Valuation Review Management Platform mitigates risk with intelligent valuation review
Reno, NV — October 5, 2015 — Clear Capital (clearcapital.com), a premium provider of data and solutions for commercial and residential real estate asset valuations, announced today the availability of ClearCollateral, an intelligent valuation review platform that mitigates risk by analyzing report valuation accuracy and report quality. The platform grasps the user’s view of valuation accuracy and report quality through configurable rules and tools.
“Valuation quality is crucial to the health of the industry”, said Kevin Marshall, President and Co-Founder of Clear Capital. “Well-supported reports, validated by better data, will help reduce valuation risk and lead to better decisions. However, data exists everywhere–the difference is where this data is found, and what you do with it. As longtime valuation practitioners, we pull the most timely, appropriate data daily on our own reports. For over a decade, we’ve been using ClearCollateral to quality assure valuation reports and build operational efficiency in our own review process.”
ClearCollateral reduces valuation risk by analyzing reports for valuation quality, and supplementing the user’s human and automated review with the most recent MLS activity, public records and Clear Capital’s proprietary database, ClearComps, which is over 120 million property records.
ClearCollateral goes beyond just data–it also creates operational efficiency through an automated workflow, and builds a reliable audit trail–all in one solution. Valuation Review Cases organize all valuation reports, supporting documents, analytical reports, rule results, and comparable research tools for a given subject property into one case.
Other features include Comparable Ranking, Geospatial Views, and Scatter Plots, which give users more insight on the local market through interactive grids, maps, and charts. Instant Street View and Links to Property Research Sites also give users a closer look at the subject property and top ranked comparables by opening a full page instant street view.