ClearValue Consulting, a provider of solutions in the valuation industry, has formed a strategic partnership with Restb.ai to integrate its advanced computer vision technology into ClearValue’s comprehensive valuation review platform, Certainty. This new partnership helps revolutionize the appraisal review process by increasing efficiency, reducing costs and improving overall quality control.
Certainty, a tool for lenders and valuation providers, will leverage Restb.ai’s AI 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. 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,” said Don Juhl, CEO and co-founder of ClearValue Consulting. “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 of Restb.ai’s computer vision technology will offer lenders and valuation providers a streamlined process that works seamlessly across all products, including broker price opinions (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,” said Tony Pistilli, general manager, valuation for Restb.ai.
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.
