Honely Partners With Neozips To Bring A Digital U.S. Real Es...| MENAFN.COM

Tuesday, 07 February 2023 05:22 GMT

Honely Partners With Neozips To Bring A Digital U.S. Real Estate Investing Tool To The Korean Markets


(MENAFN- iCrowdNewsWire)

Honelyis
excited
to
announce
the
start
of
a
new
partnership
with
NeoZips,
an
Irvine
startup that provides Korea-based clientele an end-to-end service for investing in
American real estate.





NeoZips.


NeoZips and Honely enter into a strategic agreement.


Honely
will provide important analytics to help fuel
NeoZips'
robust, digital“property management system.” Its purpose is to provide a way for
NeoZips' clients to monitor the economic status of their current investments and to potentially locate new investment opportunities.
Honely
uses
advanced
AI
and
machine learning
models
to
produce
accurate, predictive analytics for the entirety of the U.S. residential real estate market.


Using
Honely's
AVM,
NeoZips
will be able to instantly show its clients what their investment property is worth today, whether the home is on or off market. Other popular
AVMs struggle to accurately estimate a home's value when it's off market because they heavily rely on listing prices.
Honely's
model's accuracy is more consistent as they weigh thousands of data points outside of the property's features and listing price, such as macroeconomic indicators and real estate indices.
Accurate home-value estimates for off-market homes are critical for
NeoZips
as many
of
their
clients already
own
one
or
more
investment
properties.
Armed
with
accurate AVM data, investors can make a wiser decision on whether they should sell their property now or continue to hold.

NeoZips
also
plans
to
leverage
Honely's
innovative
future-value
data.
Honely
is
able
to
estimate what a home will be worth anywhere from 3 months to 3 years into the future. This unique data will allow for
NeoZips
clients to remain ahead of the curve when it comes to future market changes. Through its“property management system,”
NeoZips
investors will be able to monitor the rolling changes to their investment property's value by simply searching its address, similar to
how
a
stock investor
is
able
to
view
the
changes to
a
stock's
value
by
searching
the
ticker
via a mobile application.
Honely's
future value estimates are available on over 100 million homes and will also be used to help investors locate neighborhoods and properties that are primed for growth.

Through teaming up with
Honely,
NeoZips
proves its commitment to keeping their clients informed
and
involved
with
their
investments.
NeoZips'
digital“property
management
system” will become available to its clients by February of 2023. It will serve as a first-of-its-kind and innovative platform for real estate investing.

Honely Media Contact:

Scot Eisenfelder

9544252056

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