Propy’s initiative is set to utilize Parcl Labs API to enhance property valuation and analytics. Parcl’s technology gathers data from over 5,000 sources, creating a comprehensive repository of housing market information.
This includes an analysis of rentals, listings, and sales activity, all indexed and accessible at the property level. Natalia Karayaneva, CEO of Propy, emphasized that this partnership aligns with Propy’s mission to ensure and improve the real estate market by providing accurate and transparent property valuations.
“Propy’s mission has always been to elevate and secure the real estate market, and our partnership with Parcl is taking this vision to the next level,” Karayaneva stated. Trevor Bacon, CEO of Parcl, highlighted the potential for this collaboration to establish new standards in the real estate industry.
He expressed excitement about the possibility of powering other blockchain applications by leveraging Parcl Labs’ data. “We expect the partnership to unlock more use cases for Propy and showcase what is possible for others looking to innovate in the real estate space,” Bacon added.