Verification Guide: Real Estate
Document-Driven Verification
Real estate verification on Boss Tag is primarily document-driven rather than photo-driven. While Boss Vision analyzes property photos for type, condition, and features, the core verification relies on legal documents: the deed, tax records, title search results, survey, and appraisal. This is because real estate value depends on legal standing, zoning, liens, and encumbrances that photos cannot reveal.
Required Documents
Deed or title document, most recent property tax statement, professional appraisal (for properties over $100K), title search or title insurance commitment, property survey, and environmental assessment (for commercial or industrial properties). Optional but recommended: inspection report, insurance declaration page, rent roll (for income properties), and HOA documents (for condos).
Valuation Approach
Boss Vision uses multiple valuation methods for real estate. The comparable sales approach analyzes recent sales of similar properties in the same area. The income approach (for rental properties) calculates value based on net operating income and cap rate. The cost approach estimates replacement cost minus depreciation. All three are cross-referenced with public records and listing data to produce a confidence-weighted valuation range.
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