REBNY, the Real Estate Board of New York along with Technology Committee has announced PropTech Challenge, a new digital real estate "hackathon." This challenge is looking to encourage that development of cutting-edge solutions to fix challenges that are present in current real estate companies.
The competition will remove the physical limitations of a traditional hackathon, while creating active mentorship for up-and-coming technology innovators.
The PropTech Challenge will be hosted by Devpost, a platform that helps engineers participate in software competitions and find jobs.
Participants may now register to compete for a chance to win a total of $50,000 this fall. Software developers with an expressed interest in the real estate industry and/or blockchain technology, existing apps in the real estate and construction industries, and startups in the real estate technology space are encouraged to participate.
Eligible applicants may participate either as part of a team of up to five people or as an individual. Teams will work across four challenge categories—Blockchain; Operations & Maintenance; Commercial Brokerage; or Architecture Engineering Construction (AEC) & Development—with an eight-week window to submit a video presentation and written presentation demonstrating their solution, concepts, and business plan by Tuesday, October 16.
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