ProxyPics and Quantarium Join Forces to Revolutionize Property Data Analytics and Inspection
Transforming Property Data Analytics and Inspection
In a groundbreaking collaboration, ProxyPics, Inc. and Quantarium have announced a strategic partnership aimed at revolutionizing the property data analytics landscape. This union leverages cutting-edge technology to create real-time, data-driven insights that promise to reshape decision-making processes within the property and mortgage industries.
Enhancing Property Assessments
ProxyPics, known for its innovative approach to property data collection, connects industry professionals to a vast network of over 180,000 local data collectors, referred to as Proxies. Through this network, ProxyPics is capable of delivering immediate, geolocation-based property data, which allows real estate lenders, appraisers, and investors to conduct swift assessments of properties. By partnering with Quantarium, a leader in AI-powered property valuation technology, the duo aims to combine strengths and offer unmatched analytics features.
Quantarium's Automated Valuation Model (AVM), known as QVM, stands out for its accuracy and efficiency. By integrating this advanced system with ProxyPics' real-time inspection data, users can now access comprehensive property assessments at unprecedented speeds. This synergy enables users to evaluate both property value and condition simultaneously, a capability that has not been extensively available until now.
Revolutionary User Experience
A major highlight of this partnership is ProxyPics' new white-labeled web platform. This application allows lenders to present an experience customized to their branding, ensuring that borrowers only see their preferred logo and color scheme during the inspection process. The aim is to maintain brand consistency while integrating the advanced technological insights of ProxyPics and Quantarium seamlessly.
Moreover, lenders can now facilitate self-inspection options for borrowers, streamlining the entire process. This approach not only heightens the user experience but also enhances efficiency significantly, allowing professionals to make more informed decisions moving forward.
Pioneering Technology for Smart Decisions
Quantarium’s QVM employs computer vision technology, offering insights into numerous metrics that affect property value such as quality, condition, and potential damage. The fusion of ProxyPics’ inspection methodologies with Quantarium’s advanced valuation capabilities results in data-driven insights that quicken lending decisions and bolster confidence in assessments.
ProxyPics' CEO, Luke Tomaszewski, expressed his excitement about the partnership, stating, "Combining our capabilities with Quantarium's advancements offers the industry a unique opportunity – to assess property condition and value concurrently, with speed and accuracy like never before. Our network guarantees access to the most current data, enabling smarter and faster lending choices."
In a similar vein, Clement Ifrim, CEO of Quantarium, remarked, "We are thrilled to join forces with ProxyPics, merging our cutting-edge QVM with ProxyPics’ innovative property inspection platform. This collaboration redefines efficiency and accuracy in property evaluations, empowering professionals in real estate with the tools they need to make informed decisions."
About ProxyPics, Inc.
ProxyPics is revolutionizing property data collection across the nation, utilizing patented technology to connect clients with local data collectors efficiently. With a wide array of services including 360-degree photos, video documentation, and 3D renderings, ProxyPics ensures comprehensive property visibility.
About Quantarium
Quantarium is recognized for its AI-infused property analytics and offers one of the most extensive databases in the real estate industry. Through its advanced AVM technologies, it sets benchmarks for transparency and accuracy in property assessment.
This new partnership signals a significant shift in how property data analytics will be conducted, ensuring that all stakeholders benefit from faster, more accurate analyses. As the landscape of the real estate sector continues to evolve, collaborations like this exemplify the innovation and technology at play in meeting the demands of tomorrow’s market.