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Company in the Property Tech field, provides solutions for property valuation from individuals and business experts and also offers technological solution for real-time information on the real estate market.

Summary

Profile Type
  • Technology offer
POD Reference
TOGR20230504011
Term of Validity
12 May 2023 - 11 May 2025
Company's Country
  • Greece
Type of partnership
  • Investment agreement
  • Commercial agreement with technical assistance
Targeted Countries
  • All countries
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General information

Short Summary
The company has implemented an algorithmic process to provide reliable outcomes for the online valuation of residential and business properties in Greece, addressing the owners (individuals or companies) that wishes to receive reliable current valuation of their property. Also, the company has developed a Dashboard that provides real-time information on the real estate market, using a large database that dynamically changes following market trends.
Full Description
The company has implemented an algorithmic process to provide reliable outcomes for the online valuation of residential and business properties in Greece. This tool is usefull for business experts who wish to provide accurate suggestions to their clients for the current value of each property. Also it is usefull for all owners (individuals or companies) that wishes to receive reliable current valuation of their property.
The user completes an application form in order for the valuation to be made. In a few moments a reliable evaluation of the property is provided and the client can also connect with trusted brokers to sell or buy the property.
Also, the company has developed Insights, a dashboard that provides real-time information on the real estate market, using a large database that dynamically changes following market trends. Insights presents information based on facts and benchmarks, with the aim of better informing its user. The service helps industry professionals as well as investors to make data-driven decisions and better manage their portfolio.
Advantages and Innovations
The advantages of this solution is that the clients receive on the spot accurate valuation of the property and therefore are assisted for their decision and price. Also, they can connect with reliable brokers to sell or buy the property in an efficient way.
The innovation proposed is based on the algorithms and big data analytics that lie behind the valuation process, which are based on the knowledge and development of the company. Also a tailor made process has been made in order to upgrade the efficiency and accuracy for the valuation process.
The purpose of the company is to create technological tools and services for the benefit of the real estate industry in Greece initially, and then in countries of Europe and the world. The company, based on its expertise in technology, intends to develop several technological tools that will each perform a separate process for the benefit of the user in relation to the real estate industry. At the same time, the company intends to develop processing and consulting services, utilizing the power and data generated by its tools. All the tools & services that the company intends to develop will make Hobsido a Proptech* one stop shop. *Proptech is a broad term used to describe technological innovations applied to real estate markets with the aim of disrupting traditional methods. In a nutshell, it describes the application of technology to optimize the way stakeholders research, rent, invest, sell and/or manage a property.
Stage of Development
  • Already on the market
Sustainable Development Goals
  • Goal 9: Industry, Innovation and Infrastructure
IPR status
  • No IPR applied

Partner Sought

Expected Role of a Partner
a) The partner could participate in the company, by direct investment, aiming for the expansion of the company's activities in Greece and other targeted markets.
b) The partner could cooperate to expand the application and methodology to foreign markets. Adjustments and customisation should be made for the new market.
Type and Size of Partner
  • SME 50 - 249
  • Big company
Type of partnership
  • Investment agreement
  • Commercial agreement with technical assistance

Dissemination

Technology keywords
  • 01003008 - Data Processing / Data Interchange, Middleware
  • 01003010 - Databases, Database Management, Data Mining
Market keywords
  • 09002002 - Real estate
  • 09003005 - Consulting services
Sector Groups Involved
  • Digital
Targeted countries
  • All countries