A new artificial intelligence (AI) powered property website believes it is offering a more desirable portal for investors and landlords than online real estate platform and property websites, Rightmove and Zoopla.
One & Only Pro’s sole goal is to help investors and landlords find the ‘very best deals’ which they feel differentiates itself from websites that are solely designed for conventional buyers.
The digital site was launched last year following two years of development to fine-tune its services.
The AI portal claims to have over 100,000 opportunities for would-be investors and landlords, and almost a staggering 7,000 of which are below market value.
It also claims to have almost 13,000 listings yielding higher than 7%.
Henri Sant-Cassia, the new website’s chief executive said: “Sites like Rightmove and Zoopla are fantastic at helping home movers to find their next property but they’re not as useful for investors aiming to unearth a gem”
“This is predominantly down to a lack of investment information – data which we provide for our users. Unlike traditional portals which can be used to search databases and filter listings, our technology uses an algorithm to score each property opportunity from 1 to 10 depending on its growth and profitability potential.
“As the rental sector has boomed and the need for landlords to provide homes continues to rise, investors have been crying out for a platform like One & Only Pro which allows them to make informed decisions quickly, with all the information they need at their fingertips.”
Anyone can browse the site for free at their leisure but starts charging those users who want to access the data and information a small monthly subscription fee. They also offer help to new investors by supporting them in their decision making so they can operate like a ‘professional’ in the investment property marketplace.
The AI intelligence powered website has greatly improved its listing and now boasts a yield and mortgage calculator along with delivering investment analysis.
Henri Sant-Cassia continues: “All investors need to know how much they’re going to spend and how much they can expect to make. We therefore want to provide all this information in one place, so they can spend more time weighing up the pros and cons of a particular opportunity, rather than getting bogged down in working out the financials.”
The site uses Land Registry data to detail price rises and average asking prices and uses AI to give each listing a score out of 10.
Sant-Cassia concludes: “We’re extremely confident in our technology, so we want to show investors that our algorithm is successful in identifying the most profitable property opportunities.”
Firms now recognise that by not investing in technology will hinder their ability to compete in today’s legal market.
As a Conveyancer, what do you think of this new AI property portal? Have you implemented AI in your systems?
