Canadian ‘property tech’ platform is the new starting point for real estate buyers, sellers and investors
VANCOUVER, British Columbia–(BUSINESS WIRE)–#proptech–British Columbians can now research and buy and sell property on the most comprehensive online real estate tool in Canada as honestdoor.com launches in Vancouver and across B.C. today.
Home and commercial property buyers and sellers in B.C. can check for free, in-depth information about almost every property in the province, including last sold price, assessed price history, HonestDoor Price estimate, permit data, transaction data, key home features and neighbourhood growth rates.
For those looking to list their property, HonestDoor has that covered, too, with its recently launched Listing Service. The service is proving popular with home and commercial property owners looking to sell without an agent and agents looking to sell prior to posting on real estate boards. As well, builders and developers are welcome to list their properties for sale.
“We are excited to bring to B.C. residents the easiest way to access all the information they need to make the best decisions about keeping, selling or buying a home, and now transacting a sale or purchase on their own,” said Dan Belostotsky, HonestDoor founder and CEO. “Our mission is to provide free and instant real estate transparency to everyone, then to provide analytics and predictions to help people with their decision-making.”
HonestDoor’s ‘big data’ and machine learning tech drives new wave of deep analytics
The platform captures detailed data on complete sold prices, property transaction history, permits and zoning, assessed prices, neighbourhood growth rates and other characteristics specific to each property. The HonestDoor price, an estimate, is then determined by using advanced statistical and machine learning methods based on a proprietary formula.
Originally launched in Alberta in 2019, and operating in Manitoba and now B.C., HonestDoor is preparing to expand to Ontario, Quebec and the Maritimes.
HonestDoor raised $500,000 from some of Western Canada’s top investors. Founder and CEO, Dan Belostotsky, is currently a venture partner at Panache Ventures and founder of Otto Capital, a boutique investment firm that focuses on tech and real estate start-ups.
Using “big data” and AI, honestdoor.com is your real estate starting point. Based in Edmonton, Alberta, HonestDoor is the only free source for sold prices of real estate and real-time price estimates in Canada. The company’s mission is to help consumers across Canada make the best real estate decisions with up-to-date, accurate information about residential and commercial property pricing.
For more information about HonestDoor, visit honestdoor.com.
Background: HonestDoor launch news release – May 28, 2019