Jimmy Chan and Sahil Jaggi, the winners of The Schulich School of Business at York University’s 2016 Start-Up Day, have launched their winning real estate services start-up, Odyssey3D.
Chan, a fourth-year Schulich undergraduate student, and Sahil Jaggi, a sales rep with Re/Max Realtron in Toronto and a real estate investor and builder, won the 2016 Start-Up Day competition for emerging entrepreneurs in late November, qualifying them for 12 months of business mentorship from Schulich entrepreneur-in-residence Chris Carder.
Chan said he conceived the idea of Odyssey3D during his time studying technology entrepreneurship in the Technion – Israel Institute of Technology in Haifa, Israel last summer.
“I realized how inefficient traditional real estate marketing was last year when I was purchasing my first apartment. Photo galleries, 360 degree panoramas and fly-through videos lack the perspective and feel that millennial first-time home buyers crave,” says Chan. “At Odyssey3D, we use the most cutting-edge technology to create virtual reality, open house immersive experiences that make you feel like you’re actually there. You can virtually tour properties using any device, including your iPhone, iPad, Android, or the web. This new technology has the potential to rapidly disrupt the commercial and residential real estate sector.”
Chan says his team “interviewed hundreds of agents” from Re/Max, Century 21 and HomeLife “to find the best solution to solve their everyday pains.” He says sales reps are “craving for a way to stand out.”