Real estate technology companies develop and leverage technologies to facilitate the purchase, management, maintenance, and investment into both residential and commercial real estate. This includes sub-sectors like property management software, Internet of Things (IoT) home devices, property listing and rental services, mortgage and lending applications, data analysis tools, virtual reality modeling software, augmented reality design applications, marketplaces, mortgage technology and crowdfunding websites. Popular short-term rental marketplace Airbnb is a real estate technology company, allowing users to list, discover and book travel accommodations around the world.
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