Clear Capital, the national real estate analytics, data solutions and valuation technology company, recently announced the launch of its data solutions business, PropertyNova. In addition, the company announced its first products under PropertyNova, including Tax Assessment Data and Recorder Deed Data, a robust Data as a Service (DaaS) solution that offers comprehensive property insights, Clear Capital said in a release.
Clear Capital, trusted for its 25 years of industry knowledge, high-quality products and unwavering commitment to increasing certainty in the market, is addressing the critical gaps and challenges in the property data market through the launch of PropertyNova.
Clear Capital’s solutions offer nationwide data and analytics with greater transparency, reliability and flexibility for businesses that rely on accurate insights to make confident real estate decisions, the company stated.
With this launch, Clear Capital moves closer to providing a single version of truth for those who need all of their data and analytics services available in one place. By providing access to assessor and recorder data, large primary source datasets that are the backbone of creating AI-derived property or market insights, the company is addressing a key challenge that spans multiple industries – accessing a single master property address list.
Across providers, discrepancies exist in addresses, a difficulty that is compounded when a customer needs to license multiple datasets or products.
“Transparency, reducing fraud and enabling informed decision-making are at the core of what we do,” Clear Capital CEO Duane Andrews said in the release. “Our vision is to empower stakeholders across the ecosystem, lenders, investors, insurers, and homeowners, with the ultimate risk reduction tool, as PropertyNova customers will be equipped with the knowledge of what actually exists on more properties in the U.S. than anyone else.
“As we have been leveraging the best data sources, including our own proprietary datasets, to create valuations and build our own suite of products, we have the utmost confidence in delivering high-quality, accurate data and analytics to the broader industry,” Andrews added.
Clear Capital’s DaaS solution is specifically designed to seamlessly integrate large-scale public records data into the systems of various industries, including the mortgage, real estate, finance and insurance sectors. In providing bulk access to critical property information, Clear Capital’s solution enhances the capabilities of businesses to perform detailed analyses and make data-driven decisions effectively.
In addition to Tax Assessment Data and Recorder Deed Data, Clear Capital is offering its ClearAVM and Home Data Index (HDI) bulk file products under the PropertyNova umbrella.
The ClearAVM bulk file will provide access to data from Clear Capital’s ClearAVM, which includes more than 120 million properties and 60 million high-confidence AVMs, while the HDI bulk file incorporates data from multiple sources with real-time processing and filtering, highlighting unique factors influencing property values.
By making this data available, Clear Capital is increasing certainty in the valuation and real estate industry.