30 Emerging Companies to watch 2020
Real estate is one of the oldest industries in the nation and purchasing a home is often the largest financial decision a person will make in their lifetime. While most other business sectors have leveraged new technologies to derive actionable intelligence from their data, the real estate industry has been left behind. Taking this into account, TopHap focused on solving this problem and quickly established itself as the leading, data-driven real estate analytics solution in the proptech space. TopHap utilizes machine learning (ML) and artificial intelligence (AI) to visualize residential real estate market trends, conditions, and neighborhood characteristics. Simply put, they pull the curtain back on everything that makes real estate worth what it’s worth.
We had a detailed conversation with Anton Danilovich, the Co-founder and CEO of TopHap to get the company’s insights.
Kindly Explain, What is TopHap?
TopHap is a real estate market intelligence platform that makes investor-grade analytics tools accessible to everyone. While other platforms focus on property search, we focus on research. We offer the most user-friendly and accurate way to evaluate and compare real estate opportunities utilizing our highly intuitive visual interface.
How do you utilize machine learning in your product?
We have compiled the most comprehensive collection of public and proprietary data ever to be integrated into one real estate platform. We then apply state of the art machine learning and visualization techniques to deliver the most robust and accurate real estate assessment tools in the industry.
We combine residential real estate data with macro-economic, environmental, geographic, census, construction, commercial data, and much more to derive insights and correlations that power our valuation engine and market assessment tools. This enables TopHap users to understand the conditions that drive their own real estate buying and selling decisions. With the integration of these different data sets, we are able to derive the attributes that have driven historical value and forecast attributes that will drive future value.
What are TopHap’s beliefs?
We at TopHap believe it’s time for the real estate industry to evolve and embrace the technological advances we have seen in so many other industries. Every business is increasingly powered by data and analytics. We believe the real estate industry requires the same. The scale and importance of a real estate decision is profound, and the industry needs to harness the power of modern data analytics to meet the growing needs and expectations of our clients. We have an abundance of real estate related data all around us, but too little is used in our real estate decision-making process because it’s inaccessible or hard to interpret. We believe real estate professionals and consumers deserve a truly innovative set of research and analysis tools. We can help people remove the guesswork and greatly improve the quality of their analysis so they can make better real estate decisions. If we do this,we can unlock the transparency and trust our industry needs and deserves.
Who can benefit from TopHap?
Real Estate Agents: Become an expert in any territory with the power of data and analytics at your fingertips to be a trusted partner to clients, and win more business.
Real Estate Brokers: Empower your agents with investor-grade analytics tools that enable them to win more business and drive revenue for the company.
Investors: Our enterprise-level tools allow you to deeply evaluate opportunities and make confident investment decisions about where your money will generate the highest returns in the ever-changing markets.
Builders: Identify hot markets and what the trends and preferences are in those regions so you can build a product that will bring top dollar and that buyers will love.
Buyers: Quickly understand what homes are really worth in any market to gain confidence in what to buy, where to buy, and when to buy it.
Sellers: See what is really driving trends in your area so you can maximize the timing, positioning, and pricing of your home.
Why should your customers pick you over others? What is unique about TopHap?
What makes TopHap different from the existing online real estate platforms is that they all focus on search, while we focus on research. Their value is promoting properties while our value is providing data-driven market insights. Real estate analysis tools of this depth simply do not exist and there isn’t another product like TopHap!
“Most other products in this industry are either just home search tools or market report services. We are finally bringing true analytics to real estate data,” said Dennis Khvostionov, TopHap’s CTO and Co-founder. “We use modern machine learning and data processing techniques to provide a way to dynamically evaluate properties, neighborhoods, and even trends so that people can have deep confidence in their evaluation of a property.”
Visit www.TopHap.com for more information.
Anton Danilovich is the CEO and Co-founder of TopHap. Anton has been a leader in the real estate industry for nearly 20 years and has earned accolades as the nation’s top 1.5% producing agent. He has set multiple records for Bay Area sales, built a leading brokerage team, developed properties, built homes, and is a member of the Forbes Real Estate Council.
Anton first noticed a critical gap in data-driven real estate analysis while servicing both his clients and his own real estate investment portfolios. The complete lack of tools in the industry to deliver trusted analytics and advice to clients inspired Anton to build a platform that empowers the entire real estate community to make investor-grade real estate decisions.
Anton co-founded TopHap Inc., a comprehensive data and analytics platform for real estate professionals to provide buyers and sellers confidence in one of the largest decisions of their lives—the purchase and sale of their home. TopHap was founded in 2018 and has already been included in Inman’s 10 Tech Products We Loved in 2019, was recognized on HousingWire’s Tech100 List, and was given a five-star review and praised as the most compelling, everyday business-decision tool by Inman Real Estate News.
“After all, markets touch, and like the properties of thermal conduction, values spread through direct contact, and TopHap puts you in the middle of all that market energy,” Craig C. Rowe, Inman.