CoreLogic recently announced it has launched a new property measuring and sketching tool, ScanToSketch. To date, ScanToSketch, which was developed using CoreLogic’s appraisal software brand, has been used to complete more than 20,000 property sketches and has been featured in over 12,000 appraisal reports, CoreLogic announced in a press release.
ScanToSketch uses a combination of LiDAR (light detection and ranging) and augmented reality (AR) technology to allow appraisers to complete their scans in minutes – building a full exterior footprint of a home and enabling access to the sketches for real-time adjustments on-site.
“From ScanToSketch to proprietary image analytics, our CoreLogic teams are always working to put new, advanced technology in the hands of our customers,” Devi Mateti, president, CoreLogic Find and Enterprise Digital Solutions Group, said in the release. “This product improves speed, accuracy and access. We look forward to seeing ScanToSketch’s impact across the real estate industry.”
Appraisers who have used ScanToSketch and compared it with traditional measuring tools have noted its speed and accuracy, CoreLogic said. They can scan any size property and access their sketch immediately. ScanToSketch has an average accuracy variance of 1-2 percent when compared to traditional measuring tools.
While ScanToSketch was created for appraisers, it has the potential to be used in additional aspects of the home-buying process by home inspectors and real estate agents.
No specialized hardware is needed to operate ScanToSketch, as it is currently supported on the latest Apple Pro and Pro Max devices and is currently free of charge in the TOTAL for Mobile app, an appraisal software app.