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Real Info Signs AVM Reseller Agreement with PlatinumData Solutions
PlatinumData Solutions to Act as a Reseller of Real Info AVM Products
BUFFALO, N.Y. — Aug. 4, 2005 — Real Info, Inc., a national real estate valuation company, and PlatinumData Solutions, an AVM service provider for the mortgage industry, have signed a reseller agreement which allows PlatinumData Solutions to act as a reseller of Real Info’s AVM products. AVMs provide an electronically generated valuation of residential properties. PlatinumData Solutions will act as a reseller of Real Info’s i-Val™ Report.
This partnership allows PlatinumData Solutions to broaden its product offerings and provide more options for accurate, high-quality valuations over a wider service area. For Real Info, the alliance is an opportunity to expand its customer base and to generate awareness of its extensive AVM product lines. Real Info’s i-Val report uses sale price history and property characteristics to determine a valuation.
“This partnership is important because it allows us to introduce our AVM products to a whole new customer base,” said James Kirchmeyer, president of Real Info, Inc. “It also permits us to partner with a company that shares our commitment to quality information services.”
“Mortgage lenders and investors require AVM tools that can deliver reliable valuations in specific geographies,” said Rocky Donathan, president of PlatinumData Solutions. “i-Val allows our platform (xx geographic region) users to consistently receive a more detailed and complete valuation for a specific property there. PlatinumData’s next-generation cascading AVM platform continues to provide mortgage loan professionals and others with the opportunity to pre-select AVMs, as well as receive specific reports tailored to the user’s history. We are confident that i-Val will be a success on our platform and look forward to providing this AVM to our customers.”
Real Info, Inc., headquartered in Buffalo, N.Y., provides automated property valuations to home equity lenders, credit unions, and real estate professionals. The automated valuation model (AVM) services allow clients to streamline the appraisal process with cost-effective, accurate, and time-saving solutions. Real Info uses its proprietary Internet delivery technology to provide searchable real estate data on over 85 million parcels across the United States through its realAccess™ subscription service. Real Info is a partner company of Kirchmeyer & Associates, a full-service, traditional appraisal company. For more information, visit www.real-info.com or call 1-800-771-5246.
PlatinumData Solutions is a provider of next-generation cascading automated valuation model (AVM) tools that allow mortgage-based businesses to save time, manage risk, and better manage quality control resources. The PlatinumData platform was developed to advance beyond first-generation cascading AVM offerings through the application of XML-based Web services technology and by providing superior customer service. Today, the Platinum Data platform leverages 13 of the premier AVM models, and focuses on improving its customers’ experiences through its commitment to ease-of-system configuration and management, and by enabling customization to meet specific customer needs. For more information, visit www.platdata.com or call 1-877-711-1200.
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