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AssetOwl releases tech to revolutionise property inspections

Technology
ASX:AO1      MCAP $1.947M
09 September 2019 22:58 (AEST)

Tech company AssetOwl’s share price has jumped over 28 per cent today after announcing it completed its property management platform, Inspector 360.

Inspector 360 uses a combination of geospatial information systems and virtual reality technology to deliver a rent inspection program.

Tenants, property managers and landlords are able to document the condition of the property throughout a tenancy and when tenants move in and out.

Chairman of AssetOwl, Simon Trevisan said the platform has the potential to “revolutionise the way house inspections are done”.

A speech-to-text function is available, which can record verbal descriptions of the residence and include it into a property report.

The platform is being used by the global real estate company RE/MAX’s WA branch. According to the company, this gives the app access to 120,000 agents across more than 100 countries and territories.

RE/MAX WA will triall Inspector 360 for one month, and if successful will promote it to its other offices around the country.

The photo-centric property management platform can be downloaded on mobile and tablet devices from the App Store and Google Play.

AssetOwl is currently working on refining the user experience of the app.

AssetOwl’s share price is up 28.57 per cent today, currently sitting at $0.0090 apiece, as of AEST 10:51 am.

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