research, which otherwise may have been not available. Property technology startups already can forecast property prices in x-year time based on large data sets. Just to illustrate, a similar approach combining a large database of traditional and nontraditional data was used to predict the 3-year rent per square foot for multifamily buildings in Seattle.

Proptech Big Data can also improve how properties are marketed. Proptech realtors can benefit from Big Data Analytics tools to refine their audience and target buyers and come up with better offers.

Applying big data to residential development is another example of how technology has changed the real estate industry. Granular data analysis helps tech-minded real estate developers to predict where it is best to build a new building and what amenities would fit the potential residents.

Proptech Big Data can also become the key standpoint for creating clear predictive analyses of the risks of investing in certain buildings and projects. With Big Data Analysis in place, Proptech realtors and other professionals can rest assured that all the data are structured in clear data sets, and nothing falls through the cracks. Continental Europe The Asian Proptech real estate industry 3. The prevalence of Residential Proptech solutions in the US and Europe can also be driven by investing purposes.

Here are the most recent findings defining the state of Proptech in the global Real Estate industry today:. Real Estate has always been a stranger in the world of innovation and technology. However, property tech startups, popping up here and there over the last decade, started to bridge the gap between Real Estate and Tech.

Big Data is about collecting and analyzing real-time and historical data about all kinds of assets, from residential households to complex corporate facilities and telecommunications.

With structured data sets, real estate companies and individual Proptech realtors can then come up with accurate insights on pricing, home-value trends, and even potential risks and failure. Whereas Big Data in Real Estate is about structuring large amounts of data, AI and machine learning help to make it more actionable.

From robust search prediction functionality to autogenerating personalized email sequences to customers based on their life events, AI will do the job for you! According to a report by Goldman-Sachs , Virtual Reality will be at the top of Proptech disruption by , with an estimated 1. This number makes up the bulk of the total professionals in this area today. The application of VR in Real Estate may vary, from virtual tours of properties to augmented reality solutions for digitally adding furniture to the existing interior like in roOomy.

As we adopt the new ways of green construction, focused on building sustainable, energy-efficient homes, modern appliances are getting smarter, too, with SmartGrid refrigerators, washing machines, dishwashers, and micro ovens taking up the central place in our homes. However, there is still a lot to come!

Initially powered by AI, chatbots have become a must-have feature for almost every website. These solutions ease the hassle of listing search, property management, documenting, construction planning, and much more. Being a Real Estate agent or broker is about handling a million and one things at a time. So, having an all-in-one tool for keeping track of landowners, land buyers, vendors, properties, listings, etc.

One of the biggest real estate tech companies and the ultimate expert in catering to the needs of brokers and real estate agents is Ascendix. See how Ascendix Tech can help you close more deals and improve your prospecting. Another property technology solution that can offload the daily routine of a real estate broker is Ascendix Search — a powerful tool for Salesforce users to search across charts, maps, and all bulk of your records in several clicks.

Ascendix Search. Best proptech real estate tools Ascendix Search. Constructions Management tools help with making plans, creating and keeping documentation, and communicating throughout construction projects. One of the most recognized Proptech companies dedicated to the construction industry is PlanRadar.



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