Real Price provides AI‑driven property appraisal solutions, leveraging over 30 years of market expertise to deliver fast, accurate valuations for real‑estate and financial institutions. Its PROTO platform automates data structuring, analysis, and report generation, enabling users to obtain reliable appraisal reports with the speed of instant payment systems. The service combines a team of data scientists with advanced automation to improve efficiency and precision in the real‑estate valuation workflow.
Funding
$3.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions and property owners often rely on manual, time‑consuming real‑estate appraisal processes that can delay lending decisions and investment assessments, while also exposing valuations to inconsistencies.
Solution
Real Price combines more than three decades of market expertise with artificial intelligence and automation to digitize data collection and analysis for property valuations. Its PROTO platform structures and validates appraisal data, applies machine‑learning models to generate highly reliable reports, and delivers results at speeds comparable to instant payment systems. By integrating AI‑driven analytics with a team of specialists, the company provides consistent, precise valuations that support credit underwriting, portfolio management, and investment decisions. The end‑to‑end workflow reduces human error, shortens turnaround times, and enhances confidence in appraisal outcomes for financial stakeholders.
Target Audience
Primary customers are banks, credit unions, and other financial institutions that require rapid, reliable property valuations for loan underwriting, as well as commercial property owners and real‑estate investors seeking precise appraisal services.
Features
- AI‑powered data ingestion that automatically extracts and standardizes property information from diverse sources
- Machine‑learning valuation models calibrated on 30+ years of market data to produce accurate, repeatable appraisals
- Automated report generation with standardized formats and audit trails for regulatory compliance
- Cloud‑based platform enabling real‑time collaboration between appraisers, analysts, and client teams
- Integration capabilities with lenders’ loan origination and risk management systems via APIs
- Continuous model monitoring and updates to reflect market dynamics and regional trends