SAN FRANCISCO — March 27, 2017 — HouseCanary, the leading provider of modern valuation and appraisal solutions, announced a collaboration with premier Southeast region appraisal management firm SouthEastern Evaluation (SEE). This new partnership with SEE will give SEE’s appraisers access to the speedy appraisal technology offered by the country’s most prestigious appraisal management companies and will further the expansion of HouseCanary’s Agile Appraisal platform, a fast, flexible valuation platform with full USPAP and FIRREA compliance. SEE will provide HouseCanary’s technology products to its appraisers and will also work to fulfill Agile Appraisal orders, accelerating Agile Appraisal’s already industry-leading appraisal completion time.
Agile Appraisal delivers results quickly by combining the deepest, most finessed real estate data in the industry with HouseCanary’s proprietary analytics and with the expertise of local appraisers — all at a lower cost than a Fannie Mae Form 2055. Agile Appraisal also utilizes an exterior inspection and delivers the final report to a licensed local appraiser for final review, elevating human expertise while still employing the latest in valuation technology to accelerate the process. The entire experience is fast, accurate, affordable, and allows appraisers to maintain full compliance.
As part of the partnership, SEE is putting Agile Appraisal in the hands of its appraisers, allowing them to continue their top-notch service for clients by completing a higher volume of appraisals than ever before while still maintaining the accuracy and confidence expected of an appraiser. Agile Appraisal gives appraisers the ability and option to use regression-based adjustments for location, time, and property characteristics, all while leveraging accurate AVMs and block-level valuation ranges to conducted automated checks of the final value. With this technology, HouseCanary and SEE will carry the appraisal industry into the 21st century and beyond.
“Our partnership with SEE will continue modernizing the appraisal landscape,” said Alex Villacorta, PhD, HouseCanary’s Executive Vice President of Analytics. “With the Agile Appraisal platform, appraisers can efficiently spend their time and attention on the most critical and detail-specific aspects of the valuation, especially when utilizing our integrated tools around comp selection and adjustments. Agile Appraisal also provides quality checks at completion, reducing revisions and saving time for all parties. Our partnership will bring efficiency and consistency to property valuation clients through this innovative and proprietary bifurcation process.”
About SouthEastern Evaluation:
SouthEastern Evaluation is headquartered in Greenville, South Carolina. SEE operates throughout the southeast and midwest. Simple, Reasonable and Dependable is how SEE has operated since 2009. SEE specializes in the Evaluations/Limited Scope appraisals and management of commercial and residential real estate appraisals. SEE offers a turnkey approach to the appraisal process from start to finish. SEE was established to assist banks, mortgage companies and credit unions with maintaining compliance and to provide regulatory guidance. Our team understands the needs of our clients and appraisers. SEE has a solid understanding of the requirements of FNMA, FHLMC, USPAP About Truth-In-Lending and the requirements contained Dodd-Frank.
Founded in 2013, HouseCanary’s mission is to help people make better real estate decisions. Built on a foundation of great data, powerful models, and predictive analytics, the HouseCanary platform aggregates millions of data elements, including more than four decades of property data and a rapidly expanding arsenal of proprietary calculations and analytics, to accurately define (determine) market influences and forecast values. HouseCanary is financed by notable investors including Hillspire (Alphabet Executive Chairman Eric Schmidt’s family office), PSP Growth/PSP Capital (firm founded by entrepreneur and former Commerce Secretary Penny Pritzker), Alpha Edison, ECA Ventures, Raven Ventures and others top Silicon Valley investors. The company is headquartered in San Francisco.