Dynamic pricing for residential real estate
Leverage data science to dynamically price your residential real estate to increase profit.
Pricing your residential units in Excel is the old way. By leveraging BuiltMind’s AI dynamic pricing model, you gain an upper hand over your competitors.
Maximize the profit
Our Artificial Intelligence model monitors over 100 parameters such as the complex location variables, the quality of the layouts, or the competitors’ supply and examines the effects of combinations of these – such as what is the effect of a specific amenity in a specific location to dynamically price your residential units.
Leverage quality data
Real estate is a complex world and hence you’re required to work with multiple data sources – data from your company as well as from the market. By providing you with and aggregating these different data sources, you’re able to make informed data-driven decisions getting rid of the previous intuition-based approach.
React in real-time
In the ever-changing real estate market, the situation can change from day to day. To change the price list you previously needed to go through a lengthy spreadsheet analysis. Now you can react to your construction updates, the news from the competing projects, or the changes in the macroeconomic indicators in real-time in our web app.
Every manually created price list is naturally prone to errors. In the real estate industry, every mistake can lead to large consequences. BuiltMind’s AI model automatically learns from the past to continuously improve performance.
Real estate developers are losing up to 8% of profit by incorrectly setting sales price and selling different unit layouts at uneven speeds.
Capture your lost profit with BuiltMind