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PROPTECH-X : News Roundup – Seven Days of Articles & Analysis

Damon Bullimore nurtur.tech – The AI Revolution

Transforming the industry and human interaction

There are few milestone revelations within the property sector that have moved as quickly or had as big an impact as Artificial Intelligence (AI). According to Damon Bullimore, CEO of Nurtur, AI is not just going to revolutionise the sector but also the way people interact with each other and the world around them.

Over the years, there have been a few major technological advances that significantly changed the way agents work. The first was the introduction of the computer, the second was email, and the third was CRM systems and proptech. “While all of these were considered the ‘game-changer’ of their time, none were integrated as quickly or moved as fast as AI. In fact, I believe that none of them will even come close to the impact AI will have on the sector and the way agents work,” he adds.

While some may fear that AI will be detrimental to the sector, removing much of the human element of the business, however, Bullimore believes the opposite. “My view is that the integration of AI into businesses will give agents more time to build relationships with their customers and provide better service. With a high-value item such as a property, people want to deal with people.

Right now, many mundane administrative tasks consume time that could be better spent interacting with customers. Estate agency is, and always will be, a people business, but so much time is spent at a desk behind a computer. Ironically, I believe that technological advancements in AI could mean less screen time and more quality human-to-human interaction,” he comments.

Many people are already accustomed to using virtual assistants like Alexa or Siri. While these assistants currently have their limitations, advancements in AI could change that. In the not-so-distant future, a highly efficient virtual assistant could be developed with the ability to take on a variety of tasks via voice command. Could this mean an estate agency with no computers or laptops on desks? Bullimore believes this is a real possibility.

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Andrew Stanton CEO Proptech-PR




CRE stakeholders & the Building of Things®

Week 8:  The OpticWise Origin Story: Reclaiming Control of the Building Stack

Introduction

Welcome to Week 8 of our 52-week journey through the future of digital infrastructure in commercial real estate. I’m Bill Douglas, CEO of OpticWise and co-author of Peak Property Performance: Game-Changing AI and Digital Strategies for Commercial Real Estate. This week, we’re telling the origin story of Building of Things®—a concept born out of necessity, insight, and decades of experience at the intersection of technology and real estate.

Where It All Began

Back in 2004, Drew Hall founded a company called Summit Networks. He was designing networks for buildings long before PropTech became a buzzword. When I joined in 2016 and we rebranded as OpticWise, we realized something fundamental: even the most sophisticated commercial properties were built on digital quicksand. Owners had no idea who controlled their networks, where their data was going, or how to use digital infrastructure as an asset.

The Aha Moment: Stack Control = Asset Control

We saw buildings with five or more different vendors managing Wi-Fi, BMS, access control, and HVAC—none of them connected or playing together. Data was siloed. Systems were brittle. Contracts gave control to outsiders. That’s when it hit us: the building itself wasn’t the issue. It was the invisible tech layer—what we now call the Building of Things® stack.

**BoT®** is not just a play on IoT. It’s a reframe. It’s about structuring the digital layers of a building like a tech company would: with intention, interoperability, and owner control.

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Andrew Stanton CEO Proptech-PR


Survey Shack app helps sellers as property market slows

UK house prices have slipped into a largely unexpected tailspin. Zoopla reports that annual growth dropped to 1.4% in May 2025, while Nationwide observes a 0.8% drop in average value between May and June. Analysts had predicted an increase of 0.1% month-on-month in June, meaning the sudden drop caught many market commentators by surprise.

Sellers have flooded the market over the past year, with Zoopla reporting that the average estate agent now has a stock of 37 homes for sale; a year ago, the figure stood at 32. At the same time, transaction time is lengthening inexorably. Property consultancy TwentyEA reports that it now takes average of 205 days to sell a property in the UK, compared to 195 days a year ago.

Market conditions mean that sellers need to price their homes correctly and do all they can to be “sales ready,” according to Brett Ray, Founding Partner and CEO of Survey Shack, an innovative new app that guides sellers through a home condition assessment.

Brett Ray, Founding Partner & CEO, Survey Shack, comments: “It’s a buyer’s market right now, which means sellers have to work much harder, particularly if they want to sell swiftly. They need to do all they can to ensure their property is sales ready and priced appropriately, including minimising the risk of unexpected survey findings causing transactions to falter over price and fall through.”

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Andrew Stanton CEO Proptech-PR


 

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Andrew Stanton Founder & Editor of 'PROPTECH-X' where his insights, connections, analysis and commentary on proptech and real estate are based on writing 1.3M words annually. Plus meeting 1,000 Proptech founders, critiquing 400 decks and having had 130 clients as CEO of 'PROPTECH-PR', a consultancy for Proptech founders seeking growth and exit strategies. He also acts as an advisory for major global real estate companies on sales, acquisitions, market positioning & operations. With 200K followers & readers, he is the 'Proptech Realestate Influencer.'

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