In June 2016, Davos Real Estate Group (REG) launched its first mobile apps known as Davos CAP Calculator. The primary use for the application is to calculate the return on real estate ventures in which the customer is interested in. Davos Real Estate Group is a full-service brokerage firm that offers market consultancy and transaction support to homeowners, corporations, and investors for commercial and personal property needs.
The mobile application comes with several benefits besides calculating the return on real estate investments. Some of the benefits as explained by the company CEO David Osio include:
- a) The ability to identify properties – the application will enable users to identify real estate properties through their mobile devices and provide historical reports to their agents at Davos via interactive chat. The app can locate properties that are on sale as well as open houses at any location. Clients only need to specify their search by price, the number of beds, baths and more.
- b) Provide a clearer financial vision when purchasing property – this innovative tool will allow real estate buyers to know the exact price of the property, allowing them to calculate their finances when ready to purchase the property properly. With the calculator, clients can also calculate the cost of rent of the property that suits their projected income.
- c) Mortgage calculator – the Davos CAP Calculator comes with a mortgage calculator that allows clients to assess their mortgage based on the rate of interest and the period of funding. Knowing the amount of mortgage needed typically takes time and slows down the selling process. But with a mortgage calculator, the buyer can quickly know the mortgage information making the buying process very quick.
Since December 2015, the executive director of Davos REG, Gerald Gonzalez worked with Tecknolution Company to develop the application. The app has been designed using the latest technology and can be accessed on Android and iPhone devices. The mobile application is just the initial application of a series of apps the group tends to develop.
About David J. Osio
David J. Osio is the founder and chief executive officer of the Davos Financial Group of companies, the first firm in Venezuela established to provide financial consultancy to select clientele. Under Mr. Osio’s leadership, the company has grown and expanded to establish offices around the world in strategic cities like Miami, New York, Geneva, Lisbon and Panama City.
Mr. Osio obtained his degree from the Catholic University Andres Bello in Caracas, Venezuela where he majored in banking, finance and international studies. He then attended the Instituto de Estudios Superiores Administrativos where he studied international banking law. Mr. Osio further advanced his knowledge investment banking and consultancy by studying equity portfolio management at the Institute of Finance in New York.