Third-Party Report Review demo

Environmental, engineering, zoning and seismic reports read together, with every risk and its cost pulled to the top. 1:14

What the demo shows

A due diligence solution for CRE lenders that reads environmental and property reports.

Seven agents read the Phase I, property condition, zoning and seismic reports together the day they land — each finding lined up by risk and by building, each report's age and reliance checked against the closing — and the conditions, escrows and memo section go to the credit officer, who decides.

Transcript

  1. Third-Party Report Review reads environmental, property, zoning, and seismic reports for real estate lenders.
  2. Arroyo Vista closes in 11 days, with 744 pages to read.
  3. The agents mark what matters right on the page.
  4. A paragraph on a former dry cleaner turns red.
  5. The note drafts. Phase 2 required before closing.
  6. Each note is a condition with its cost.
  7. Nora accepts it. The property report adds a failed fire alarm and repairs.
  8. Building B's seismic loss is 23%, a retrofit escrow.
  9. 744 pages become six conditions in the commitment letter.
  10. Nora approves, environmental risk incurs, and closing holds.
  11. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.