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ITANDI Launches an Advanced Real Estate Valuation System

ITANDI Co., Ltd. has officially announced the launch of its new real estate valuation system, ITANDI Valuation, targeted towards real estate brokerage companies starting from April 2025. This innovative tool leverages artificial intelligence to calculate property estimates based on comparable data from the vicinity, allowing brokers to provide accurate valuation figures to their clients swiftly and confidently.

Overview of the Challenges in Real Estate Valuation

Determining the correct value of real estate properties is complex, as the price varies significantly based on numerous factors, including the property's age, size, and proximity to amenities. Often, brokerage firms find themselves spending essential time gathering and analyzing vast amounts of data to provide an accurate estimate. This lengthy process not only delays transactions but can also hinder the brokers' ability to set competitive and fair prices.

Streamlined Valuation Process

With the new ITANDI Valuation system, brokers only need to input basic property details. The AI-powered valuation engine then extracts data from similar property cases, analyzing various factors like age, floor level, and other relevant criteria to produce a highly accurate estimate. The system outputs a detailed valuation report that includes the rationale behind the assessed value, citing relevant comparable cases, thereby empowering brokers to explain the valuation to property sellers with confidence and clarity.

Enhanced Data Accessibility and Quality

In addition to core valuation features, the system incorporates information such as hazard maps, nearby facilities, and regional market trends. These supplementary materials will ensure brokers can deliver high-quality valuation reports promptly. By significantly reducing the time needed to create these documents, brokerage firms can reallocate resources to enhance other aspects of their operations, ultimately improving client interactions and providing peace of mind to sellers.

Consolidated Access Through ITANDI BB

The ITANDI Valuation service will be accessible via accounts from ITANDI BB, which is already utilized by approximately 90,000 brokerage offices. This integration allows users to log in seamlessly without managing multiple systems, thereby reducing administrative burdens and streamlining workflows.

ITANDI's Mission

ITANDI aims to transform the real estate industry and its associated fields by leveraging technology to deliver safer and more efficient services for all stakeholders involved, including property sellers and tenants. The company positions itself as an infrastructure provider within the real estate tech sector by addressing industry challenges head-on.

Inquiries for Real Estate Companies

For those interested in the ITANDI Valuation service, further information can be accessed at: ITANDI Valuation Inquiry

Functionality Demonstration Video

To showcase the capabilities of the ITANDI Valuation system, a demonstration video is available here: Watch the Video

ITANDI Co., Ltd. is committed to defending and enhancing the efficiency of real estate transactions through digital solutions. The company's main operations include the electronic application process, which sees about 1.07 million submissions annually, and approximately 300,000 electronic contracts processed each year. Through digitalization, ITANDI has successfully eliminated around 11.35 million sheets of paper annually, showcasing its commitment to real estate industry transformation.

For more details, visit: ITANDI Website

Founded in June 2012, ITANDI, under the leadership of CEO Akihiro Nagashima, is headquartered in the Sumitomo Realty & Development Roppongi Grand Tower, Tokyo. Its mission is to simplify real estate transactions through technology and continues to play a significant role in advancing digital solutions in the sector.