REALas
Melbourne
About REALas
REALas provides Australia's most accurate price predictions on properties listed for sale. This includes auctions and private sales. Nationally, on average we've predicted within 5% of the sale price over the past 12 months. Visit https://REALas.com REALas started with a conversation between friends who were determined to give buyers more realistic price predictions to guide their bids at auctions or offers at private sales. In 2011, we set out to develop the smartest property price prediction service in Australia. An international search led us to some incredibly talented data scientists, right here in Australia, at RMIT University. Using the latest research in data science, lots of property data, local market knowledge from property experts, and input from buyers - we developed our proprietary algorithm. And so, REALas was born. Fast forward to today, REALas has been rigorously tested across the Australian market. Nationally, on average we’ve predicted within 5% of the sale price over the 12 month period beginning Sep 16 to Aug 17. And we have not stopped there. Our algorithm continues to adapt as the market changes. In 2016, ANZ acquired REALas so we can continue in our pursuit to provide the most accurate predictions in the Australian property market, and supports us in the work we do from afar. REALas will continue to keep it real for property buyers so they don’t waste their time out there.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $443.0K
- Funding stage: M&A
- Last round: Grant (Nov 2014)
- Website: realas.com
- Phone: [email protected]
Industries & Categories
Real Estate
Social Profiles
Canonical: https://fsome.com/organization/realas-2209918 · For the full interactive profile (charts, investors, team, acquisitions, press), please enable JavaScript.