AI: Why real estate portfolio management needs it to benefit customers
Wednesday, 12 October 2022, 17:03 IST
Real Estate Wealth Management -Tech is pushing boundaries in the industry & we at Indiassetz believe this impact of AI is here to stay.
Artificial Intelligence has taken the digital revolution further than any other technology. The technology is not just predictive and prescriptive, it is also preemptive. Data science has enabled algorithms to every industry and real estate is also in the forefront of such change.
If you are living in India some of you may believe that AI cannot make any difference in real estate. But at Indiassetz we have enough data to suggest that change is here.
There are some key unique value propositions that real estate wealth management tech is bringing to the market, which is obviously led by AI and Indiassetz has you covered on its real estate wealth management platform.
Portfolio management: A Real Estate Wealth-Tech platform helps clients to seamlessly manage their real estate portfolio with a wealth management perspective and grow their real estate wealth with a simple, professional and a research-based experience.
While there are banks and wealth management companies for managing cash and other asset classes, real estate wealth-tech focuses on the clients to manage and maximise their investments in the real estate asset class.
Here is why real estate wealth management-tech is different.
Most of the available real estate digital solutions focus on a transactional approach (Buy, Sell, Rent). A real estate wealth management-tech platform is a one stop digital solution for all real estate needs, which also includes interiors, maintenance and paperwork.
With a data led, machine learning and AI powered, portfolio management approach homeowners are able to track their whole portfolio value real time with dynamic price changes (like stock prices), pay property taxes in one shot, manage their tenants and rental incomes, and other paperwork like agreements and ownership certificates. These services are so customised that they can be availed at a few simple clicks.
Digital Buy, Sell, Rent (BSR): A real estate wealth management-tech platform creates an entire digital BSR journey, providing a solution to the clients to buy or sell or rent properties from anywhere in the world through uniquely designed digital experience.
While most available solutions only focus on Property Identification (through a listing platform), clients will never see a plethora of properties, a lot of data is dumped on them and they are left to the client to make their choices without any intelligent suggestion.
AI and machine learning create unique journeys, they understand the client very well, including their preferences, personality and goals. Only the perfect matching of properties are recommended for the client through AI.
Enhanced Experience: A state-of-the-art UX/UI eases the experience of real estate for clients by making it as easy as buying and selling stocks on digital platforms. It's just like on the Zerodha platform or just booking a stay on AirBnB.
On Indiassetz verification of documents, e-stamp and e-signing of documents is simple and easy to use. Going through various phases in the transaction of a property are now simple, convenient and data driven for all clients.
These phases include:
● Identification of properties
● Virtual property tours
● Document verification
● Digital negotiation
● Booking and token advance payments
● Registration of a property.
There are several innovative products coming up the Indiassetz real estate wealth tech platform which enables clients to quickly exit out of a real estate investment in multiple ways other than just a vanilla model offered on various sites.
Personalization: With Indiassetz AI based personal recommendations are real. Clients can leverage timely insights in the form of portfolio advisory curated exclusively for their own portfolio.
With smart insights, backed by historical and current data, AI powered portfolio advisory will recommend the best way to maximise their real estate wealth.
For example, a few homeowners in Koramangala, Bangalore, might want to give out their properties on a vanilla rental model for upto ₹40k per month, but the AI recommends to put their properties on short term rentals, which will fetch a higher rental income since it is a hotspot for lot of outsiders coming into the city.
Also, the right products are recommended for the timely management of their real estate wealth.
These products include property tax payments, financial assistance during a buying and renting, and other services such as interior, maintenance, and government liaison related products.
Transparent Pricing: With instant valuation, and a proprietary algorithm, Indiassetz are building an exclusive database of properties in top cities in India, where the homeowners are provided with a quick evaluation of their properties powered by AI.
In short, the AI engine of Indiassetz creates a score-card based on the number of details provided.
It takes into consideration the intrinsic values (interiors, architecture design, and other uniqueness), property documentation, along with government guidance values and market listing prices, to give a quick valuation of the current worth of the property.
We at Indiassetz have a view to all these problems of the owner and we have productised the real estate journey to make it easy for everyone. Come be part of our journey of making real estate wealth management intelligent and productive for you.
For those of you who love to know the size of AI in real estate you would be astonished by its size. According to Maximise Market Research the Global Artificial Intelligence (AI) in the Real Estate Market is expected to reach $733 billion by 2027 growing at a CAGR of 35 percent during the forecast period.
