Information around deals has been jealously guarded historically, with information often incomplete and expensive to source. With a radically altered mindset around the sharing of data and more widespread collaboration, the next generation will expect to have instant access to this information to enhance decision making and automate key tasks.

Driving efficiency 
Cofounded by Andy Peacock, formerly of Colliers and a RICS surveyor, and Marcus Ginn, a serial entrepreneur, the edozo proposition is one that has been developed from real-world experience. The team has significant sector experience, with board members coming from Rightmove and Zoopla, to ensure that the product is entirely fit for purpose. 

“The edozo solution comes from the challenges the team faced with internal data and availability of that data in the marketplace,” explains Huw Jones, Howard Group’s Finance Director. “We’re looking to invest in technology that will make our business more efficient, as well as generate a return. edozo is attractive both as an investment and an operational tool, so it fits entirely with our strategy.”

How does edozo benefit property companies?
Two interrelated products:

• Map-based market intelligence
  Including peer-to-peer deal evidence, the market data available to real estate professionals will rival existing sources – for a fraction of the cost. Fast and accurate information exchange is efficient and combines additional data sets such as property auction results, mapping available property and demographics.

• Deal pipeline
  Specifically for commercial property firms, a company's database of historical 'comparable' deals is put into digital format so all records are properly documented. A traffic light dashboard delivers invaluable data in advance to quickly inform decision making, such as lease renewals.