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to bring computer vision to its valuationreview platform called Certainty. The companies hope Restb.ai’s technology can help ClearValue’s appraisalreview clients improve efficiency and quality control while also reducing costs. general manager of valuations, said in a statement. In August 2023, Restb.ai
Dallas, TX – October 31, 2024 – ClearValue Consulting , a leading provider of innovative solutions in the valuation industry, today announced a strategic partnership with Restb.ai to integrate its advanced computer vision technology into ClearValue’s comprehensive valuationreview platform, Certainty.
Reviewingappraisal imagery, an essential step in the valuationreview process, is time-consuming and laborious. CoreLogic developed Image Analytics to drive innovation in the appraisalreview process and help lenders and mortgage industry professionals analyze property images quickly and accurately.
ValuationReview spoke with two Black Knight vice presidents about specific matters appraisers are dealing with today, as well as some technology initiatives that can make the industry more productive. Desktop appraisals, AVMs and artificial intelligence were a few of the issues brought.
AppraisalWorks , Clear Capital Announce Partnership to Streamline Appraisal and ValuationReview for Lenders. Banks, credit unions, loan servicers and mortgage lenders now have access to a suite of tech-enabled products for property valuation.
Despite significant technology investments, it actually takes longer and costs lenders more to originate a loan today than it did 10 years ago. AutomatIQ Collateral from CoreLogic helps lenders reverse these trends by delivering the data and analytics they need to validate property ownership, value, condition and hazards on one platform.
Now more than ever, appraisers need to take full advantage of technology opportunities within the industry. ValuationReview gets more thoughts from a company who speaks to those advantages for the commercial appraiser. Read on for more.
Digital GLA and sketch automation represents a revolution in property data collection, which is of utmost importance for appraisers moving forward. ValuationReview spoke with Clear Capital’s Innovation Labs Executive Vice President Jeff Allen, who outlined the many facets this technology offers appraisers.
In his article, “The Next Generation of Appraisals: Revolutionizing Real Estate Valuation with Computer Vision,” Tony Pistilli, valuations general manager at Restb.ai, discusses how new technology will enable appraisers to better use their analytical skills. Read on to find out what we were told.
ValuationReview reached out to Russell Kitzberger, a residential and commercial appraiser (Pointer Appraisal Services, LLC) and a certified general appraiser providing real estate appraisal, litigation consulting, and expert witness services for attorneys, property owners, insurers, lenders, and government agencies.
Earlier, ValuationReview brought you news of Incenter Appraisal Management’s new technology titled RemoteVal to further assist appraisers. We caught up with company President Mark Walser, who shared more ideas about what lies ahead for appraisers and lender designated users.
What will automated sketch and digital GLA technologies unlock for appraisers? ValuationReview went back to Clear Capital’s Innovation Labs Executive Vice President Jeff Allen, who addressed that question, and others in a follow up conversation. Read on to learn all that Allen shared with us.
ValuationReview spoke with Clear Capital Chief Appraiser John Brenan, a true veteran of the industry, for his thoughts on how appraisers came through the difficult times of 2020. Brenan also stressed that many technological changes have proven to be “game-changers” for appraisers.
In ValuationReview’s 2021 Voice of the Appraiser special report, appraisers and lenders shared their opinions regarding the overall status of the profession. The technology section of that report offered some interesting insights.
Earlier, ValuationReview reported the recent acquisition of CubiCasa, a Finland-based proptech startup, by Clear Capital. We recently sat down with new CubiCasa President Jeff Allen for more in-depth details about the acquisition and how this will accelerate appraisal modernization, among other things.
During a conversation with ValuationReview, Kevin Musick, the ClearValue company’s president and chief technology officer said- “despite the increase in availability of property data, a picture still says a thousand words.”
Clear Capital recently announced ClearPhoto, a set of AI-driven rules built into ClearCollateral Review, automating the review of property photos and ensuring they are aligned with the appraisal data and sketch.
Unlike a commercial real estate appraisalreview, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media! Grant Applications.
At the 2021 Appraisal Summit in Las Vegas, ValuationReview attended the session “Creating an Agile Appraisal Workflow” featuring panelists from Clear Capital. Executive Vice President of Corporate Strategy Kenon Chen and Chief Appraiser John Brenan outlined technology that can advance the appraiser’s workload.
Incenter Appraisal Management recently released its RemoteVal technology, which it said dramatically streamlines one of the biggest bottlenecks in mortgage lending: appraisals. RemoteVal empowers appraisers to achieve compliant inspections.
ValuationReview caught up with Appraisal Institute (AI) President Rodman Schley, who gave much praise to the work AI has done during these difficult times of a pandemic. He also shared his thoughts on future technologiesappraisers can utilize to enhance the profession.
