Valuations firm Clear Capital has launched a data solutions business called PropertyNova that offers comprehensive property insights.
The firm says this new solution helps address critical gaps and challenges in the property data market.
In this first phase of the launch, the company is introducing tax assessment data and recorder deed data, the two first data solutions being delivered via the data-as-a-service.
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, the firm says in a release.
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,” says Duane Andrews, CEO of Clear Capital, 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.”
Photo: Agence Olloweb