September 30, 2020, by Colin McClelland
A Canadian real estate agency, Properly.ca is betting on artificial intelligence to alleviate the stress of buying a new home before selling an existing one.
Properly uses computer models and market analysis to determine equity values, which can be combined with mortgage offers from Canadaâ€™s large five banks including special rates with the Canadian Imperial Bank of Commerce for purchasing your next home while youâ€™re still in your current one. Then, it offers staging and handyman tweaks for selling it, all for a 5 percent commission, the industry standard.
â€œThe process of buying and selling a home has remained complicated and stressful and uncertain and we donâ€™t believe that should be the case,â€ CEO and President, Anshul Ruparell said.Thereâ€™s an opportunity for us at the same price youâ€™d work with a traditional agent to provide this additional value service and do so profitably.â€
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