ValuationReview concludes its conversation with Incenter Appraisal Management President Mark Walser, who gives more details about RemoteVal to further assist appraisers. The technology also provides assistance to lender designated users. Read on for final thoughts from Walser.
Studies continue to show the commercial real estate (CRE) appraisal business is a graying industry. Most CRE appraisers within the space are appraisal veterans who have been in the industry for decades and are apathetic toward new technologies, according to one company executive.
Elizabeth Green, who co-chairs the MISMO Property and Valuation Services community of practice and serves as head of digital solutions for Candescent Capital Ventures, shared her technology thoughts with ValuationReview. Green gave us some insights on topics from desktop appraisals to the ANSI measuring standards.
Reggora, an appraisal software company, announced Envoy Mortgage has adopted its appraisal management system to help process all loans requiring an appraisal.
Tyler Technologies, Inc. million agreement with the Cobb County Board of Tax Assessors in Georgia for Tyler’s CLT Appraisal Services and Assessment Connect solution, the company announced in a release. has signed a five-year, $7.8 Read on for more terms of this agreement.
Bradford Technologies now includes appraisal form-filling software for trainees at no additional cost with their ClickFORMS membership packages. Building an efficient and profitable appraisal business means leveraging the increased productivity of a team, the company said.
Are you looking for reasons to upgrade your appraisal license ? Here are some stats to consider: As of December 31, 2018, only 42% of the 78,000 state-credentialed appraisers in the United States were certified general appraisers. Here are some top reasons to upgrade your appraisal license: 1. Control your fees.
ValuationReview recently spoke with CEO and veteran appraiser William Fall, who heads the William Fall Group. Fall outlined some of his ideas on current hot topics within the industry dealing with PAREA, education, training and the appraiser’s role when it comes to bias. Read on for more from Fall.
AppraisalWorks, a provider of real estate appraisaltechnology, announced innovations to its flagship appraisal management technology platform. The platform is designed to streamline the real estate appraisal process, helping lenders and servicers achieve lower costs, faster turn times and greater transparency.
Regarding the Federal Housing Finance Agency’s consideration of implementing hybrid appraisals that enlist a third party to collect the data for a lender and certified appraiser once past the automated underwriting system, ValuationReview sought out expert analysis and opinion from Bradford Technologies President and CEO Jeff Bradford.
ValuationReview concludes its conversation with Valcre co-founder/Vice President of Client Experience Grant Norling. More technology is in store for the appraiser in 2022, and the commercial evaluator will have plenty of opportunities to explore these resources.
Valbridge Property Advisors, the largest independent commercial appraisal and advisory firm in the U.S., announced a strategic partnership with Coverlease, a cloud-based commercial real estate (CRE) lease data collection and aggregation platform, the company announced in a press release. Read on to learn more.
Sedgwick, a global provider of technology–enabled risk, benefits and integrated business solutions, has acquired regional automotive appraisal companies Automotive Damage Appraisers of the Southwest (ADASW) and Metro Appraisal, according to a press release. Read on for more information.
Accurate Group, a leading provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, announced Tony Pistilli will join the company as director of valuation operations and chief appraiser.
Valcre, the appraisal platform for the commercial real estate industry, launched its new software integration with Rockport VAL, the company announced in a press release. Read on to learn more.
Reggora, an appraisal software company, announced Guaranteed Rate has selected its appraisal management technology to support the production of all loans requiring an appraisal. Proper Rate, a Guaranteed Rate Joint Venture, will implement Reggora’s software to streamline its appraisal process.
known for its real estate valuationtechnology, recently released a white paper with the results of a study entitled “Reducing Racial Bias in Home Appraisals Using Automated ValuationTechnology.” HouseCanary, Inc., Read on to learn more.
Appraiser Scam – Be Careful! Posted Jan 5 on National Appraisers Forum. This was also posted in the 100% Appraisers group on FaceBook as happening to others. Last week, I received a text from “Master Chief Robert Roy” requesting an appraisal for a cash purchase. Appraisal Business Tips .
Story by ValuationReview Staff. Clear Capital said its interactive property valuation tool ClearProp is designed with at-a-glance insights in mind for any user to quickly and easily understand the subject property. The post Clear Capital tool helps appraisers with data appeared first on ClearCapital.com, Inc.
Aloft, a Seattle-based company, recently announced a $20 million Series A funding round, led by Fifth Wall, a capital firm focused on technologies for the global real estate industry. This includes additional investment from Andreessen Horowitz, a venture capital firm based in Silicon Valley that led Aloft's seed round.
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