Power your Real Estate App with Data from PubRec.PropMix

PropMix already powers various solutions in the real estate industry – lead generation apps, transaction platforms, title processes, broker portals, and a lot more. We are democratizing real estate information to fuel innovation in the industry. Deep and nationwide real estate data is not just for large companies anymore; any size company can begin building their app in just a few minutes.

PubRec.PropMix is a single-stop shop for any public data on real estate delivered via simple APIs. Access standardized and consistent data on every property in the United States – 151 million+ properties across more than 3100 counties. Start with a small footprint and grow nationwide without making a single change in your application. We have over 300 attributes of public data on a property including – property characteristics, assessment and tax information, owner information, last sale date etc. You can add more data sets anytime – mortgage, deed, foreclosures, and more.

 

 

In addition, we have been computing deep insights from this data such as property values, rent values, mortgage LTVs, predictions on sale, etc. so that you can kickstart your idea with readily available insights.

To get started you can sign up to receive your access token, integrate data and insights using our flexible APIs within minutes, and you can be off to demos and selling your product. You pay for what you use.

Check out pubrec.propmix.io to sign up and get started with the APIs.

Read more about the PubRec launch at https://www.propmix.io/propmix-announces-the-launch-of-pubrec/

PropMix Announces the Launch of PubRec, A Single-Stop Shop for Any Real Estate Public Record Data

MANHASSET HILLS, N.Y., Oct. 17, 2019 – PropMix announced the launch of PubRec, a single-stop shop for any public data for Real Estate delivered via APIs. It provides industry’s first customizable APIs for searching properties by property characteristics, assessment and tax information, owner information, last sale date etc. PubRec provides more than 100 data points on each property by amalgamating data from various sources. This can be scaled up to over 300 attributes of public information that PropMix maintains for each property. All this data is gathered, cleansed, standardized, and hosted on scalable infrastructure with a simple and highly performant API interface.

PubRec provides more than 100 data points on each property by amalgamating data from various sources. This can be scaled up to over 300 attributes of public information that PropMix maintains for each property. All this data is gathered, cleansed, standardized, and hosted on scalable infrastructure with a simple and highly performant API interface.

PubRec covers 151+ million properties nationwide across residential and commercial properties, spread across 3,100+ counties. Machine learning and complex heuristics are applied to arrive at the best quality data and then delivered at the most competitive prices in the industry.

Building on PubRec’s success in numerous businesses, PropMix has decided to open the APIs to a much larger audience via its self-service portal located at pubrec.propmix.io. Investments made in existing applications can be easily empowered with more content from PubRec. PubRec can also offer mortgage and deed data history and could combine any distressed sale information such as foreclosures. Users can track usage online any time. Check out pubrec.propmix.io to sign up and get started using the APIs.

About PropMix

PropMix.io LLC, an Innovation Incubator Inc portfolio company, offers a ground-breaking Real Estate Smart App Development Platform that enables the Real Estate ecosystem to easily consume and monetize data and insights and build Smart Solutions. PropMix’s platform and solutions are widely used by mortgage lenders, appraisers, realtors, and investors. Built on industry open standards for global scale, PropMix.io empowers users to engage with data, make decisions using insights and build the real estate technology of the future. Headquartered in New York, we also have presence in Boston MA, Leesburg VA, Freehold NJ in USA and Trivandrum, Kerala in India.

Media Contact: Sakeer Hassan, sakeer@propmix.io

Using Sally APIs to Auto-Label and Auto-Organize Images In an Appraisal Report

With the release of Market Conditions Advisor we have been receiving multiple requests to integrate Sally image recognition APIs into existing AMC software. This post intends to provide some specific information on one of the uses of Sally APIs and how to use it.

Image Rules for Appraisal Quality Reviews

The GSEs – Fannie Mae and Freddie Mac – are quite stringent in their requirement for the type, number and quality of images attached to an appraisal report. For instance, Fannie Mae requires that exterior images include front, back, and a street scene of the subject property and the front of each comparable. All properties must be appropriately identified.

Fannie Mae also requires interior of the kitchen, all bathrooms, and the main living area, while also providing examples of recent restoration, remodeling and renovation, and physical deterioration, if present.

