#United States #Irvine #ATTOM #property data #Transparent Owner

ATTOM Launches Transparent Owner

In an innovative move, ATTOM, a frontrunner in land and property data curation, has recently unveiled a powerful new product known as Transparent Owner. This tool is designed to offer clarity in the often murky waters of real estate ownership in the United States by identifying the true individuals behind residential properties. With ownership intricacies becoming more pronounced, the need for transparency is greater than ever.

The Essence of Transparent Owner

Transparent Owner has been developed using advanced proprietary techniques that blend public record data with machine learning and sophisticated linking logic. The primary aim is to expose and connect the beneficial ownership of properties nestled behind complex legal entities such as LLCs, trusts, and holding companies. This new dataset assigns unique Owner IDs and standardizes the myriad of name variations seen in public documents, ensuring users gain a comprehensive picture of who controls property.

Todd Teta, Chief Product and Technology Officer at ATTOM, emphasized the complexity surrounding property ownership today. He remarked, "Property ownership has gotten more complex, and public records do not always tell the full story. Transparent Owner helps our clients cut through that complexity and see the real picture."

Key Features of the Dataset

Transparent Owner brings several cutting-edge features, including:

• - Owner Name Standardization: This feature normalizes thousands of variations in records for individuals, LLCs, and trusts, enhancing consistency across jurisdictions.
• - Entity Matching: By employing geographic, linguistic, and behavioral signals, this process resolves owner identities across counties and legal entities, pinpointing true ownership.
• - Unique Owner IDs: Each owner is assigned a consistent identifier, enabling reliable tracking regardless of variations in name across different records.
• - Mailing Address Linkage: Whenever possible, resolved owner identities are connected to verified mailing addresses, aiding outreach and validation.
• - Owner Classification: The dataset classifies owners into categories like Person, Investor, Lender, Company, Education, or Government based on ownership patterns, making it easier to analyze trends and behaviors.

Leveraging Transparent Owner

Transparent Owner is available as a licensed dataset via Snowflake, ready for integration with other ATTOM products. The interconnected nature of these data offerings allows clients to cultivate a more holistic understanding of residential ownership and investment activities. Whether for decision-making in real estate deals or compliance checks, Transparent Owner stands out as an invaluable asset.

If you’re interested in this revolutionary tool, you can visit www.attomdata.com to request a demo and explore its capabilities.

About ATTOM

ATTOM empowers various industries with premium property data and analytics pertaining to roughly 158 million properties in the U.S., encompassing approximately 99% of the population. The multi-sourced data includes property tax, deeds, mortgages, foreclosure information, environmental risks, and more, all meticulously validated through a strict 20-step process linked by a unique ATTOM ID. With its diverse delivery solutions ranging from Property Data APIs to AI-Ready datasets, ATTOM supports better decision-making across sectors such as real estate, mortgage, government, and insurance.

For media inquiries, contact Megan Hunt at [email protected].