Velaro: Co-Pilot For Real Estate Appraisal
Our client is a renowned publishing company that have been successfully providing domain specific, high-quality content for dedicated target groups for decades.
The Challenge

Our client is a renowned publishing company that have been successfully providing domain specific, high-quality content for dedicated target groups for decades. Since high-quality content has experienced devaluation due to the unlimited amount of free, commoditized content accessible across the internet, the top management decided to discover new business and growth opportunities by combining state-of-the-art AI technology with their existing products and assets. Together, we started with nothing but a courageous target to not just monetize data but to build entirely new customer experiences that eventually comprise a future-proof and profitable product and business.

Our client is a renowned publishing company that have been successfully providing domain specific, high-quality content for dedicated target groups for decades. Since high-quality content has experienced devaluation due to the unlimited amount of free, commoditized content accessible across the internet, the top management decided to discover new business and growth opportunities by combining state-of-the-art AI technology with their existing products and assets. Together, we started with nothing but a courageous target to not just monetize data but to build entirely new customer experiences that eventually comprise a future-proof and profitable product and business.

The Solution

The valuation process for real estate is heavily regulated in Germany involving many manual, bureaucratic, and time-consuming tasks. To achieve tremendous gains in efficiency along the entire journey from visiting properties to the generation of the final appraisal, we build a full-stack application for multiple devices covering the daily workflow end-to-end. Our attention focused focused on two main success factors:Creating a unique and “natural” user experience between humans and AI enabling. Both seamless interaction and controllability by keeping humans in the loop had high priority.Training and orchestrating multi-modal AI models comprising the core of our product. These models take care of many complex tasks from analyzing data, extracting information from audio, video and images, reasoning over unstructured text, summarization, clustering and transferring data into actual real estate appraisals.More information about the solution can be found here

Natural User Experience

Creating a unique and “natural” user experience between humans and AI enabling. Both seamless interaction and controllability by keeping humans in the loop had high priority.Training and orchestrating multi-modal AI models comprising the core of our product. These models take care of many complex tasks from analyzing data, extracting information from audio, video and images, reasoning over unstructured text, summarization, clustering and transferring data into actual real estate appraisals.More information about the solution can be found here

AI Tech Stack

• OpenAI Large Language Models (early stage)

• Fine-tuned open-source LLMs (later stage)

• Azure OpenAI model deployments within GDPR region

• AWS Sagemaker for deployment and inference of open-source models

• Llava 1.6 for multi modal featuresWhisper for audio processing