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July 27th, 2011
Nearmap Signs Agreement with Hometrack

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Property information service company, Hometrack, has signed an agreement* with Perth-based nearmap.comto use its photo mapping content for its Valuer product. Hometrack provides electronic valuations and risk analytics solutions to the Australian and UK housing and mortgage industries while nearmap.com captures, processes, stores and distributes high-resolution aerial maps known as ‘PhotoMaps’. According to nearmap.com CEO Simon Crowther, the deal with Hometrack continues the company’s “focused push into the real estate sector”. Brendan Darcy, CEO of Hometrack, said his company was delighted to have nearmap on board with its solutions. “We have already integrated PhotoMaps into our Hometrack Valuer product, which is being used daily by lenders and mortgage insurers. nearmap’s currency and resolution, combined with our unique data and analytics, helps our clients make better decisions and reduce mortgage risk,” Darcy said. Read More

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