12 October, 2023
How KATE Innovations Transforms the Industry with Innovative Valuation Software
KATE Innovations offers software that orchestrates the entire real estate valuation process from A to Z. With KATE’s innovative software, valuers, banks, and real estate companies structure their data and optimise their workflows. With dedication and passion, KATE Innovations invests in its software, challenging the market to further digitise and transform.
For Ambitious Valuers
The history of KATE Innovations tells a story of boundless vision in solving challenges within the valuation market. It all began with the frustrations of co-founder and Director of Business Development, Rutger Janssen. As a former valuer at Cushman & Wakefield, he saw that processes could be improved. Janssen explains, ‘Valuers often find themselves trapped in a cycle of annual valuations. These valuations are a requirement for all parties involved and often deliver little value. We believe that valuers can provide property owners with data and insights that go beyond the annual valuation moment. These are the valuers with ambition.’
From Valuation Assessment to Value Creation
By providing insight into the impact of changes on property value, valuers can position themselves in an ever-evolving market. KATE Innovations envisions a role for valuers as value experts, where they can advise and guide property owners in making crucial decisions. This means that valuers don’t just assess value but also continuously add value by providing relevant information to their clients. Janssen emphasises, ‘There are many opportunities for valuers to stand out in the market, especially in the areas of sustainability and advisory. Yet, we observe that only a few players in the market are positioning themselves in these fields. Those who don’t seize these opportunities are missing out. Property owners show high demand for expertise in sustainability, and valuers can offer added value to their clients in this regard.’
How KATE Innovations Makes a Difference
According to Janssen, it is crucial to ask the right questions and understand the needs of valuers and property owners. From day one, Kate Innovations has been in touch with all stakeholders to harness the right expertise for the continuous development of its software. Janssen states, ‘We are the ultimate connector, from valuation to financing. We don’t believe in a closed system. Instead, we believe in linking stakeholders’ systems together for an optimal flow for all parties involved. Take, for instance, the integration of external public data sources into our valuation software or the ability to submit XBRL to major banks in the Netherlands. This significantly speeds up and improves the process for all stakeholders involved, and can serve as a model for other countries.’
The Future of Real Estate Valuation
The future envisioned by KATE Innovations is one in which valuers redefine themselves and their role, adding value and becoming trusted partners that property owners need to navigate successfully through the complex real estate world. KATE Innovations believes in these ambitious valuers and supports them with its software. Erik Schlooz, Managing Director at KATE Innovations, invites stakeholders to embrace digitisation: ‘We invite valuers, property owners, and everyone involved in real estate valuation to embracing digitisation with us. Together, we can shape the future of real estate valuation.’