Real Estate Valuation Algorithm
Problem and implemented solution
Residential real estate is one of the largest asset classes, but still remains one of the least liquid due to Price uncertainity, complicated sale process and uncertain timelines. We at Proho, provide sellers with quick cash offers using advanced algorithms to evaluate homes. We then acquire, refurbish, and sell the properties through our broad network of brokers and direct customers.
Nomination
Artificial Intelligence And Digital Services
Topic
Artificial intelligence
Estimated duration of implementation
1.5 Years
Implementation geography
Delhi NCR, India
Description of competitive advantages
We use advanced algorithms to evaluate properties, allowing us to determine the price and make quick offers to sellers accurately. Our AI valuation algorithm gives us a competitive advantage in India as very few companies are working on this model.
List of awards and prizes, media articles about the organization/individual or the Practice
N.A.
List of scientific works and IP connected with the Practice
N.A.
