Knight Frank strikes deal with innovative valuations proptech

Knight Frank has signed a partnership deal with Valos, a platform offering automated valuation reports.

Valos streamlines the valuation process, the company says, helping agents increase the quality, accuracy and speed of valuations, with users reporting up to a 40% increase in productivity.

The company was founded by Rob Davis and Alex Kountourides, who have both worked as surveyors.

Knight Frank says this is the latest in a string of recent technological investments and advancements it has made to drive efficiencies internally, and improve customer experience for its clients. In particular, it points to its investment in US-based tech fund Fifth Wall.

‘By valuers for valuers’

Andrew Gooding, quality partner in Knight Frank’s valuation & advisory team, says: “We are excited to be working with Valos; a platform designed by valuers for valuers.

We are excited to be working with Valos; a platform designed by valuers for valuers.”

“It automates many of the routine enquiries that we need to undertake as part of a valuation, allowing our people to focus on providing clients with informed insight and advice.”

Valos

Alex Kountourides, co-founder and CEO of Valos, who worked previously as as a surveyor with Montagu Evans, says: “Having been a valuer, the key challenge was ensuring valuers remain an integral part of the valuation process.

“I think we have achieved the perfect blend of automation and valuer input to empower and not replace valuers.”

Rob Davis fellow co-founder and COO of Valos, who was a surveyor with Workman, adds: “We are delighted Knight Frank has chosen to use Valos across its valuation teams and look forward to maintaining our ethos of working collaboratively with our clients to help bring valuations into the 21st Century.”