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PROPTECH-X : News Roundup – Seven Days of Articles & Analysis

Agora promotes four & hires Yadin as VP of Sales  

Agora, an innovative real estate investment management platform based in New York City and Tel Aviv, today announced that it has hired Yosi Yadin as its new VP of Sales and promoted four other key personnel to new roles. The company recently closed a $34 million Series B funding round, was named the Best FinTech Solution of 2024 at the SIIA CODiE Awards, and acquired Clearshift’s real estate division.

“Agora’s recent strategic hires and promotions are a clear indication of our commitment to growth. Leveraging the support from our latest funding, we are expanding our team and enhancing our capabilities to meet the evolving needs of our clients and the industry,” stated Bar Mor, Co-Founder and Chief Executive Officer of Agora. “The addition of experienced leaders like Yosi Yadin is a crucial step in our journey to remain at the forefront of real estate investment management.”

Yosi Yadin joins Agora as the company’s new VP of Sales, bringing 23 years of experience in the software and services industry. Most recently, Yosi served as VP of Sales at JFrog and has worked with several enterprise vendors, including NICE Systems, SAP, HP, and Comverse Technology. Yosi’s expertise in building and growing sales A-Teams and executing business strategy and product go-to-market plans will be instrumental in strengthening Agora’s foundations for future growth and expansion in the real estate investment market.

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Recommendation System in Real Estate: How to Find Properties Quicker

Yana Yarotska from Ascendix gives her considered view on the topic, ‘While AI real estate recommendations sound like an easy and all-mighty solution, there are still some challenges that must be considered before integrating this tool into your business.

Data Quality. The success of the AI recommendation engine for real estate fully depends on the quality of the data the model is trained with. Real estate data can be complex and heterogeneous, and may include various unstructured elements like property features, market trends, user preferences, and transaction history. Cleaning, standardizing, and verifying this data’s accuracy may be challenging, but it is essential for getting a high-quality tool.

Data Quantity. The quantity of data defines how well the AI model will be trained and ultimately how relevant the results of AI property search will be. Real estate businesses must have vast amounts of data to be able to train their own model. Acquiring and managing large datasets from multiple sources while ensuring the data is valid, actual, relevant, and up to date can be challenging. Also, scaling the system to handle increasing data quantities efficiently may present another issue. Therefore, only big marketplaces and firms with a lot of resources would be able to get the best property recommendations.

Privacy and Security. Handling sensitive user data and ensuring data privacy and security are particularly important in an AI based recommendation system. Real estate transactions involve personal information, financial details, and property preferences, meaning businesses must have top-notch privacy measures and compliance with data protection regulations. Safeguarding against data breaches and unauthorized access is critical in implementing AI recommendation systems.

ML and AI Expertise. Development of a custom AI tool for property recommendations is not the easiest task, and it will require a team of development experts proficient in AI and ML, experienced in machine learning and tailored AI model training. Only a highly skilled team of AI specialists, data scientists, and developers can succeed in building accurate recommendation algorithms, fine-tuning models, addressing bias and fairness issues, and optimizing system performance.

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Smart Spaces developed Landsec Experience app launches

Landsec, one of the UK’s leading commercial real estate companies, is launching an optimised Landsec Experience app across its entire London portfolio of prime workplaces using Smart Spaces’ smart building OS.

The new app is designed to help people who work in Landsec’s buildings get the most from their time in and around their offices. In addition to digital access control, it provides office customers with access to a range of personalised experiences, events and discounts along with the latest information about their workplaces, through their smartphones and smartwatches. 

The app also integrates with Landsec’s flexible office brand – Myo – allowing Landsec customers to book meeting rooms and events spaces through the app in Piccadilly, The City of London, Southbank and Victoria. In line with Landsec’s wider focus on leveraging data and insights to improve customer experiences, the app will also enable two-way consumer feedback for Landsec with customer surveys to better understand how its buildings are being used and any opportunities for its services to be enhanced.

Smartphone access to buildings is now ‘live’

The Landsec Experience app will also provide contactless entry for customers, aligned with Landsec’s strategy to deliver digital-led solutions which enhance guest experience. At all London locations, access credentials can now be stored in digital wallets to make this a seamless experience.  

To facilitate this, Landsec has optimised the technology throughout its spaces with upgraded doors readers in many buildings, as well as implementing HID Mobile Access. This makes it straightforward to deal with all the licensing and credential management for tenants and visitors, as well as setting building access rights which is now all done quickly and remotely.

Oliver Knight, Head of Workplace at Landsec said: “Alongside our exciting plans to activate our places and buildings, the Landsec Experience app is designed to help the people who work in our spaces get the most out of their time in and around the office. By launching this optimised Landsec Experience app, with even more capabilities, we’re providing a personalised and digital user experience which will enhance the working week for everyone who uses our workplaces.”

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Andrew Stanton’s PROPTECH-X ‘Proptech & Property News’ in association with Estate Agent Networking & News Now publications. #proptech #property #realestate #digitaltransformation #startups

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Andrew Stanton Founder & Editor of 'PROPTECH-X' where his insights, connections, analysis and commentary on proptech and real estate are based on writing 1.3M words annually. Plus meeting 1,000 Proptech founders, critiquing 400 decks and having had 130 clients as CEO of 'PROPTECH-PR', a consultancy for Proptech founders seeking growth and exit strategies. He also acts as an advisory for major global real estate companies on sales, acquisitions, market positioning & operations. With 100K followers & readers, he is the 'Proptech Realestate Influencer.'

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