DIY real estate has recently become a hot topic on the back of growth in proptech firms.
This phenomenon has been caused by the proliferation of DIY portals, availability of information to those in the real estate transaction and ease of convenience with putting up one’s own place.
Backed by technology and the widespread adoption of smartphones, every player in the life cycle of a real estate transaction has access to information that was not available just 5 years ago.
Historical transactions, check. Buyer and seller guides, check. Landlord and renter guides, check. Regulations and laws protecting various parties in the transaction, check.
Of note, DIY portals have arisen very quickly.
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A quick check on disruptproperty.com shows 47 property startups in Singapore. Some of these are DIY portals while others offer data analytics or online signing services.
Some of these …