A New Condo Review Platform to Inform Canadians about Condos

TORONTO, Feb. 15, 2018 (GLOBE NEWSWIRE) -- InsurEye Inc. has recently announced the launch of a new website, CondoEssentials, a condo review platform designed to inform Canadians about real estate space, particularly condominiums. InsurEye has been informing consumers for years about the details of auto, life and condo insurance through thousands of independent insurance reviews, which are carefully moderated to ensure high-quality information.

Henry Karimi, a real estate veteran and InsurEye co-founder, oversees real estate operations at CondoEssentials. He says, "Many aggregator platforms out there, including MLS, are doing a good job providing an overview of prices, but what you cannot find out from them is how it actually feels to live in each condo. That's the gap that CondoEssentials closes. We started with auto insurance, life insurance and home insurance reviews a few years ago and focused, among other products, on condo insurance. Given the current real estate situation in Canada, condominiums represent a viable dwelling option for more and more Canadians. With CondoEssentials, we are informing them about this crucial asset".

Dmitry Mityagin, another InsurEye co-founder and CTO, says, "The experience and information we have gained in the insurance review space is now invaluable for CondoEssentials. With close to 2 million occupied condos across Canada in 2016, the condo market is growing aggressively. Rapid growth can make it difficult to properly compare options. CondoEssentials, however, will make those comparisons fast and easy. We hope that CondoEssentials will become one of the go-to tools for Canadian condo buyers."

CondoEssentials evaluates condos using three dimensions: condo building and appearance, unit size and floor plan, and condo amenities. All reviews are moderated and checked to make sure that they are helpful and do not include false comments. The company uses a proven, proprietary method to ensure the integrity of all submitted reviews. CondoEssentials currently offers reviews for condos in Toronto and condos in Mississauga.

InsurEye Inc. is a Canadian company, located in Toronto, Ontario. InsurEye manages the largest Canadian review platform for various types of insurance and other financial products, including credit cards and mortgages.