PropTech is disrupting the real estate market with benefits for both landlords and tenants

Posted by TheGuarantors on November 15, 2018

Technology is disrupting the inefficiencies of the traditional rental process while improving landlords’ relationships with current and prospective tenants, according to Julien Bonneville, CEO and founder of TheGuarantors. 

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Bonneville was joined by the founders and CEOs of StealthForce and B+E on the “PropTech: Disruption or Evolution” panel at WX Women in Real Estate which took place on November 7.

The panel discussion focused on how more efficient processes benefit everyone, and how emerging PropTech might further impact the space.

The real estate industry is increasingly finding value in the use of automated processes and new business models, yet Bonneville emphasized that real estate remains a relationship-based business, and people must always be the focal point.

Improving the rental experience for tenants and making the entire process more efficient can be easily achieved with currently available technology such as the platform offered by TheGuarantors. It consists of risk management tools that integrate with landlords’ existing property management software, immediately improving the efficiency of their transaction processes, strengthening their relationships with tenants, improving profitability and enhancing overall risk management.

Julien noted that the primary focus for providers of disruptive technology is to establish and maintain the trust of the landlords, one of the key focal points of the real estate ecosystem. That means using best in class technology that integrates seamlessly with their existing operations, and allows for world-class customer support experiences without disrupting the business

You can find out more about the event here: https://www.wxnyre.com/events/wx-november-breakfast/.

Topics: Guarantor, Lease Guarantee, Security Deposit Replacement, Property Management, Risk Management, TheGuarantors, Renters Insurance, Affordable Living