Pioneering AI for Your Real Estate Dreams
The real estate industry is at an exciting point right now. It has a lot of opportunities for growth and is changing in important ways. More and more real estate transactions are happening around the world, which means the industry is growing faster than ever.
Based on reports, in August 2023, Canada had a sales-to-new-listings ratio (SNLR) of 56.2%. The current SNLR indicates slightly more competition among buyers for properties.
One important thing in real estate is figuring out how much a property is worth. This is important for many things like getting a loan, selling a property, making investment decisions, getting insurance, and paying taxes. For most people, the most common reason to figure out a property's value is to set a price when they want to sell it or buy it.
Problems
Inaccurate Property Valuations
Traditional methods often rely on outdated data and subjective assessments, leading to inaccuracies in property values.
Market Volatility
Real estate markets can be highly volatile, and inaccurate valuations can lead to financial losses. predicting the ideal time to sell a property in order to maximize revenue or minimize purchase cost is challenging. This challenge can result in missed opportunities and financial losses
Missing Potential real estate opportunity
Lack of access to potential real estate not currently on the market for sale.
Lack of Transparency
Many people struggle to understand how their property's value is determined, leading to confusion and mistrust.
Data Overload
There is an overwhelming amount of data available for property evaluation, making it challenging for individuals to process and analyze all the relevant information effectively.
Time taking and High Cost process
Employing human appraisers or relying on traditional methods can be costly, especially for agencies and property owners. Property listing websites, agencies, and agents often spend a lot of time manually assessing properties, which can be inefficient.
Solutions
AI-Based Valuation Models Implement a cutting-edge AI algorithm that uses up-to-date data sources and removes subjectivity from property valuation. Incorporate real-time market data and machine learning to provide more accurate and reliable property valuations.
Develop predictive analytics models that factor in market volatility. Use historical data and real-time market trends and user-specific criteria to adjust property valuations dynamically, ensuring they reflect current market conditions and reducing the risk of financial losses. Provide users with recommendations on the optimal time to sell or buy a property to maximize revenue or minimize costs. Offer alerts and notifications to keep users informed of ideal market conditions.
Providing a list of potential properties that are not currently on the market for sale in order to identify, evaluate, and predict investment opportunities, and allowing buyers to submit purchase offers.
Create transparent, user-friendly reports that break down how the AI platform determines property values. Provide clear explanations of the data sources, algorithms, and variables used, building trust and understanding among users.
Leverage AI to process and analyze large volumes of property data quickly and efficiently. Present users with concise, easy-to-understand reports that highlight the most relevant information for property evaluation, eliminating data overload.
By streamlining the assessment of properties, both agencies and property owners can benefit from significant time and cost savings.
What We Offer
With EvalEstate AI, we offer a comprehensive and forward-thinking approach to property valuation and real estate decision-making, empowering users to seize opportunities in both listed and off-market properties.
EvalEstate AI is a Powerful AI solution that accurately evaluates properties. It is B2B and B2C and available to property listing websites, marketplaces, agencies, agents, and end users (buyers or sellers).
It not only provides precise property valuations but also has the unique ability to identify properties that are not yet on the market. It suggests these properties to potential buyers and sellers, enabling them to estimate their value and prepare offers in advance.
Utilizes advanced AI algorithms to provide highly precise property valuations. Minimizes the risk of overvaluing or undervaluing properties, ensuring fair market assessments.
Offers live property valuations, instantly adapting to market fluctuations and property updates. Enables users to make informed decisions promptly.
Key Benefits
Analyzes various factors, including location, property condition, comparable sales, and market trends. Delivers a holistic understanding of a property's worth.
Empowers buyers, sellers, and real estate professionals with data-driven insights. Supports well-informed negotiations and transactions.
Our Team
