Lisa Claes, CEO
PropTech is expanding, and it is poised to disrupt the real estate industry by altering customer’s perceptions of property investments. Buyers and investors may see several properties without leaving their homes kudos to the new tech-enabled platforms. Due to the sheer ever-changing digital landscape and new consumption patterns, these platforms are providing value by taking on the real estate market to improve it. PropTech has grown in popularity and demand since COVID-19. With the growing need for tech-enabled real estate platforms, several technologies such as artificial intelligence (AI), machine learning, and robotic process automation (RPA) are expected to gain traction in 2021. In real time, such technologies offer a systematic and complete examination of a wide range of properties. Keeping up with the latest trends and developing various solutions for real estate is CoreLogic; a PropTech company that uses sophisticated analytical technology, and are constantly exploring consumer behavior to deliver the best customer experience.
CoreLogic provides a significant property data and analytics based on the understanding that behind every property choice are individuals, families, and communities seeking to build better lives for themselves and their loved ones. Across Australia and New Zealand, the firm gathers comprehensive property information from over 4.5 billion data points. It rinses, validates, and finesses the data in order to provide rich, useful insights to its clients.
With over five decades of experience in major property markets across the world, CoreLogic can help remove the guesswork from property choices regardless of where the parties involved are located. Adding to the bargain, the company offers a wide range of platforms and applications for property and strata management through its online shop.
As the real estate industry's most comprehensive source of property data, the company delivers extremely specialized solutions that give insights to property and the region in which it is located, allowing clients to quickly acquire new property management listings and leases.
The company provides an extensive data collection of over 50 distinct housing market health and performance metrics broken down by homes and units for every single area and post code in the nation. One of the most extensive sets of aggregated property market information is Market Trends. Data is provided down to a suburb level and provides insights into local area performance and trends.
The company offers 24/7 access to property records and valuations, as well as a comprehensive market insights and customized searching and reporting, with the RP Data Pro mobile application. In an increasingly fast-paced and competitive world, RP Data Pro enables clients to make their businesses truly mobile, enhancing efficiency and responsiveness. Users can research the market, develop and send reports in between meetings, and reply to inquiries promptly from any location. As a result, it’s an optimal choice for users to gain more business and demonstrate their local knowledge even when they are away from their desk. This software is available for both iOS and Android making it easily accessible.
Owing to the fact that every year, approximately 6% of residential homes in Australia are put on the market, sold, or rented. To this end, CoreLogic offers the Property Monitor solution, through which clients can improve existing consumer targeting tactics by receiving timely property transaction alerts. Clients can also keep track of customer books as they change over time, or target properties across Australia. The user can choose how often they want to receive notifications, ensuring that the information has been used to its full potential by the company.
Adding on to the competencies of CoreLogic solutions, the company also offers RP data professional automated valuation model (AVM) reports and rents. Property estimates are provided by the AVMs for the purposes of purchasing, selling, and financing. Finding out the approximate worth of a home in a suburb, as well as recent property transactions in the region and data about the suburb. Understanding the worth of a property allows for better client expectations management. Furthermore, the rental AVMs are a valuable tool for understanding a property's anticipated rent, yield, and worth. They are meant to aid lenders with mortgage servicing calculations and rental value verification on investor loans, as well as investors and agents offer consistent rental price estimates. With a strong value proposition in place, CoreLogic is all set to stay ahead of the curve by continually reinventing and enhancing its product line.