In his role as CEO of Local Logic, Vincent Hodder has used his leadership skills, knowledge of the real estate industry and geospatial data to provide a wealth of valuable information to agents and brokers. This has helped professionals better serve their customers and close a large number of transactions.
In 2014, Hodder and Gabriel Damant-Sirois were both students enrolled in the Master’s Degree program in Urban Planning at McGill University. They created a tool to find suitable housing based on lifestyle criteria, such as distance from public transportation, proximity to parks and noise pollution. They thought that type of data was significant, yet had been underexploited.
After they graduated, the pair decided to enter the field of urban data in order to have an impact on cities around the world, rather than on just one city. They co-founded Local Logic, a platform that aggregates approximately 500 data sources to study approximately 20 indicators relevant to people who are interested in living in urban areas. Their business is based on the belief that customers know what type of neighborhood they want to live in. They believe that by understanding consumers’ needs, Local Logic can help them make better and easier decisions. Hodder predicts that this understanding will also improve the development of cities in the future.