The IÖ real estate app is primarily intended as an innovative tool for students attending Building Process I+II, the compulsory undergraduate subject at the Department of Architecture, coordinated by Professor Sacha Menz, as well as students attending Building Process: Economics, an elective concentration subject offered at the graduate level and subject coordinated by Daniel Ménard. The IÖ real estate app is intended to replace the outdated Oekonomiemodell in der Objektplanung Hochbau (www.bauoek-modell.ethz.ch) launched 12 years ago and financed as well through the Innovedum fund (formerly Filep). During the 2012 Spring Semester, our chair held a seminar week with a group of 20 students to address basic issues of targetability, applicability, and marketability. Over the course of the week, we met with recognized real estate appraisal experts from both industry and academia to discuss implementing a smartphone app of this kind (see enclosed seminar documentation). The feedback collected from seminar participants was extremely positive, and we will continue to consult these experts and receive access to various databases. The response to the Innovedum request for funding submitted in October 2012 was largely positive, with some criticism mainly limited to the absence of any bids to realize the project. As a result, we have since initiated and maintained close contact with several IT firms. Following the development of a concept mock-up and functional description of services, we received bids from three qualified firms (see enclosed documentation). We have also presented our idea to various associations such as the Swiss Engineer's and Architect's Association (SIA) and the Swiss Real Estate Association (SVIT), and are confident that we will attain some additional funds needed from these groups as well as other sources to realize this project.