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The Effects of PropTech on the Real Estate Industry 2020

Updated: Sep 8, 2020

If you’re involved in the real estate industry- in any capacity- then you’ll know that “PropTech” is the biggest buzzword of 2020.

PropTech- short for “property technology”- includes a variety of technologies from PropTech software (i.e. property portals) to PropTech Hardware (i.e. sensors).

In South Africa, companies like PropWorx, Private Property and Shack are leading the PropTech revolution.

However, to understand how PropTech specifically has been affecting the real estate industry this year, it’s important to note how technology as a whole has changed.

COVID-19 changed everything. The way we live, the way we gather, the way we communicate- you name it. Several technology trends have helped make the transition easier. They include:

  • Video chatting

  • Telehealth appointments

  • Online shopping and delivery services

  • Cloud software

  • 5G

Right now, we are at a major turning point.

Did you know that it takes 66 days to form a new habit that becomes automatic? Well, today marks day 167 of South Africa’s lockdown.

That means that most of us have not only gotten used to the new ways of doing things- Zoom meetings, online learning, etc.- but our brains have already automated these behaviors.

We will not be able to return to normal. Instead, we are developing a new normal that includes various forms of technology, including PropTech.

The effects of PropTech on the real estate industry is too vast of a topic to be condensed into one blog post.

But thankfully it doesn’t have to be!

At the end of this month, I will be hosting a virtual summit on the digitalisation of real estate. The top 20 proptech companies in South Africa will be coming together to teach on how to digitalise your real estate investments in the midst of a pandemic.

This virtual event will be hosted every day from 9am-12pm. Spots will be limited so be sure to pre-book!

Don’t miss your chance to get tickets to the event for 30% off!

If you missed the Early Bird tickets, don’t worry. After dozens of emails and requests to extend our discount, we decided to run another sale on our virtual summit tickets.

Right now, you can get a ticket to the year’s largest virtual real estate summit for only R209!

But hurry! This deal expires on September 18th, after which the tickets will return to their original price of R298.

Want to learn more about the real estate industry before the summit? For more information on how to invest in real estate with no money down, download my FREE ebook! To learn more about property investment, you can read through my blog or contact me for a 1:1 consultation.


If you’re ready to take the next step in your real estate investment journey, I would love to help. I have created a no-nonsense course that can help you go from beginner to profitable real estate investor in the next 90 days. Click HERE to find out more!

Interested in learning about how to invest in real estate with no money down? Grab your copy of my ebook How to Invest in Real Estate with No Money HERE! I am giving it away for FREE! In it, I reveal my proven strategy to building wealth through real estate investment without spending my own money. This strategy includes several of the income streams I created without paying any money down.

So- are you ready to start building wealth through real estate? If the answer is “yes,” then it’s time you followed these steps:

1. Register for my upcoming live stream

2. Download my ebook

3. Join our Program

4. Watch our previous Live Stream on the YouTube Channel.

5. Join our