Appraisal imagery provider Visre Inc. has formed a multi-year partnership with JVI Appraisal Division LLC, a provider of real estate owned (REO) valuations, portfolio evaluations and origination appraisal services. Armed with Visre's ability to rapidly capture and authenticate high-quality property photos and video, JVI will introduce new image-enabled valuation products designed specifically to meet industry demand for improved reliability, faster turnaround and lower costs, the companies state.
To accelerate the availability of image-enabled products and services throughout the country, Visre will offer JVI's national network of appraisers the opportunity to license territories and Visre DriveBy Camera systems.
The DriveBy Camera system includes eight cameras, a GPS device, high-capacity drives, a laptop PC and broadband mobile connections. Each of the cameras captures 12 high-resolution images per second while the GPS device simultaneously records location. The system then links each photo to the GPS coordinates as well as the time and date of capture.
Visre can then authenticate the images – linking them to the location, time and date of capture. Image-enabled features will range from address authenticated photos to supplement valuation reports, to 360° DriveBy videos that empower a broader review and comparisons with neighboring properties on the street.
Sources: Visre, JVI
