Understanding Condo & Strata Documents with OctoAI CEO Thomas Beattie

In this episode of Building Wealth Through Real Estate, Nico speaks with Thomas Beattie, CEO of OctoAI, about the Eli Report, a tool designed to simplify and clarify condominium documentation for buyers, realtors, and property managers. Discussed are the report's features, accessibility, and benefits for various stakeholders, including property managers and developers. The conversation also touches on the importance of transparency in the real estate industry and the potential for collaboration with CondoWiz™  to enhance consumer understanding of condominium and other multi-unit residential communities.

Key Takeaways

• The Eli Report simplifies complex condominium documents for buyers.
• OctoAI aims to provide comprehensive insights into condo communities.
• Property managers can use Eli Reports to quickly onboard new properties.
• The report is available for free, with additional features at a cost.
• Eli Reports can be beneficial for developers to benchmark budgets.
• Transparency in condominium management is crucial for consumer trust.
• The Eli Report is available across North America, including in French.
• Nico emphasizes the importance of status certificates in condo purchases.
• The synergy between Eli Report and CondoWiz enhances consumer knowledge.
• Information accessibility empowers consumers in real estate decisions.

Thomas Beattie

Co-Founder & CEO @ OctoAI | Helping Everyone Understand Condo Communities & Serve them Better with Eli Report
[e-mail]
https://elireport.com/
https://www.linkedin.com/in/thomasbbeattie/

Thank you Thomas and thank you all for tuning into today's episode.

CondoWiz™ - Toronto GTHA+ app for iOS and Android devices is available now in Apple's App Store and the Google Play Store
 
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