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TestFit Cloud-Based Experience for AI in Real Estate Development

written by
Joann Lui

It’s a given that the way we work is constantly changing and as such, TestFit continues to evolve. Our technology changes with it. We’re moving TestFit into a connected ecosystem of product experiences with cloud technology that will allow architects and developers to work through the real estate feasibility process with real-time insights into design, cost, and constructability—even more seamlessly.

Here’s an overview of TestFit’s history in technology and where we’re going next.

TestFit’s Technical History as AI in Real Estate Development

TestFit was originally born as a desktop app, written in the C programming language, in pursuit of a real-time AI product experience for the key decision-makers on a real estate deal. By focusing on an integrated single code base first, we’ve been able to rapidly evolve the application with a small team.

This rapid evolution has allowed us to iterate and optimize quickly to find the product market fit that has propelled us forward. Today TestFit is evolving into a fully connected experience in the cloud that ties 2 key elements together:

  • Stakeholders: collaborate with all deal team participants
  • Ecosystem: interface with connected apps

The Collaborative Nature of AI in Real Estate Development

In the complex world of AI in real estate development, collaboration is especially important. Every building is a prototype being built by multiple stakeholders across multiple companies who may have never worked together before.

From developers putting their investment on the line, contractors building on tight margins, to architects designing within the constraints of both developers and contractors, efficient team workflows are critical to help the entire deal team move and experiment faster.

This means we need a way to share information across machines and network boundaries no matter where you are. The Cloud is great at making this possible.

Ecosystem with Connected Apps

There are additional pieces of technology that TestFit needs to interface with to create an ecosystem of design, cost, and constructability early on in the feasibility stage.

Other key components in the development decision-making process require tools beyond TestFit for more in-depth analysis such as: 

  • Financial analysis (Detailed Pro forma)
  • Constructability analysis (Quantity takeoff and estimation)
  • Development scheme comparison (Visual comparison of different  metrics and design approaches)

These necessary apps are evolving to be web-based, allowing everyone to easily access the latest version of their feasibility studies with minimal friction to the product experience. Modern cloud APIs are the best way to make this sort of connection happen so we can build an integrated ecosystem for the deal team to make the most informed development decisions.

TestFit Cloud Technology is Here

The TestFit that you’ve always loved isn’t changing. Its real-time AI experience for specific building types and rapid development speed are the soul of our product experience. With our new web app, you can:

  • See all your deals on a map to know where all your deals are at.
  • Track your pipeline by status to see what’s coming down the line.
  • Share your deals across companies to maximize collaboration.

By leveraging cloud technology, we can connect both stakeholders and third-party applications to deliver our mission of reinventing the development process.

Reduce Risk. Increase Potential.

Explore TestFit's Real Estate Feasibility Platform today.

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