To meet these photo requirements, appraisers spend valuable time during report preparation collating and organizing the photos of the subject property and searching and finding the best photos of the comparables.

Automating the Image Rules Using Sally

Some of these mundane and time consuming tasks can be easily automated using the Sally image recognition APIs. You can use the APIs to select the images for different room types required, check for the right quality of the images, and reject the ones that do not meet the standards prescribed. If there are no acceptable images for a specific room type, Sally can alert the appraiser accordingly.

In addition, the API can also return the images in a preferred order for direct inclusion in the appraisal report.

How do we implement this?

This is how your appraisal management software can easily make use of Sally:

The key step is to fetch a label for all the subject property and comparable photos from Sally. Once you have it, you can then make decisions on what to include and how to organize the photos. Sally provides the following APIs to do exactly that:

GetLabelsForImage:  With this API you would pass one or images as URLs or files to this API and receive an automatic label for each image.

GetListingDetails w/ labels & auto organized images:  This is a much simpler API to use. You can provide a listing ID or the full address of the property and Sally can find the photos for the property, label them, and organize them based on your preferences. And of course, use of this API requires that you have your MLS credentials.

Parallel and Background Processing of Images

Note that most image recognition processes can take about 1-2 seconds to complete for each image. With about 25 images on the average for a subject property this can quickly add up. First of all the Sally engine has a built-in parallelism to process multiple images at the same time. This would reduce the total processing time for a subject property to about 10-15 seconds. In addition, for the best user experience we recommend that you invoke Sally in the background while an appraisal report is being prepared by the user. You can then use the API responses to auto-label and auto-order the images and only generate alerts when there are warnings or errors.

Please contact us at support@propmix.io for further details of the APIs and code samples.

Reference: https://www.fanniemae.com/content/guide/selling/b4/1.2/01.html

School Data APIs: Enrich Real Estate Data with Local School Information

Now you can easily retrieve school information for any property in the US through new APIs released recently. This is another step in PropMix’s ongoing journey to provide a one-stop shop for all your real estate data and insights needs.

These APIs enable you to search for public and private schools or school districts across the nation for any property based on attendance boundaries, geographic areas such as Zip or City, or within a radius from from the property.

We often ask from agents and appraisers are:

  • Add additional information to property detail pages on IDX sites
  • Map school attendance and district boundary information to better understand property values

The new API methods available are:

  • GetSchoolsByGeo
    Find public and private schools within a Zipcode, City, County or State
  • GetSchoolsByRadius
    Find public and private schools within a particular distance from a property or  any geocode
  • GetSchoolsByDistrict
    Find schools within a public school district. School districts can be found using GetSchoolDistricts API.
  • GetSchoolDistricts
    Find school districts within a state or school district applicable to a Zipcode

We recently also added an API specifically for IDX usage:

  • GetSchoolsForProperty
    This API would find all the public schools for the property based on attendance boundaries and also include local private schools. The same API would fetch a GreatSchools rating for each school using your GreatSchools API key.

In addition to their core function, these APIs provide a number of ways to filter the school data retrieved – keywords, grades offered, school affiliations, etc.

All the APIs respond with various school attributes including NCES School ID, State School ID, NCES School District ID, State School District ID, whether public or private, charter or not, grades offered, school grade level, school affiliations, etc. Upgraded APIs could also provide deeper analysis such as demographics, test scores, etc. if required.

Stay tuned for upcoming API releases and application enhancements (such as Market Conditions Advisor) that combine school data with home sale data:

  • GetListingsBySchool
    Find all homes for sale within your favorite school’s attendance boundary
  • GetListingsBySchoolDistrict
    Find all homes for sale within your target school district

Listing data will only be available to MLS participants based on permissions and entitlements defined by the MLS.

GreatSchools is a trademark and copyright of GreatSchools.org

How to build a hyperlocal real estate portal to drive your business?

As a Real Estate Agent or Broker how do you differentiate your website from Zillow, Realtor.com, or Redfin to attract visitors and generate leads via your online presence? One of the key benefits that agents offer is their knowledge of the local market and neighborhoods to help identify the best suited locality for a potential buyer or to help homeowners prepare and price their properties for sale.

