August 8, 2024

# Where is Proptech Headed?

[Alec Lower](https://www.secondnature.com/podcast/author/alec-lower)

Social Media Coordinator - Second Nature

## Where is Proptech Headed?

Few things have changed the property management industry more in the last five years than a growing proptech industry, but that industry continues to go through changes of its own.

Nate Smoyer, host of the Tech Nest Podcast, joins Andrew Smallwood to cover the state of the proptech industry, where things could be headed, and how it’s all likely to affect you as a property manager.

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## Transcript

### Andrew Smallwood
Hello, professional property managers Andrew Smallwood here with the Triple Win podcast. And I'm joined today by my friend and industry expert, Nate Smoyer.  
He’s is the host of the Tech Nest podcast. And, Nate, I'm sure there's going to be some people who are familiar with you and have heard you before and they're listeners of your podcast. I'm also confident there's gonna be people who are hearing your name for the first time, to be introduced to you for the first time. So I'd love to just set you up. What should our audience know about you before we dig into that?

### Nate Smoyer
Yeah. Andrew, this is a lot of fun. Actually, I'm excited to do this conversation with you. I’m Nate Smoyer. I host Tech Nest, the proptech podcast, as well as publish the newsletter where we typically talk with and feature investors, founders, and CEOs of proptech startups looking to find out what they're doing to change the way we buy, sell, and invest in real estate. I've been in proptech now for about seven years. I work as a fractional head of strategy and marketing for early-stage startups. 
I think there's been a big evolution regarding the proptech industry, and we're starting to see some foundational changes within organizations.

### Andrew Smallwood
Absolutely. I think there's a shift happening.

### Nate Smoyer
Definitely, the excitement around the industry has grown tremendously. More operators are experiencing the benefits of the solutions, leading to an increase in innovation and a focus on delivering real value to property managers and residents alike.

### Andrew Smallwood
Curious about your perspective on trends you're noticing?

### Nate Smoyer
Well, we’re seeing a significant interest in long-term rental spaces, with many startup founders and investors pivoting their focus there.

### Andrew Smallwood
What about challenges?

### Nate Smoyer
Financing options are changing, and there are uncertainties with regulations that are impacting property managers. The landscape is evolving but those who understand and adapt to these changes will thrive.

### Andrew Smallwood
What else should property managers be aware of?

### Nate Smoyer
Maintenance and resident services are hot topics. Companies that streamline maintenance requests and integrate better communication systems will drive efficiencies that benefit both property managers and residents.

### Andrew Smallwood
Thank you for your insights, Nate.

### Nate Smoyer
Thanks for having me, Andrew.

### Laura Mac & Carol Housel
And that wraps up another episode of the Triple-Win Property Management podcast. Thank you for listening. Stay tuned for more insights and updates.
