Realsy announced the launch of its artificial intelligence (AI)-powered property evaluation platform through a partnership with Restb.ai, a provider of AI-powered computer vision for real estate.
Realsy is a professional property evaluation product trained on appraisal methodology by a certified member, Appraisal Institute (MAI) appraiser. Through the partnership, Realsy uses Restb.ai computer vision for photo-based quality and condition scoring of subject and comparable properties. Those scores feed Realsy’s adjustment analysis.
“Realsy was built to give users a professional property evaluation trained on appraisal methodology by a certified MAI appraiser,” said Brett Mansfield, founder of Realsy. “Restb.ai’s computer vision allows us to incorporate photo-based quality and condition scoring into the analysis of both the subject property and comparable properties.”
Realsy serves real estate agents pricing listings and offers, homeowners checking equity or weighing a sale, lenders seeking preliminary valuations on low-risk, high-equity properties, and estate and legal professionals seeking a preliminary, planning-stage view of value.
The platform applies appraiser methodology, including comparable selection, paired sales analysis, line-item adjustments and a reconciled value opinion. Realsy reports also show the selected comparable properties, adjustments and reconciliation logic used to develop the evaluation.
“Property photos unlock vital information about quality and condition that strengthens property analysis,” said Tony Pistilli, president, valuations at Restb.ai. “By integrating Restb.ai’s computer vision technology, Realsy can automate structured visual insights into its adjustment analysis and provide users with a more complete understanding of the properties being evaluated.”
