AI-Powered Insights for Realtors
Become the Condo Expert
Your Clients Need
Skip the uncertainty. Instantly analyze condominium status certificates and generate detailed reports for your clients.
Example Condo Bright Insights
Leased Units Percentage
Approximately 12.32% of units are currently leased.
A lower percentage of tenant occupied suites is generally better for the overall condo health, as owners typically take better care of their units and the common elements.
Status Certificate Age
The status certificate is 16 days old.
The status certificate is considered current. Lenders may require a new one if the purchase closing date is more than 90 days away.
Legal Status
The condominium is currently free of any legal issues.
There are no active cases against the corporation, or that the corporation are pursuing. There are no past or unpaid judgements.
Insurance Policy Coverage
The condominium insurance policy is valid until 11/28/2024.
The condominium corporation has secured necessary insurance coverage.
Insurance Deductibles
All deductibles are within an acceptable range.
The deductibles for the insurance policy are within the expected range.
Standard: $10,000
Water: $25,000
Sewer: $25,000
Overland Flooding: $50,000
Earthquake: $100,000
Example Financial Health
Reserve Fund Balance
$2,283,308.67
Reserve Fund Study Timeline
Default Status
The current owner is not in default on any payments.
Lien on Property
There are no liens on the property for unpaid maintenance, legal, or other fees.
Fiscal Year Accurate
The budget for the current fiscal year is accurate.
Common Expense Increase
Common Expenses have not been increased this fiscal year since the budget date.
Special Assessment
A special assessment has not been levied.
Reserve Fund Adequacy
The reserve fund is currently adequate to cover anticipated expenses.
Future Funding Notice
A notice of future funding was sent on 9/26/2023.
Additions, Alterations & Improvements Agreements
The unit is not subject to any such agreements.
Substantial Planned Changes
There are no substantial changes to the common elements planned.
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Top Realtors
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Buildings
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Status Certificates Processed
AI Status Certificate Interpretation
Empower Your Clients Decisions with Precise Condo Insights
Help your clients & potential buyers understand and interpret the complexities of condominium status certificates. Gain an edge with customized insights designed to showcase your building-specific knowledge to your clients.
- Comprehensive Status Certificate Summaries
- Detailed Building Profiles
- Action Items to Clarify Pertinent Details
- Custom Insight Reports
Core Features
Discover Our Condo Insight Tools
Condominium Insights
Quickly analyze the essentials about a building to see if it is a match for your clients.
Financial Overview
Unlock critical data points from status certificates, while highlighting crucial financial information.
Building Details
Detailed building profiles, including pre-construciton, amenities, property management & more, ensuring you make informed recommendations.
Condominium Legal Health
Assess legal standing with comprehensive reviews highlighting potential risks and opportunities.
Action Items
Generate a list of clear & prioritized tasks for you & your clients. Empower decision-making with targeted & strategic actions.
Customize Reports
Generate status certificate reports highlighting or omitting details based on your clients needs. Enhance your listings with a public building report link.
Process
Effortless Steps to Expert
Status Certificate Analysis
Upload Status Certificate
Artificial Intelligence Analyzes Documents
Review Reports & Share With Clients
Faq’s
Frequently Asked
Questions
Condo Bright equips you with detailed building profiles, ensuring you enter any listing appointment fully prepared, showcasing your building-specific expertise. Additionally, you can prepare and share public report links that highlight the positive aspects of a building, another tool to effectively market the condo and enhance its appeal to prospective buyers.
Condo Bright ensures the properties you consider are truly suitable for your clients by allowing you to filter search results based on specific building rules, financial/legal status, and amenities. This helps you match properties to your client'; needs accurately. Additionally, the platform provides you with comprehensive building profiles, so you appear as an expert to your clients, well-informed about every key aspect of the building and condo suite during viewings.
Condo Bright automates the examination of complex documents, providing rapid, accurate analyses using advanced AI. This reduces the time you spend reviewing and enables quick, confident decision-making.
No. Running a status certificate through condo bright will help you visualize the details of the building for your clients, and provide expert insights for what should be considered. The report is meant to help qualify which buildings do or don't work for prospective clients. It is pertinent to still seek legal advice from a lawyer to ensure you and your clients are fully protected.
You can upload the entire package received from property management, including the status certificate, financials, budgets, bylaws, rules, insurance, notices & more, all of which are categorized & analyzed for critical data.
Our AI model has been fine-tuned after reviewing thousands of status certificates. Our precise analysis gets answers the key questions which Top Realtors would want to have to properly advise their clients, and generates a list of action items to clarify unknown factors.
Reports are usually available within 10 minutes of uploading, allowing for rapid access to crucial insights. Timing may vary with document complexity but we always aim for prompt delivery.
Results are accessible online in an interactive format, with options to download or print as PDF for offline use. Branded and unbranded reports are available, along with the ability to share public report links.
Top Realtors with the Best Brokerages Trust Condo Bright.
Trusted by hundreds of real estate agents across Canada
Pricing
Flexible Pay-as-You-Go & Subscription Options
Single Report
Pay a flat fee for each status certificate analysis, without any long term commitments.
$24.99
Pay as you go
- Unlimited access to your reports
- Branded & Unbranded sharable links
- No monthly fee or contract
Platinum Agent
Monthly subscription for active agents who need regular access to building profiles to better service their clients, and to generate Condo Bright reports at a discount.
$24.99
Per Month
- 1 report credit per month
- 10% discount on additional reports
- Access to building profiles database
- Access to status certificate library
- CRM Integration (coming soon)
Brokerages & Teams
Customized solutions for brokerages and teams.
Please contact us for pricing details.
- Tailored packages to fit the needs of teams and large brokerages
- Dedicated support and training
- Volume discounts available
COMING SOON: CRM Integrations
Provide Online Leads Building Health Information
Integrate with your website or CRM to automatically include building reports for prospects.
Bright
