Current manual workflow — Broker → Admin → Seller — for a single property proposal at Auction Central
Brokers send property details via WhatsApp messages, emails, voice notes — no standard format. Admin must parse and interpret each one differently.
Admin manually pulls Lightstone PDFs, searches Property24, copies data into Word templates. Screenshots charts instead of generating them from data.
At 2–4 hours per proposal with 1–2 admin staff, Auction Central is hard-capped at ~100 proposals/month. Marco says they could do 200+ if this was removed.
Reserve prices are set by broker intuition + quick comp review. No systematic methodology, no transparent reasoning, no historical accuracy tracking.
Once the PDF is emailed, nobody knows: did the seller open it? How long did they spend? Which sections did they focus on? Complete blind spot.
Proposals are flat PDFs. Sellers can't explore comparable sales on a map, interact with valuation reasoning, or sign mandates inline.
After auction outcomes (sold/unsold, price achieved), data is not fed back into the system. No learning loop. No market intelligence. No data moat.
Replace unstructured messages with a conversational AI that asks the right questions, validates addresses, and structures data automatically.
From a property address, automatically pull Lightstone data, municipal valuations, P24 listing data, and comparable sales — no manual portal logins.
Generate the complete branded proposal — description, comps table, suburb trends chart, cover letter — from structured data in minutes.
AI analyses top-5 comparable sales, suburb trends, municipal cross-check, and produces a reserve recommendation with full reasoning chain.
Replace static PDFs with web-based proposals: explore comps on a map, see live trend data, sign mandate inline. Track engagement in real-time.
After auction, capture outcome data (sold/unsold, achieved price) automatically. Feed back into AI valuation model. Build data moat passively.
The broker reviews the AI-generated proposal before presenting it to the seller.
If the broker doesn't trust the output enough to present it, nothing else matters.
The broker is the gatekeeper between the AI engine and the seller.
The Friday test must answer: "Would you send this to a seller without edits?"