Seeking Wealth Professionals to Beta Test Properti Edge

Property Edge is a software platform that helps wealth managers provide their clients with better financial outcomes from property ownership with fewer unpleasant surprises.

We have developed several tools that will soon be connected to an AI assistant, and we are seeking feedback from wealth professionals regarding your willingness to use tools like these and how to improve them.

The problem we solve

Property has evolved from a place to live into a major investment asset class, but there's a significant gap in the advice people get about property as an investment. Last year, 60% of property buyers thought they overpaid, and 30% were hit with significant unexpected costs at closing. In Toronto, for example, 80% of new apartment rentals are cashflow negative. While there is a broad view that property is a good investment, people typically don't get good property investment advice.

Also, surveys repeatedly point to Property Advice as an opportunity for Wealth Professionals.

• Capgemini - World Wealth Report 2024 — Value-added services are crucial to win ultra-high-net-worth individuals

• DBS Private Bank - The Family Office Boom — Private Assets 

• Mercer - 2023 Global wealth management investment survey — The appeal of alternative and illiquid investments

• Deloitte - Wealth and Asset Management 4.0 — Wealth management service needs converge across segments

• EY - 2024 Global Wealth Management Industry Report — Create synergies with modular offerings

Our solution

A platform of tools to help Wealth Professionals advise their clients through the investment aspects of residential property ownership, whether clients live in or rent homes.

Current Key Features:

• What can I afford?: An all-in calculator estimates your buying budget, including financing, professional fees, and transaction taxes.

• Find a professional: Local knowledge is important. Get matched with local real estate agents and mortgage brokers.

• Compare mortgages: Mortgages have been designed to be complex, so lenders won’t need to compete on rates alone. Use our tool to compare mortgage offers and estimate the total borrowing, switching, and contract breakage costs.

• Financing Strategy: Leverage can amplify investment returns. Use this tool to identify the financing strategy best suited to your goals and risk appetite.

Upcoming Features:

• AI Assistant: With all the market insights, forecasts, and tools, navigating the end-to-end property journey and taking advantage of everything our platform offers can be a lot. Our AI assistant proactively understands where you are in the journey and your goals and provides exactly what you need when needed.

• Property Financial Returns: Estimate a property's return on investment (ROI), whether it is lived in by the owner or rented. Use this to compare it against other properties and other investment assets.

Our Vision

An AI Advisor that delivers contextually relevant personalized advice to help people make key property investment decisions, anticipate likely cash inflows and outflows, keep on top of the next steps, and provide regular performance updates throughout the end-to-end ownership lifecycle.

It can access historical market and relevant macroeconomic data, insights, risk assessments, forecasts, guides, tools, and calculators to support its recommendations, as well as provide sources and explainability.