Eddisons strikes proptech deal with valuations platform

The firm has adopted the Valos technology across its 100-strong valuation team in a move which the firm says will drive efficiencies and increase the speed with which valuations are delivered to clients.

The platform automates the routine elements of carrying out valuations, improving accuracy and cutting production time, as well as producing enhanced data, enabling valuers to generate more comprehensive valuations.

Eddisons' regional director Phil Deakin, who heads the firm’s North West and West Midlands valuation team, said: “Valuation is an important and growing area of our business, with more than 100 people in our team nationally and increasing demand from our clients for the highest quality valuation advice across the commercial and residential sectors.

“As technology plays an increasingly central role in our operations, we are committed to embracing best-in-class solutions to help our valuers and enhance the service we provide to our clients.

“When we evaluated the technology options, Valos emerged as the clear choice and that was down to the breadth of the product. The platform has clearly been built by valuers that understand our core needs, seamlessly combining accurate data in bespoke templates. This will transform the delivery of our valuation services for clients, improving our efficiency, and freeing up time for our valuers to focus on providing informed insight and the best advice.”

Valos co-founder and CEO Alex Kountourides said: “Eddisons are an innovative firm that are renowned for their client-focused approach and we are proud to be working with them and helping them to drive positive change in their valuation work through the incorporation of new technology.

“Of course, valuers remain integral to the valuation process and with Valos I think we have achieved the perfect blend of automation and valuer input to empower and not replace them.”