Gone are the days when homeowning was a norm. Rent is the new sexy. Real estate is exploring Space as a Service.
The ballooning of rental demand made proptech front and center of investment. Following Airbnb and Wework success, property owners are seriously rethinking profitability. Global property management software market is expected to hit $12.89 bn by 2025. In the US alone, the property management industry presently totals over 270,000 businesses.
So what is management software for real estate and how to build it? Let’s find out.