Members of 'B&Seor,' an in-house venture of Korea Real Estate Board (Photo by Korea Real Estate Board)
[Asia Economy Reporter Moon Jiwon] Korea Real Estate Board announced on the 16th that its in-house venture 'Be answer' has succeeded in commercializing its revenue business.
Be answer, the second in-house venture of Korea Real Estate Board, succeeded in spin-off startup last March and signed a business contract with Station3, which operates the real estate transaction platform Dabang, on the 15th.
Be answer was selected for the '2019 In-house Venture Promotion Program' hosted by the Ministry of SMEs and Startups. It developed the real estate transaction risk automatic analysis system ICU and obtained a patent, recognizing its business potential.
Through this contract, Be answer will provide Dabang with transaction risk diagnosis, real estate data analysis, and one-stop study issuance services, planning to build a safe platform environment where real estate consumers can conduct transactions without risks such as real estate fraud or unfair deals.
In particular, it is expected to become a new model for realizing social value by addressing social issues such as real estate transaction accidents.
Yang Gidon, Vice President of the Korea Real Estate Board, said, "I am pleased that the in-house venture has achieved the fruit of successful commercialization," adding, "We will continue to create exemplary cases of realizing social value, such as job creation through fostering an innovative startup ecosystem."
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