Our online real estate transaction marketplace "RENOSY" was evaluated as an excellent DX case and was selected as a finalist in the large corporate category of the "Japan DX Award" organized by the Japan DX Award Executive Committee. .

“RENOSY”, which was the target of this time, is working on online real estate transactions based on the concept of “making housing search and asset management easier.” Aiming to fuse technology into the real estate business and improve the real estate transaction experience both online and offline, we digitize our in-house operations and handle all of our customers' real estate transaction processes (knowing, searching, comparing, contracting, and managing). We provide technology-based services.

Only 1% (*1) of real estate transactions are online, which is still low compared to other industries. Traditionally, offline communication such as paper materials and face-to-face negotiations was common in real estate transactions, but RENOSY Real estate investment Service digitizes sales materials, utilizes an electronic contract system, and improves operational efficiency using AI and big data. We have reduced the amount of paper used in transactions by an average of 452 sheets (*2) per contract. By making real estate transactions online, we are striving not only to realize a better experience for customers and workers, but also to create a sustainable social infrastructure that considers global environmental resources.

(*1) Calculate sales through online transactions from the online transaction ratio of the RENOSY marketplace in the fiscal year ending October 2021, and divide by SAM (6.9 trillion) of used condominiums of 50 m2 or more in the Tokyo metropolitan area.
(*2) Our research (https://resources.ga-tech.co.jp/Release/220422_ga_earthday.pdf)

Japan has adopted the "Digital Garden City Nation Concept," which aims to realize a sustainable economy and society by drawing out the appeal of regions through the use of digital technology. In order to achieve this, it is essential to expand the number of "DX case studies" that realize organizational and business transformation through the further application of digital technology. We are implementing the "Japan DX Award" as an opportunity to discover and widely share excellent "DX cases" in the promotion and support of DX such as local governments, private companies, industry-government-academia and public-private partnerships.
Organizer: Japan DX Grand Prize Executive Committee
Supported by: Digital Agency, Ministry of Internal Affairs and Communications, Ministry of Economy, Trade and Industry, Non-Profit Organization IT Coordinator Association, Information-technology Promotion Agency, Japan