• Mon. Nov 28th, 2022

CubiCasa’s free SaaS technology has helped create over 1 million floor plans to date

ByWillie M. Evans

Sep 1, 2022

CubiCasa is the leader in providing fast and adaptable indoor mapping solutions for the real estate industry. Users can complete a 2D schematic floor plan using just a smartphone, with no training or expense.

CubiCasa’s innovative SaaS technology digitally maps a home’s floor plan in as little as five minutes. This helps eliminate human error, creates numerical consistency in output, and democratizes the creation of accurate property data essential to real estate listings and the home loan appraisal process.

To continue to modernize the appraisal process and achieve its goal of dramatically increasing the number of floor plans in the United States, CubiCasa is now offering its users access to a free version of the product, as well as more of product configuration options so that users can select a pricing model. that best fits their use case. By reducing product costs, Realtors, Property Photographers, CMAs, Appraisers and Landlords now have a tool at their fingertips capable of providing an accurate floor plan.

CubiCasa’s technology is used in 160 different countries and has helped create over a million floor plans, largely due to its ease of use and fast turnaround times. The company wants to dramatically increase the use of its product in the United States to lead the industry into a new paradigm.

Earlier this year, news of Office Assessment Guidelines 1004/70 came from government-sponsored entities Fannie Mae and Freddie Mac. These new guidelines emphasize the digital floor plan requirement, ensuring thousands of appraisers and appraisal management companies have access to a detailed view of a property and can fully understand marketability. and functionality of the property without having to leave their office.

CubiCasa’s compliant technology helps drive this industry shift by enabling anyone with a smartphone to create a digital floor plan in minutes. This gives appraisers more opportunity than ever to focus on the final property value, dramatically reducing the time it takes to complete an appraisal and reducing wait times for appraised value to two to three days, from weeks.

CubiCasa’s free technology ensures that all calculated Gross Living Area (GLA) measurements are aligned with American National Standards Institute (ANSI) standards and delivered quickly and efficiently, with turnaround time as short as five minutes. As such, the technology supports industry standardization and consistency and drives compliance as the assessment process continues to modernize.

Users have the ability to operate CubiCasa’s technology without prior training. All you need is a smartphone to create a scanned floor plan using the app while taking a guided tour of a home. Square footage is the second highest factor in a home’s value, and CubiCasa’s technology helps minimize inconsistencies and variations in the property data collection and inspection process. Eliminating cost allows any appraiser to ensure they are giving their client accurate data about their home.