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Geowox COMP is a web application that provides rapid and cost-effective residential property valuations using satellite imagery and open data. It significantly enhances the accuracy and speed of valuations for mortgage lenders in Europe and North America.
Residential valuations are slow (0.5-2 hours), costly (€100-200) and inaccurate (8-12 % MdAPE).
Therefore, residential mortgage lenders resort to small samples or simplified indexing methods.
Geowox COMP is a web application that uses open data and satellite image recognition technology to provide real-time residential valuations for European and Northern American residential mortgage lenders (retail banks).
Valuations provided by Geowox COMP are 1000x times quicker (milliseconds), 10x cheaper…
GEOWOX LIMITED
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