Collider's new AI predictive algorithms and “virtual deal closing” technology will transform the real estate industry the way we know it today.
NEW YORK (PRWEB) March 15, 2018
Unveiling a "game-changing" product, startup Collider is bringing the Artificial Intelligence (AI) and blockchain revolution into the $300 billion property transactions industry. It today announced successfully raising seed capital of an undisclosed amount. Colliders' patent-pending predictive layered algorithms fully replace human real estate brokers and automate matching sellers directly with the most likely buyers, guide them through transactions and allow for encrypted virtual deal closing.
Collider is based on 18 months of patterns analysis of 1.2 million historic New York property transactions data points. While it will initially focus on New York, Collider plans expansion throughout the U.S. and internationally. It will also shift to blockchain-based instant transactions and unveil the first real estate “asset exchange” with real-time value indices based on the U.S. dollar and major crypto currencies.
"Revolutionize the Industry" Through AI and Blockchain
"It's mindboggling that technologies to get a cab are much more advanced, smooth and user friendly than any software for professional real estate investors involved in multi-million dollar property transactions," said Collider's CEO and Co-Founder Nataliya Stelmakh, former Director of Capital Markets at DTZ and Colliers International. "Collider's new AI and “virtual deal closing” technology will truly benefit all industry participants. As a seller you get instant free market valuation. At a low flat 0.5% commission rate, the system matches you with the most likely buyers, provides viewings scheduling, purchase offers comparison dashboards -- an inferior version of which you can get only by hiring a top real estate broker on an exclusive basis," adds Elena Borokhovich, the 2nd Co-Founder who has 17 years of development and asset management experience.
She continued: "For buyers, Collider is programmed not to spam you with deals that are outside of your preferred ecosystem or significantly overpriced. Its advanced algorithms easily orchestrate processes for all your ongoing bids/transactions, match you with lenders, insurance and title companies; and provide post-deal portfolio management. Developers will have first-of-its-kind 3D buildings visualization, construction costs and terms estimates, and contractor e-Tendering platform."
Extensive R&D Process Behind Collider's AI Product
Before launching its new technology, Collider first obtained feedback from active developers, real estate investors, architects and lawyers. This allowed the team to conceptualize and build a product explicitly tailored to help professional real estate investors and developers resolve market inefficiencies and inaccuracies.
Contact: Natalia Stelmakh