Stewart Valuation Intelligence and Restb.ai Enhance VALIDITY Pro with AI for Appraisal Modernization
In its continuous efforts to advance the appraisal modernization movement in residential real estate, Stewart Valuation Intelligence (SVI) is teaming up with Restb.ai to bring its market-leading AI and computer vision technology to SVI’s VALIDITY, the company’s family of inspection applications, optimized for iOS and Android.
“Integrating the newest technologies drives the industry to adopt new ways to provide better quality and service standards to clients.”
Restb.ai, real estate’s leading AI-powered computer vision solutions provider, will initially integrate its advanced generative AI and computer vision software solutions into SVI VALIDITY Pro, utilizing its latest technology to improve property valuation quality. SVI services an extensive partner network with more than 37,000 active appraisers, brokers and agents in the field.
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“By embedding Generative AI and computer vision directly into VALIDITY, we are not just innovating; we are raising the bar for the entire industry,” said Aaron Fowler, President of Stewart Valuation Intelligence. “Generative AI and computer vision will significantly improve consistency in the valuation process, ultimately enhancing the overall valuation. This technology delivers a game-changing approach, ensuring that consistency in valuations is not an ideal but table stakes,” he added.
“By utilizing computer vision, we can improve turnaround times while providing exceptional quality reports,” said Matt Jenkins, VP Valuation Services at SVI. “Integrating the newest technologies drives the industry to adopt new ways to provide better quality and service standards to clients.”
Last summer, Fannie Mae announced it would use “image recognition” to detect incorrect quality and condition ratings. With SVI incorporating Restb.ai image recognition into their data collection process, VALIDITY Pro will significantly expand the reach of Restb.ai’s GSE-compliant image validation solution.
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“SVI’s reputation as an early adopter of transformative technologies is well-earned,” said Nathan Brannen, Chief Product Officer at Restb.ai, adding, “Their deployment of cutting-edge solutions has consistently elevated industry efficiency. Our shared vision for leading innovation and commitment to appraisal modernization is not just about keeping pace but about setting the pace. Integrating AI into the VALIDITY exemplifies our mutual dedication to advancing the future of valuation.”
Tony Pistilli, General Manager, Valuations for Restb.ai, an appraisal industry veteran and respected valuation expert, noted, “Image recognition technology is proving to be a must-have tool for everyone in the valuation chain, and SVI is leading the way.”
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