This document discusses how proptech (property technology) will significantly change the real estate industry over both the next two and ten years. It notes that traditional business models for estate agents will not remain the same and that online agents' models will also change. The document outlines how technologies like blockchain, artificial intelligence, virtual reality, and the internet of things will drive new opportunities in real estate through automation, data analysis, and improved processes. It emphasizes that the industry needs to evolve with technological changes to take advantage of emerging opportunities.