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The client faces challenges related to data reliability, accuracy, security, and transparency in real estate transactions. Current processes rely heavily on paper documentation, leading to costly and time-consuming procedures, potential for fraud, and difficulties in maintaining a single source of truth for property information. Maintaining data integrity across multiple stakeholders (banks, insurers, lawyers, agents) is a significant concern. The lack of a unified, immutable record creates inefficiencies and mistrust.
A well-established, leading US full-service real estate agency with a strong history and a forward-thinking approach to technology, seeking to modernize its property management processes and expand its service offerings.
This project is expected to drive a 20% increase in sales revenue within the first year of implementation by reducing intermediary costs, improving transparency, and attracting new clients. The enhanced platform will streamline real estate processes, improve data accuracy, and increase client trust, solidifying the client’s position as an industry leader. The PaaS offering will expand market reach and create new revenue streams.