As a Real Estate Agent or Broker, your time should be spent on building your business, not worrying about the nitty-gritties of setting up and maintaining a website. PropMix has recently launched a plug-in that allows you to set up a listing search website in a few minutes. It is a complete Real Estate solution in one plug-in. It is easily configurable and flexible. It provides properties details over and above MLS data such as Agent contact details, home fair market value, neighborhood and school information. The plug-in also allows search by polygons and multiple search results layouts to choose from.

blogsearch

There are three modules available currently in the plug-in – the search widget, the property results widget, and the research widget. The search widget allows you to search for listings in an area by providing the zipcode, city or state. The property results widget allows to get details of properties within the specified filter parameters. The research widget lists cities within a state, neighborhoods within a city, and demographics including school district, neighborhood details, population details, commute, and so on.

The highlights of the plugin are:

– Search for a property with the search widget

– Property details in different views available through the property results widget

– Additional details of a specific property available in layouts chosen by the Agent

– Property listings by zip code, city or state

– City details with demographics and description

– Neighborhood information

– Mark properties as  favorite for future reference

– Integrated school district data

– Commute details of a locality

The plug-in enables you to embed a few lines of code in your website, and it is ready to be used. The plug-in provides MLS data that is fetched using the MLS credentials of the Agent and/or Broker. All you need in addition is the credential for using this plug-in, which can be obtained by contacting us at support@propmix.io. You can also contact us to schedule a demo of the plug-in.

 

Can you upgrade your current appraisal software to be at the cutting edge of the market?

Do you feel that your appraisal software is missing a lot of advances that are happening in the appraisal software market? Do you see your competitors use the latest in technology and products to create appraisal reports more effectively and saving a lot time in the process? Is that affecting your ability to service your customers competitively?

software

PropMix allows you to extend your existing appraisal management software through the highly flexible MCA product for appraisers. MCA has a number of data, insight, and productivity enhancing features that can be plugged directly into your existing appraisal software. You can continue to use your existing software, while using the unique features in MCA through a Single Sign On (SSO) option. If you are an appraisal software provider, MCA can be white labeled for use from your product suite.

The key features of MCA are:

  •    Integrate with any software in the market today with multiple export/download options – CSV, XML, MiSMO, Forms Software, PDF
  •    Single Sign On options for white labeling or partnered solutions
  •    Public records can be automatically appended to the listing data
  •    Print full reports or custom listing sheets
  •    More search capabilities and API Options – Geographic, Polygon and Radius Search Capabilities.
  •    Nimble technology team can offer custom solutions and development if required
  •    Exclusive Sally Image Recognition
  •    Auto population of data and imagery
  •    Proprietary algorithms to estimate Fair Market Value
  •    MCA offers an all in one solution to research, select, download, print and export.
  •    More export/download options – CSV, XML, MiSMO, Forms Software, PDF
  •    1004MC and local insights & analytics Included
  •    On the fly similarity scoring
  •    More MLS relationships in key markets than the competition

Are you aware of the latest trend in the appraisal market?

As you may have guessed, Image recognition is the latest trend that is sweeping the appraisal market. It is no longer an option to have image recognition as a service with an appraisal management software. Customers are demanding better and accurate tagging of images to make the reports comply with industry standards.

sally

We have solved the image recognition problem in real estate using our decades of real estate experience and deep AI knowledge. We have trained Sally – our image bot – on a million images to help you automate the labeling of all your photos, organize them, choose the best thumbnail image, and improve your SEO hits.

Best of all, you can compare rooms side-by-side using photos. See a demo of this at sally.propmix.io. You can learn more about Sally at https://www.propmix.io/sally.

Some of the key advantages of MCA are:

  •        Public Records can be automatically appended to the listing data
  •        Print Full Reports or Custom Listing Sheets
  •        Auto Population of data and imagery
  •        Proprietary algorithms to estimate Fair Market Value  o
  •        More search capabilities and API Options – Geographic, Polygon and Radius Search Capabilities.
  •        MCA offers an all in one solution to research, select, download, print and export.
  •        More export/download options – CSV, XML, MiSMO, Forms Software, PDF
  •        1004MC and Local Insights & Analytics Included
  •        On the fly similarity scoring
  •        Single Sign On options for White Labeling or Partnered Solutions
  •        Nimble Technology Team can offer custom solutions and development if required

Get powerful insights along with accurate nation-wide data to enhance your appraisal reports

Appraisal reports are going through a disruptive change in their content and presentation. It is no longer sufficient to provide the subject property details and comps. Customers and appraisers are looking for more value that they can get out of these reports. How about better identification of comps, similarity scoring of comps, and advanced local inventory analysis? Or even better, using image recognition to improve the images included in your report.

