Company recognized for innovation in global real estate technology industry
RENO, Nev. — August 30, 2021 —
Clear Capital, a real estate valuation and analytics fintech leader, today announced that its ClearInsight™ app was named “Property Valuation Tool of the Year” in the inaugural 2021 PropTech Breakthrough Awards. PropTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products, and services around the globe.
“At Clear Capital, we’re committed to creating innovative solutions to the real estate industry’s most prominent and challenging issues,” said Kenon Chen, executive vice president of corporate strategy at Clear Capital. “We’re honored to have this commitment and our product recognized by a prestigious organization such as PropTech Breakthrough.”
ClearInsight is an easy-to-use mobile app that enables real estate professionals, homeowners, and appraisers alike to quickly generate a complete digital picture of a home. This technology is part of Clear Capital’s growing suite of innovative technology and data-driven products aimed at solving the real estate and mortgage industry’s most pressing challenges.
ClearInsight automatically calculates the home’s gross living area (GLA) through an integration with CubiCasa, and generates a high-fidelity floor plan sketch of the home, including interior walls. The tool’s functionality and output empower real estate professionals, appraisers, and other users to efficiently produce a trustworthy property report.
Despite the pandemic, 2020 was a year of growth for Clear Capital. In addition to expanding its team, Clear Capital has rolled out ClearCollateral® Review, a review system that automates collateral underwriting in compliance with internal credit policies and GSE guidelines, and introduced ClearLabs™, an in-house innovation lab set out to solve the real estate and mortgage industry’s most pressing challenges. Through ClearLabs, Clear Capital launched a nationwide Modern Appraisal solution that leverages mobile technology and non-appraisers in the property data collection process, as well as OwnerInsight™, a free, consumer-friendly mobile tool that enables safe social distancing in the appraisal process.
About Clear Capital
Our story began in the mountain town of Truckee, California 20 years ago, when we pioneered delightfully simple, web-based valuation technology solutions for an industry relying on paper. Today, we’re grateful to call the nation’s largest banks and financial institutions our customers. We’ve grown to nearly 800 team members who share and embody our unwavering commitment to build a better way. As we continue our journey to modernize valuation, we’ll hold on to our promise from day one: to go wherever it leads and do whatever it takes to serve our customers with remarkable technology and uncompromising service. Discover more at ClearCapital.com.
About PropTech Breakthrough
Part of Tech Breakthrough, a leading independent market intelligence organization for global technology innovation and leadership, the PropTech Breakthrough Awards program is dedicated to honoring and recognizing the creativity, hard work and success of companies, technologies and products in the larger field of real estate technology. The PropTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough Real Estate Technology companies and products in categories including Financing, Property Management, Short Term & Vacation Rental, Shared Space, Marketplaces, Investment & Crowdfunding, Agent Tools & Services, Property Closing, Insurance, Construction Tech, and more. For more information, visit PropTechBreakthrough.com.
Laura Grace Pustmueller
Caliber Corporate Advisers for Clear Capital