With Scoperty, Germany will have a new marketplace for the purchase and sale of real estate. The Zurich-based company PriceHubble supplies key product and technology components as one of the strategic partners alongside ING Ventures and Sprengnetter. This is an important milestone for PriceHubbles and its expansion into the German market. Scoperty is currently in a test phase with a focus on the Nuremberg region. The platform is expected to be available throughout Germany before the end of 2019.
The aim of the joint venture based in Munich is to use Big Data and artificial intelligence to create a new quality of information for residential real estate transactions. The approach: For the first time, interested parties can view estimated prices for all residential properties in Germany, which are calculated on the basis of algorithms. A further feature: on Scoperty, interested parties can even place bids on properties that are not yet for sale. In the future, end customers will have a unique transparency on properties and will be able to make purchases and sales on the basis of new and better information. PriceHubble brings essential technological and digital product competencies to the joint venture. For the startup, which was only founded in Switzerland in 2016 and already became internationally active in France in 2017, the joint launch of Scoperty is an important step and cornerstone of the very dynamic expansion into the German market. "We are delighted to have secured an important growth pillar for PriceHubble in Germany just three years after PriceHubble was founded in Switzerland and one year after entering the German market," said Dr. Stefan Heitmann, Chairman of the Board of Directors and founder of PriceHubble.
Scoperty is in a testing phase and currently available for the region of Nuremberg. More information can be found at http://www.scoperty.de/ .