AssetVal, a valuation company known for delivering high-quality Broker Price Opinions (BPOs), is partnering with Restb.ai for integration of its advanced computer vision technology to elevate the consistency and accuracy of its residential BPO offerings, according to a press release.
This AI (artificial intelligence)-driven tool enables AssetVal to validate the condition and quality of both subject properties and comparables, helping reduce valuation drift and deliver more consistent price opinions at scale.
BPOs, a staple of real estate’s valuation ecosystem, are often vulnerable to variation between agents and assignments. AssetVal’s leader said deploying Restb.ai’s property intelligence capabilities helps the firm deliver a new level of objectivity and precision to BPO analysis, modernizing the process while maintaining its trusted human foundation.
“At AssetVal, we’ve built our reputation on delivering high-quality valuations – and BPOs are no exception,” AssetVal CEO Tami Rund said in the release. “Restb.ai’s AI solutions allow us to validate property condition and quality more consistently to improve BPO accuracy, giving our clients greater confidence in every price opinion we deliver."
AssetVal’s integration of Restb.ai brings automation to its BPO workflow, enabling the heightening of the quality of BPOs leveraging Restb.ai solutions to detect property conditions and quality more consistently and objectively along with a greater BPO accurately matching comparables of similar condition and quality.
Additionally, a reduced valuation drift’s capabilities will help mitigate inconsistencies between multiple BPOs on the same property, an ongoing challenge in high-volume servicing environments.
“AssetVal is setting a new standard for BPO quality,” Restb.ai Valuation President Tony Pistilli said. “By embedding our computer vision capabilities, they’re enabling their broker network to focus on valuation insights instead of subjective image review, all while improving consistency across the board.”