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Real Info, Inc. Joins Forces With Kirchmeyer & Associates, Inc.

Partnership Results in Total Valuation Solutions:
From AVMs to Traditional Appraisals

BUFFALO, N.Y. — April 11, 2003 — Real Info, Inc., a Western New York real estate automated valuation and data company, has partnered with Kirchmeyer & Associates, Inc., a full-service appraisal company. The collaboration between the two companies affords complete valuation solutions to a variety of industries and professionals, including home equity lenders, credit union administrators, and real estate professionals. Services include automated valuation models (AVMs), realComps ™ and realTrend™ Reports, drive-by appraisals, and traditional appraisals.

The business alliance was created in order to manage and monitor the entire appraisal and valuation process with increased efficiencies. AVMs are online databases that can match up similar properties to summarize the range of sales prices that have historically been recorded for a property. If an AVM does not provide a value, the appraisal can be immediately upgraded to a drive-by appraisal or a traditional appraisal.

James A. Kirchmeyer, president and CEO of the two companies, explains, “Our total valuation solution means that we offer multiple AVM levels and multiple AVM products, with or without insurance. No-hit AVMs can be automatically upgraded to drive-by or full appraisals, providing a property value in every instance.”

Kirchmeyer & Associates, Inc. (http://www.kirchmeyer.com) is a full-service residential real estate appraisal company founded in 1994. The firm has New York State offices in Buffalo, Rochester, and Syracuse.

Real Info, Inc. (http://www.real-info.com) provides automated property valuations to home equity lenders, credit union administrators, 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, Inc. also uses its proprietary Internet delivery technology to provide searchable real estate parcel information on over 85 million parcels across the United States, through its realAccess™ subscription service.

For more information, visit http://www.real-info.com or call (716) 558-2800.

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