While commercial real estate assets are one of the largest global asset groups, the CRE industry has been slow to innovate its core business processes. Today, commercial brokers struggle with challenges such as disparate and antiquated technology, data sharing, inefficient cash flow management and real-time performance data, to name a few.
AgentMile aims to transform this $3385 trillion industry1 by introducing the first decentralized CRE leasing platform powered by artificial intelligence (AI). We have identified a combination of robust software features underpinned by blockchain technology as being the most efficient solution to the challenges faced by the industry:
Smart and efficient property search via a blockchain multiple listing service (MLS);
Digital identities of people and properties on the blockchain to facilitate due diligence checks;
Smart Contracts to simplify property/cash flow management and reduce transaction dependency;
Industry benchmarks and data open for all, yet incorruptible and not subject to commoditization;
AI for better decision-making;
Immutable reviews, ratings and much more.