GSES seeks more accurate and objective insight into the financial situation, making a partnership debut at Partnership Expo
True Footage is a technology-driven evaluation and valuation company that transforms housing ratings across the country and a leader in the real estate industry in AI and computer vision technology, RESTB.AI has announced a new collaboration that will significantly reduce time from the evaluation process.
By leveraging RESTB.AI's AI-powered condition and quality (C&Q) scoring, true footage helps evaluators produce faster, more objective and fully documented evaluations when government-sponsored companies (GSEs) are pushing for modernization of evaluations.
“True footage empowers evaluators with the best technology available to redefine how they perform evaluators.”. “By leveraging RESTB.AI's AI leadership, we are at the forefront of innovation and give evaluators a technology-enabled workflow that increases accuracy, transparency, and efficiency, and produces more documented and compliant evaluations.”
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With operations from 29 states, including most major markets, true footage offers assessment tools such as Trueracts, a platform that enhances appraiser decisions by emerging data-driven insights from thousands of real-time calculations. It helps you move faster without sacrificing control and unlocks levels of analysis depth that cannot be achieved by a manual process alone.
By integrating Restb.ai's C&Q scoring, true visual appraisers can not only sort and select more efficiently, but also leverage large property conditions and quality data to derive more reliable adjustments. This reduces the dependence on subjective judgments and removes important unknowns from the adjustment process.
By automating and standardizing C&Q ratings across thousands of properties, this integration helps generate more accurate and defensible adjustments not only in quality and condition, but also across feature sets.
“Appraisers want to focus on analysis rather than reviewing boring manuals,” said Tony Pistili, president of assessment at Respb.ai. “Affiliation with True Focus not only provides real-time savings to appraisers, but also provides a less subjective and a rating that is consistent with the drive to modernize the industry.”
This partnership will benefit appraisers, valuation companies and lending professionals such as:
- Faster and more efficient evaluation: AI-powered C&Q scoring allows appraisers to identify comparable conditions without manually reviewing dozens of listing photos.
- More documented and accurate adjustments: An objective image-based assessment of property conditions and quality reduces subjectivity and results in more defensible reports.
- Support for GSE UAD Modernization: Meets new requirements (UAD 3.6) to individually assess the quality of internal and external conditions and properties, helping appraisers to continue to comply.
The Truetracts platform will be demonstrated at Valexpo in Las Vegas on August 11-13, and as part of Restb.ai's joint commitment, it will demonstrate a joint commitment to providing appraisers with excellent tools and supporting industry modernization efforts.
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