Search Acumen - REI
About Search Acumen - REI
- Sector:
- Property & Facilities
- Company size:
- 11-50
Since its founding in 2013, Search Acumen has led the way in the PropTech industry, committed to using innovative technology to improve its services.
Their partnership with Geeks has been a cornerstone of this journey, centred around a shared belief in the potential of software and AI to reshape how businesses operate. This collaboration has produced numerous advancements, including a platform that offers immediate access to data from various local authorities, streamlining workflows for conveyancers and property lawyers.
Additionally, their AI Inbox Coordinator, Robbie, has dramatically reduced manual workloads by 87% since its launch three years ago, highlighting how AI can make a real difference in daily operations.
The challenge
Search Acumen faced a significant challenge with the unstandardised data from over 340 local authorities across the UK. Conveyancers found themselves stuck in a tedious process of manually reviewing lengthy PDF documents to extract relevant information.
This not only slowed down transactions but also created inefficiencies for clients dealing with large property portfolios. Recognising the potential for improvement, Search Acumen set out to simplify and standardise the data handling process, making it quicker and more reliable.
The solution
In a proactive move, Search Acumen developed REI: Real Estate Intelligence, a tool designed to automate and standardise the analysis of local authority data. Built on years of experience, REI aims to enhance the property law sector by reading complex reports, summarising key insights, and flagging important items that need attention.
Users can interact directly with the reports, streamlining the process and making it easier to find the information they need without wading through pages of documentation.
The impact
REI marks a significant advancement in how local authority data is handled in the UK, becoming the first of its kind on the market.
Clients of Search Acumen are experiencing substantial time savings and reduced manual effort, leading to a lower risk of errors in their processes. This efficiency translates into greater capacity for law firms, allowing them to handle larger portfolios and provide quicker, more accurate services to their clients.
For Search Acumen, REI not only enhances their offerings but also opens new revenue streams, further solidifying their role as an industry innovator.
With the introduction of REI, Search Acumen is poised to continue shaping the future of property law. Their commitment to innovation raises the question: what will they accomplish next? Stay tuned for the next chapter in their journey!
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