Artificial Intelligence has taken the digital revolution further than any other technology. The technology is not just predictive and prescriptive, it is also preemptive. Data science has enabled algorithms to every industry and real estate is also in the forefront of such change.
If you are living in India some of you may believe that AI cannot make any difference in real estate. But at Indiassetz we have enough data to suggest that change is here.
There are some key unique value propositions that real estate wealth management tech is bringing to the market, which is obviously led by AI and Indiassetz has you covered on its real estate wealth management platform.
Portfolio management: A Real Estate Wealth-Tech platform helps clients to seamlessly manage their real estate portfolio with a wealth management perspective and grow their real estate wealth with a simple, professional and a research-based experience.
While there are banks and wealth management companies for managing cash and other asset classes, real estate wealth-tech focuses on the clients to manage and maximise their investments in the real estate asset class.
Here is why real estate wealth management-tech is different.
Most of the available real estate digital solutions focus on a transactional approach (Buy, Sell, Rent). A real estate wealth management-tech platform is a one stop digital solution for all real estate needs, which also includes interiors, maintenance and paperwork.
With a data led, machine learning and AI powered, portfolio management approach homeowners are able to track their whole portfolio value real time with dynamic price changes (like stock prices), pay property taxes in one shot, manage their tenants and rental incomes, and other paperwork like agreements and ownership certificates. These services are so customised that they can be availed at a few simple clicks.
Digital Buy, Sell, Rent (BSR): A real estate wealth management-tech platform creates an entire digital BSR journey, providing a solution to the clients to buy or sell or rent properties from anywhere in the world through uniquely designed digital experience.
While most available solutions only focus on Property Identification (through a listing platform), clients will never see a plethora of properties, a lot of data is dumped on them and they are left to the client to make their choices without any intelligent suggestion.
AI and machine learning create unique journeys, they understand the client very well, including their preferences, personality and goals. Only the perfect matching of properties are recommended for the client through AI.
Enhanced Experience: A state-of-the-art UX/UI eases the experience of real estate for clients by making it as easy as buying and selling stocks on digital platforms. It's just like on the Zerodha platform or just booking a stay on AirBnB.
On Indiassetz verification of documents, e-stamp and e-signing of documents is simple and easy to use. Going through various phases in the transaction of a property are now simple, convenient and data driven for all clients.
These phases include:
● Identification of properties
● Virtual property tours
● Document verification
● Digital negotiation
● Booking and token advance payments
● Registration of a property.
There are several innovative products coming up the Indiassetz real estate wealth tech platform which enables clients to quickly exit out of a real estate investment in multiple ways other than just a vanilla model offered on various sites.
Personalization: With Indiassetz AI based personal recommendations are real. Clients can leverage timely insights in the form of portfolio advisory curated exclusively for their own portfolio.
With smart insights, backed by historical and current data, AI powered portfolio advisory will recommend the best way to maximise their real estate wealth.
For example, a few homeowners in Koramangala, Bangalore, might want to give out their properties on a vanilla rental model for upto ₹40k per month, but the AI recommends to put their properties on short term rentals, which will fetch a higher rental income since it is a hotspot for lot of outsiders coming into the city.
Also, the right products are recommended for the timely management of their real estate wealth.
These products include property tax payments, financial assistance during a buying and renting, and other services such as interior, maintenance, and government liaison related products.
Transparent Pricing: With instant valuation, and a proprietary algorithm, Indiassetz are building an exclusive database of properties in top cities in India, where the homeowners are provided with a quick evaluation of their properties powered by AI.
In short, the AI engine of Indiassetz creates a score-card based on the number of details provided.
It takes into consideration the intrinsic values (interiors, architecture design, and other uniqueness), property documentation, along with government guidance values and market listing prices, to give a quick valuation of the current worth of the property.
We at Indiassetz have a view to all these problems of the owner and we have productised the real estate journey to make it easy for everyone. Come be part of our journey of making real estate wealth management intelligent and productive for you.
For those of you who love to know the size of AI in real estate you would be astonished by its size. According to Maximise Market Research the Global Artificial Intelligence (AI) in the Real Estate Market is expected to reach $733 billion by 2027 growing at a CAGR of 35 percent during the forecast period.
