Leading appraisal software and services company, Tyler Technologiesembeds Nearmap Aerial imagery and data into its proprietary property appraisal system to streamline the appraisal of millions of properties across the United States
SALT LAKE CITY, June 6, 2022 /PRNewswire/ — The appraisal of millions of properties by US government officials and real estate appraisers is vastly enhanced and streamlined after a strong partnership with a leading location information and aerial imagery company. Nearmapand America’s largest provider of mass computer-assisted appraisals (CAMA) for real estate, Tyler Technologies (Tyler).
Across the United States, Tyler’s bulk valuation, tax billing and collections software solutions help ensure fair and equitable real estate valuations and timely taxation of more than 97 million real estate packages.
The innovative partnership offers users the most comprehensive real estate appraisal solution available in the United States. By working with Tyler to streamline the entire appraisal workflow, Nearmap helps Tyler’s clients complete multiple appraisals in the time it would take to physically tour a property. The solution will integrate regularly updated, high-quality nearmap aerial imagery and location data into the workflows of Tyler’s mass assessment system. This will result in even more efficient and accurate property appraisal and appraisal processes, allowing users to remotely and more easily identify data changes and discrepancies in properties.
Jake WilsonSenior Vice President and General Manager of Tyler Technologies said: “Local governments are striving to introduce fair and equitable property tax systems for residents. Streamlined data collection and quality control – preventing data errors and omissions early in the process – will increase confidence in property valuation. This also reduces costs and time-consuming disputes for property tax administrators.”
Mr. Wilson continued, “Tyler has been the trusted partner for integrated solutions spanning the property development and property tax lifecycle for more than 70 years. We are excited to partner with Nearmap, who have the leading location intelligence offering on the market, to enhance Tyler’s property appraisal solution and create the industry’s most comprehensive property appraisal management solution.”
Don WeigelSenior Vice President of Products at Nearmap, said, “The ability to embed Nearmap’s leading location data and aerial imagery with Tyler Technologies’ comprehensive offering in bulk computerized valuation, valuation management, tax processing and collections creates an unparalleled and enduring real estate solution.”
“Real estate appraisals and appraisals depend heavily on access to timely, accurate, and validated real estate, building, and real estate market data. Nearmap aerial imagery helps bridge this gap by providing clear and up-to-date aerial imagery that helps thousands of users power virtual website visits for data-driven real estate insights that enable better-informed decisions, streamline operations, and contribute to an improved bottom line.”
By integrating regularly updated aerial imagery and location data into system operations, Tyler clients can access a more comprehensive real estate solution. Users can manage every step of the property appraisal process while streamlining day-to-day operations, analyzing appraisal data and producing fair, equitable and defensible property appraisals.
Joe WehrliEnterprise Architect for Tyler Technologies said: “The transition from manual collection and verification of real estate data to a more holistic automated approach is the first step in the next wave of evolution for the appraisal agency.”
“This integration ensures real estate appraisers have the right image at the right time for the job at hand. It helps offices streamline day-to-day operations by improving data-driven decision making and streamlining tasks to increase efficiency and save time and taxpayers’ money.”
Mr. Weigel added: “Across organizations North America continue to be attracted to the diverse and innovative uses for nearmap content and solutions. Nearmap can enhance a wide range of systems and platforms in the government, insurance and commercial sectors with high-resolution, regularly updated, real estate-specific geospatial content through our widget technology. This saves software developers and platform providers the time, effort, and money required to develop simple and efficient mapping tools to access Nearmap Property Intelligence data.”
Nearmap location technology and content is now used by government customers in 42 of the 50 US states that offer location data.
About Nearmap | nearmap.com
Nearmap (ASX:NEA) provides easy, instant access to high-resolution aerial imagery, city-scale 3D content, AI datasets, and geospatial tools. Using its own patented camera systems and processing software, Nearmap captures large-scale urban areas in The United States, Canada, Australiaand New Zealand several times a year and makes up-to-date content available immediately in the cloud via web app or API integration. Nearmap helps thousands of users every day conduct virtual on-site visits to gain deep, data-driven insights that enable informed decisions, streamlined operations, and better financial performance.
Founded in Australia As of 2007, Nearmap is one of the largest aerial imaging companies in the world and is listed on the Australian Securities Exchange.
About Tyler Technologies, Inc.
Tyler Technologies (NYSE: TYL) provides integrated software and technology services to the public sector. Tyler’s end-to-end solutions empower local, state, and federal government agencies to work more efficiently and connect more transparently with their constituents and each other. By connecting data and processes across disparate systems, Tyler’s solutions transform the way clients gain actionable insights that solve problems in their communities. Tyler has more than 37,000 successful installations in more than 12,000 locations with customers in all 50 states, Canadathe Caribbean, Australia, and other international locations. Tyler has received multiple awards for growth and innovation, including Government Technology’s GovTech 100 list and Forbes’ Most Innovative Growth Companies list. Learn more about Tyler Technologies, an S&P 500 company headquartered in Plano, Texascan be found at tylertech.com.
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