Thailand-based real estate marketplace FazWaz has launched a new app, initially only for Thailand users, called FazWaz Insights and will give access to real estate data across the country in the palm of your hand.
The new product will be launched on August 11th through an online event led by the classified co-founder Michael Kenner and chief customer office James Corbin-Mckenzie. This 20-minute webinar session will show how the free property tool, that is leveraged on big data across Thailand’s marketplace, can provide immediate access to key metrics.
The reason for the launch of this new app comes from FazWaz consideration that one of the biggest problems in the property industry that moves fast pace is severe data lag. Whether you are a real estate developer, agent, on the investor, having real-time market data is a clear competitive advantage according to the real estate classified.
FazWaz is not new to these innovative products, the real estate classified announced a few months ago the introduction of an automated valuation system for the first time in the Bangkok market. FazWaz had also begun sharing verified listings on two new websites through the Bangkok Post, Property.posttoday.com and Property.bangkokpost.com.
Launched in 2015, FazWaz operates across Asia, Europe and the Americas and currently offers 200,000 homes for sale and rent. Southeast Asia is the company’s main market.
The company’s new property valuation system provides sellers with accurate prices for properties in a market that has historically lacked transparency. The property site also lets buyers virtually view 70% of major projects within central Bangkok from their mobile device or computer.