PropMix has a full suite of data insights that can be easily added to your appraisal reports.

  •    Sally image recognition provides an exclusive solution to label rooms, identify amenities, and compare rooms side-by-side.
  •    Proprietary algorithms to estimate Fair Market Value allow the appraiser to have a second opinion on the value of the property.
  •    1004MC and local insights and analytics included as part of the standard package
  •    On the fly similarity scoring that helps identify the most suitable comps for a subject property, while allowing the appraiser to correct property details and update the similarity score in real-time.

powerfulinsights

Some of the other advantages of MCA are:

  •    Public Records can be automatically appended to the listing data
  •    Print Full Reports or Custom Listing Sheets
  •    Auto Population of data and imagery
  •    More search capabilities and API Options – Geographic, Polygon and Radius Search Capabilities.
  •    MCA offers an all in one solution to research, select, download, print and export.
  •    More export/download options – CSV, XML, MiSMO, Forms Software, PDF
  •    Single Sign On options for White Labeling or Partnered Solutions
  •    Nimble Technology Team can offer custom solutions and development if required

Is adequate data coverage a constraint in growing your business?

As an appraisal management company, it is exciting to have your business grow by leaps and bounds through the quality of your reports and the service that you provide to your customers. But with growth comes the challenge of getting listings and comps data that are reliable, accurate and timely in order to extend the same levels of service to your new territory. This is not optional  given that you are a new player trying to differentiate yourself from the existing players.

data coverage

With PropMix MCA, not only are you assured of nationwide coverage of data, but data of the highest quality in the market. You can expand to any location with data that is reliable and RESO compliant. Our data goes through stringent quality checks to ensure that you get the best possible information in the market. We use our proprietary algorithms to fill in and update listing records using past records.

Some of the key advantages of MCA are:

  •        Public Records can be automatically appended to the listing data
  •        Print Full Reports or Custom Listing Sheets
  •        Exclusive Sally Image Recognition
  •        Auto Population of data and imagery
  •        Proprietary algorithms to estimate Fair Market Value  o
  •        More search capabilities and API Options
  •        More export/download options – CSV, XML, MiSMO, Forms Software, PDF
  •        1004MC and local insights & analytics Included
  •        On the fly similarity scoring
  •        Single Sign On options for white labeling or partnered solutions
  •        Nimble technology team can offer custom solutions and development if required

PropMix’s MCA is now MISMO compliant

The MISMO standard has enabled a common language for exchanging data among entities involved in the mortgage finance industry. This has resulted in faster data transmission across systems, better data quality, and more efficient processing. These steps have reduced costs, created more transparency, and improved the productivity of the housing finance ecosystem.

PropMix has adopted the MISMO standard in the Market Conditions Advisor (MCA) product trusted by many appraisers for automated comp selection and local market insights. With this change MCA is able to seamlessly interoperate with other products in the appraisal process.

The standardized XML format and the standardized data allows for easy integration between MCA and other appraisal forms software. This will reduce the need for repetitive work on different platforms. Comparable and market insights can be fed straight into an appraisal software from MCA. The MISMO standardized data allows for consistent interpretation of the property details for improved valuation accuracy and appraisal quality reviews. By eliminating the need for interpreting certain unique fields and/or enumerations, users can process the XML generated straight through.

By adopting MISMO PropMix is committing to innovate and lead the technology and market shifts in the real estate appraisal industry. We compete and differentiate ourselves on the quality of data and insights delivered to the appraiser to ensure  customer loyalty instead of using proprietary interfaces to lock them in. We are sure this will provide greater flexibility and convenience to our customers to use the platforms they find best for specific business solutions.

MISMO is the trademark and copyright of MISMO – Mortgage Institute Standards Maintenance Organization, a not for profit volunteer driven subsidiary of the Mortgage Bankers Association.