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Partnerships
Propy partners with Inspectify to enhance home inspections for onchain transactions
Residential PropTech
Oct 7, 2024
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Residential PropTech

Residential PropTech

Oct 7, 2024

Propy partners with Inspectify to enhance home inspections for onchain transactions

Partnerships

  • Propy, a property transaction management platform, has partnered with property inspection platform Inspectify to integrate home inspection services into Propy's blockchain-based transactions.

  • The partnership allows Propy users to order inspection reports, transfer data, and make payments via an integrated platform. This integration aims to simplify the home-buying process, reduce delays in closing, and bring property inspections "onchain" as part of Propy's Web3-based real estate transactions.

  • The collaboration is expected to enhance the use of inspection data for homebuyers and sellers while also supporting Propy's goal of moving property settlements to blockchain technology without offline interactions. The integration is now live and available to all Propy users.

  • Analyst QuickTake: With the launch of Propykeys to provide a market for minting home addresses as NFTs since early this year, the company has been in pursuit of moving property settlements to blockchain technology. Propy also recently collaborated with Parcl , a real estate investment platform built on Solana, to leverage Parcl's data integrations and improve the assessment of real estate properties minted as NFTs on Propy's PropyKeys platform.

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