Build your Appraisals in one platform across any MLS

Live MLS data, Comprehensive Analytics, Computer Vision, and Export to Alamode

Profet is a valuation platform to build all 3 models for an appraisal - sales comparison, cost approach, and income approach. The income approach includes both long-term rental and short-term rental models. The sales comparison approach allows you to search MLS and public record comps, apply adjustments, and determine a value.

Comparable Search

Profet pulls data from 300+ MLSs every 15 minutes and prepares the data for use in valuation models. You can search by radius or draw your own polygons; you can cover multiple MLS areas in one single search. So, for example if you are searching in the Atlanta, GA area a single search will return both First MLS and Georgia MLS comparable sales or listings.

Adjustment Models

The platform includes multiple adjustment models that you can apply - paired sales, regression, and many more.

AI Native Platform

This is an AI native platform - meaning AI capabilities embedded everywhere in the system - automatic photo labeling, an appraiser co-pilot to help you perform common tasks or ask questions, automated comp search and comp selection to prefill your appraisal for you, and a lot more.

A la Mode TOTAL Software Integration

The platform is directly integrated into TOTAL Software. You can export a TDCX file from Profet and launch it open it in TOTAL Software to do your final checks and deliver the appraisal to your client.

Here's a typical workflow:

1. You receive a new appraisal request from your client
2. Launch Profet and build your appraisal
3. Once you create the order in Profet, the system can auto-populate an initial appraisal for you including subject property data, comparables, and initial automated adjustments.
   1. It is your choice to make use of as much automation as you would like
4. Complete your appraisal in Profet
5. Export a TDCX file from Profet
6. Double-click the TDCX file to open it in TOTAL and continue the remaining steps to deliver it to your client

Detailed Features

• Subject Property
  • Auto-populate subject property data from current or previous listing and public record data
  • Flood Maps and FEMA flood zone information auto-populated
  • Plat Maps - auto-generated plat maps that show the lot boundaries and dimensions
  • Upload your photos and let Profet analyze and populate the subject property information
  • Integrate with any inspection platform to pull photos and data into the appraisal.
• Sales Comparison Model
  • Seach comparables with any effective date and month back parameters
  • Find comps using a radius search or multiple polygons
  • Bracket your comparable using specific values or with percentage or value thresholds such as +/- 2 bedrooms or +/- 20% GLA
  • Comparables are automatically scored for similarity - you can customize the similarity scoring
  • Filter the comps further by various features - pools, basements, fence, and many more
  • Add your comps if you don't find them in our search. Example: a recent FSBO sale not still reported via the county.
  • Apply adjustments - calculate multiple adjustment models.
  • Embedded Home Price Index - provides sale date adjustments
• Cost Approach Model
  • Integrated with DwellingCost.net for cost data
  • Find land comparables to determine a site value
  • Comprehensive cost calculator include depreciation models
• Income Approach Model
  • Find rental comparables and produce a rent schedule
  • Find GRM comparables and determine a GRM for the subject
  • Calculate income value using GRM, Discounted Cash Flow, or Cap Rate models
  • Find short-term rentals and income potential
• Automation Feature Highlights
  • Auto-label all your images
  • Auto-generate the inventory analysis
  • All the zipcode level market trends are auto-generated
  • Flood map and plat maps are auto generaed
  • Market trend charts are auto produced from your comparable searches
  • Auto-populate neighborhood trends and present land use information