California-based real estate company IntellCRE has announced its end-to-end AI-powered platform that reinvents investment analysis and underwriting. Through the use of advanced patented algorithms, IntellCRE increases efficiency, significantly reduces hours spent on investment comparison and analysis, and saves brokers and investors thousands of dollars through its accurate building valuations.
Without IntellCRE, delivering property evaluation and marketing packages can take up to 6 weeks, while the same can be done within seconds when leveraging the technology. It is common practice for data to be entered manually, which causes slow turnaround times, incorrect estimates, and lost assets. As a result of this process, companies will often enter deals too late, or with an unappealing offer.
Additionally, real estate professionals who are receiving a heavy flow of sellers cannot complete many deals, because crucial time is wasted processing information and on low-level tasks. Since other services on the market weren’t effective, Anton Zajac, CEO of IntellCRE, theoretical physicist, and a managing partner of a global real estate fund, saw a need in the market to automate real estate investing and underwriting processes, so that more time could be spent on sales transactions and actual business, and less in the office. IntellCRE automates the process, as users can simply upload their current property documents such as trailing statements and profit and loss statements, directly into the platform. This allows them to find out the value of deal returns instantly, with the option of adjusting for their own unique strategy, as necessary.
Brokers using IntellCRE can share links with their sellers or property management companies, allowing them to enter property information themselves, allowing for near-instant market comparison and deal marketing. Buyers will then be automatically sourced from relevant data points such as target geography, budget, and targeted property returns. Another benefit of this system is that it highlights potential problems with each property that may otherwise be missed. When property costs are compared, a larger water or electricity bill, for example, can highlight a slab leak or an issue with old electric panels.
IntellCRE’s estimated figures are based on operating data from other buildings. This information includes local tax rates, insurance premiums, and itemized lists of expenses as well as local growth rates.
Those interested in using the platform can sign up in advance via their website, before the official version is released. In the future, IntellCRE has plans to develop more end-to-end automated solutions for investing and calculating property values.
“IntellCRE is a bold answer to the problems shared by investors, brokers, homeowners, and many other individuals in real estate. Our innovative product leverages AI to completely automate investment analysis and underwriting to empower the next generation of investors. Brokers are no longer limited and frustrated by traditional methods as IntellCRE enables them to process and market a new deal in as little as 4 minutes,” says IntellCRE founder and CEO, Anton Zajac.
Media Contact
Name: Anton Zajac
Email: [email protected]
Web: www.intellcre.com
There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation.
