predict with 60 %. That can pretty well help clients understand what property is a better choice for their investment , as in the case of commercial property and noncommercial .
4 . Blockchain
Tech-savvy investors may not immediately make the connection between blockchain technology and real estate . While many individuals are familiar with how the blockchain is used in cryptocurrency , it has wide applications in other areas of commerce , including the real estate industry .
Blockchain technology can be used to verify encrypted transactions and ensure that no tampering impacts financial records . It will prove useful in fractional property investment and allow landlords to sell portions of their stake in a given holding . The technology will also enable important documents such as property titles to be stored securely . As with other market sectors , the surface has only been scratched as far as the potential in employing the blockchain for other cases in the real estate industry makes it one of the top real estate tech trends in 2023 .
5 . Fractional Property Investment
Fractional ownership refers to percentage ownership in an asset . It is a common investment strategy when purchasing expensive items such as aircraft or vacation homes . Using the blockchain mentioned above technology , fractional property investment is flourishing for a variety of reasons .
The high price of homes put them out of reach to many wouldbe buyers . Fractional property investment allows these individuals or groups to build a deposit on a future full purchase .
Communal investors can all share rental income from a shared property , opening up an additional income stream . Employing a fractional ownership approach will enable more diversified investment
SA Real Estate Investor Magazine OCT 2022 175