ClearValue Consulting, a valuation solutions provider, recently announced a strategic partnership with Restb.ai to integrate Restb.ai’s advanced computer vision technology into ClearValue’s valuation review platform, Certainty.
This new partnership helps revolutionize the appraisal review process by increasing efficiency, reducing costs and improving overall quality control, according to a release. Certainty will now leverage Restb.ai’s AI (artificial intelligence) technology to enhance its capabilities. The AI-driven system automatically analyzes photos for identification and verification of the subject’s condition and quality, as well as comparables, according to the release.
This helps address common appraisal review challenges that typically require a “stare and compare” process by a reviewer, such as comparing the number of bedrooms on a floor plan to the appraisal. It also automatically blurs images of people in photos that violate guidelines.
“Our goal has always been to provide clients with the most advanced, efficient and reliable tools available,” Don Juhl, CEO and co-founder of ClearValue Consulting, said in the release. “By integrating Restb.ai’s technology into Certainty, we are taking a leap forward in appraisal modernization. This partnership will reduce resource costs, improve the accuracy of reviews, and generate greater efficiencies in the appraisal process.”
The integration will offer lenders and valuation providers a streamlined process that works across all products, including BPOs, appraisals, evaluations and inspections.
“By leveraging our advanced market-proven computer vision technology, ClearValue provides clients with a powerful tool that reduces the time and resources spent on reviews, allowing professionals to focus on higher-risk valuations,” Restb.ai Valuation General Manager Tony Pistilli said.
Key benefits of this integration include:
- Enhanced valuation quality through AI-driven photo analysis;
- Greater efficiencies in the review process, reducing turnaround times;
- Reduction in resource costs and time spent reviewing appraisals; and
- Compatibility with BPOs, appraisals, inspections, and custom forms.
“People are constantly asking how they can reduce costs and minimize revisions while maintaining high standards,” Juhl said. “With the integration of Restb.ai, Certainty offers an unmatched comprehensive review platform needed to meet these challenges head-on.”