Clear Capital recently launched its ClearProp platform which it said allows users to accurately and rapidly make data-backed property risk and investment decisions, the company announced in a release.
With access to more than 200 data points on nearly every property in the U.S. (around 150 million U.S. properties), ClearProp offers a rich understanding of a given property fueled by multiple data sources, the company said. Within 30 seconds of loading ClearProp, a user can gain an in-depth understanding of the property from the simple, intuitive dashboard.
New ClearProp features include an enhanced user experience, deep property and market research, simplified login, multiple methods of ordering, a customized report, and more.
“For lenders and investors who need a quick, alternative assessment of property value, ClearProp is the tool for them,” James Marshall, director of real estate analytics products at Clear Capital, said in the release. “Unlike standard property reports, ClearProp simplifies access to the deep property and market data needed to zero in on a property's true value, eliminating the need for several tools.”
This announcement closely follows the recent announcement of ClearInsight, an easy-to-use mobile app that enables real estate professionals, homeowners, and appraisers alike to quickly generate a complete digital picture of a home.
“The mortgage and real estate industry is facing challenges with competitive demand and market uncertainty, and we’re committed to addressing these pain points by providing our customers with lightweight solutions like ClearProp,” Kenon Chen, executive vice president of corporate strategy at Clear Capital, said. “ClearProp is one of our innovations that fits between machine-based AVMs and traditional appraisals, allowing a user to conclude an accurate property value, backed by data, that justifies their decisions.”