Short answer: Jackson Reiter says the platform covers tax information, ownership records and a ten-year pro forma, also available as an Excel plug-in. The white-glove Realm Report goes 10 times deeper, with every source cited.
Watch this answer from Episode 47 (starts at 3:54) · Episode 47 notes and transcript
From Episode 47: AI Agents Doing Commercial Real Estate Due Diligence in Minutes. We Demo It Live., starting at 3:54.
Jackson Reiter [3:53]: So we work with a bunch of different real estate firms, but, for example, I'd say about half of them are real estate investment firms who are looking to buy properties. This platform is great for those analysts on their team who are looking at 10 potential deals a week that need to go through and see if, the math maths, basically. They get, let's say, 10 properties on their desk a week from some managing director and wants them to look through it. This is a way for them to do, instead of taking two months to actually diligence those properties. Our platform allows them to do all 10 of them in a number of hours, sometimes even minutes per property. Everything down to financials. Yeah. So everything from tax information to the ownership record to actually building a full ten year pro forma of financial analysis on that property can all be done in the platform. And, actually, our CTO has a finance background. So he kinda spearheaded a project where we've also launched an Excel plug in version of all this.
Jackson Reiter [4:53]: So you can have all of these dozens of AI agents that can do research on any commercial real estate property in The US directly inside of Excel. Very excited about that. So that's the one half of the company. That's for high volume, great depth, but not really a full due diligence package. The second part of what we do feeds directly off of that. Let's say that same analyst who's using that platform to look at 10 deals a week, finds one that they wanna move forward with. Certainly, there's now more information required to actually get a better look at that. We offer what we call the Realm Report, which is a bit more white glove version of this. Our platform already offers a ton more information in a much more structured and, most importantly, cited way. We give you every source that we pull from so you can go back and check. But what the Realm Report does is it goes 10 times deeper on everything and gives you pretty much a full customized report on the property you're looking into. And that's a one to one client relationship there. We really wanted to make sure that we're aiming towards building Realm into kind of a full stack real estate diligence firm. For every part of the process, we are the node that connects the transaction, that gives you all the information you need to make it happen.
