Partnership debuts at Valuation Expo, as GSEs push for extra correct and goal property situation insights
True Footage, a technology-driven appraisal and valuation firm remodeling house valuation nationwide, and Restb.ai, the actual property trade’s chief in AI and laptop imaginative and prescient expertise, introduced a brand new collaboration to considerably lower hours from the appraisal course of.
By leveraging Restb.ai’s AI-powered Situation & High quality (C&Q) scoring, True Footage helps appraisers produce quicker, extra goal, and absolutely documented valuations at a time when the Authorities-Sponsored Enterprises (GSEs) are pushing for appraisal modernization.
“True Footage is empowering appraisers with the very best expertise accessible to redefine how appraisers carry out value determinations,” mentioned John Liss, CEO at True Footage. “By leveraging Restb.ai’s AI management, we’re on the forefront of innovation, giving appraisers a tech-enabled workflow that improves accuracy, transparency, and effectivity and creates extra documented and compliant value determinations.”
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True Footage, with operations throughout 29 states together with most main markets, affords valuation instruments akin to TrueTracts, a platform that enhances appraisers’ judgment by surfacing data-driven insights from hundreds of real-time calculations. It helps them transfer quicker with out sacrificing management and unlocks a degree of analytical depth that isn’t doable via handbook processes alone.
By integrating Restb.ai’s C&Q scoring, True Footage appraisers cannot solely type and choose comparables extra effectively, but additionally leverage large-scale property situation and high quality knowledge to derive extra credible changes. This reduces reliance on subjective judgments and removes key unknowns from the adjustment course of.
By automating and standardizing C&Q rankings throughout hundreds of properties, this integration will assist generate extra correct and defensible changes, not just for high quality and situation, however throughout the complete function set.
“Appraisers wish to give attention to evaluation, not tedious handbook evaluate,” mentioned Tony Pistilli, President, Valuation at Restb.ai. “Partnering with True Footage delivers real-time financial savings to appraisers, but additionally reduces subjectivity, whereas delivering valuations that align with the trade’s modernization push.”
The partnership delivers vital advantages for appraisers, valuation corporations, and lending professionals, together with:
- Quicker, extra environment friendly value determinations: AI-powered C&Q scoring lets appraisers establish similar-condition comparables with out manually reviewing dozens of itemizing images.
- Extra documented and correct changes: Goal, image-based assessments of property situation and high quality scale back subjectivity, leading to extra defensible studies.
- Assist for GSE UAD modernization: Meets new necessities (UAD 3.6) to individually assess the inside and exterior situation and high quality of properties, serving to appraisers keep compliant.
The TrueTracts platform might be demonstrated at ValExpo in Las Vegas, August 11–13, as a part of True Footage and Restb.ai’s joint dedication to empower appraisers with higher instruments and help the trade’s modernization efforts.
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