REI | Real Estate Intelligence

What is REI?

REI, short for ‘Real Estate Intelligence, is not just an application; it’s a revolution.

REI marks the first fundamental change to local authority data handling in decades. Imagine a tool that not only reads and summarises the results of Local Authority searches but it also provides you with an extract of the data in a standardised format.

Since the 1990s, local authority data has been confined to flat PDFs, requiring manual, page-by-page reading. REI transforms this process by providing digital extracts and automated analysis of CON 29 forms. This is especially impactful for multiple property purchases, allowing for quick comparisons, improved accuracy, and significant time savings.

With around 340 local authorities, each sending results in different formats, lawyers have faced the daunting task of interpreting each one uniquely. REI not only automates these results but also standardises the format, regardless of the source.

How legal professionals interact with crucial property data is evolving at pace and has changed once more, thanks to REI.

Andrew Lloyd , Managing Director, Search Acumen

Why Now?

We recognise that efficiently processing extensive property portfolios and complex deals is essential for the growth of the Commercial Real Estate and Social Housing markets, both of which are currently prioritised by the Government. REI thrives on handling higher volumes, making it invaluable for transactions involving multiple properties. As the social housing market grows increasingly price-competitive, securing that work requires an exceptional edge.

REI delivers consistent data formats for hundreds of properties in a single spreadsheet, facilitating easy comparison and analysis. But how does it achieve this? The secret behind REI is our meticulous AI training. With vast variations in data sets, there are no shortcuts. Achieving this level of accuracy has taken years of dedication and the collaboration of countless experts. This dedication is our pride, and it’s why we confidently offer customer guarantees and insurance.

Key Features

REI's Products

1

Portfolio Analysis:

Provides a single extract for multiple addresses in an easily digestible format, perfect for handling large property portfolios efficiently.

2

Single Extract (available on request):

Delivers standardised data for individual properties or land, highlighting areas that need attention for quick and easy review.

3

Comparison (coming soon):

Allows users to upload an old result and a new result for the same property, highlighting changes and differences between the two, and summarising them in the extract.

Gain the competitive edge

Significant Time Savings
Improved Accuracy
Standardised Data
Automated Comparison & Analysis
Customer Guarantee & Insurance
Exclusive to Search Acumen Clients

REI represents a fundamental shift in handling local authority data, transforming manual, time-consuming processes into streamlined, automated workflows. This not only saves significant time for legal professionals but also provides them with accurate, standardised data to stay competitive in a fast-paced market. The introduction of REI is timely, addressing current market demands and setting a new standard for data processing in the real estate industry.

Embrace the future with REI and transform the way you handle property transactions!

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The Evolution of REI

A Journey 20 Years in the Making

REI’s creation is the result of over two decades of vision, innovation, and a relentless commitment to solving one of the industry’s most persistent challenges. The story began more than 20 years ago with an ambitious goal: to standardise the varying formats of the CON29 forms used by local authorities. At the time (and still applicable now), every local authority could choose its own format for presenting this data, creating a fragmented system that posed significant challenges for anyone working with it. With over 340 local authorities each using their own format, this was no small dream, but it was an idea that could transform the industry….

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