One of the things helping to drive change in the real estate industry, for good or bad, is the unprecedented amount of capital flowing into the Industry.
When looking for the "Holy Grail," you can make a lot of "wrong turns" if you a lot of capital to spend. This then requires the smaller players to work harder to compete.
According to our friends at WAV Group, in 2017, over $5 billion was invested in real estate "prop-tech" start-ups--150 times the level seen in 2010.
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