[Editor's note: A previous story on this agreement published on June 6 contained incorrect information.]
Utah-based REO asset manager Green River Capital said it entered into an agreement with Phoenix-based Realty Pilot to enhance Green River's valuation platform.
Realty Pilot, which provides cloud-based real estate technology, enhanced the platform used by GRC’s Infinity Valuation Services unit, Green River said in a news release.
The improved platform gives agents access to multiple listing service data directly through the IVS online platform, which automatically populates data input fields with information regarding comparable properties selected by the user.
“This integration significantly improves our agents’ productivity by dramatically reducing data entry when performing valuations,” said Lorenz Schwarz, COO of GRC.
“Realty Pilot's technology will advance the functionality of our existing systems, providing greater reporting capabilities and improved process transparency," Schwarz said.
Realty Pilot provides a suite of automated solutions to the real estate market, including integrated nationwide MLS data.
Infinity Valuations Services provides broker price opinions and appraisals to the mortgage and REO industries.