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ATTOM's New Tool Enhances Property Ownership Transparency

ATTOM's New Tool Enhances Property Ownership Transparency

ATTOM Launches Transparent Owner to Uncover Property Ownership

A New Data Solution Revealing Real Property Owners Behind Entities

ATTOM, a premier curator specializing in land, property data, and real estate analytics, has unveiled its latest innovation called Transparent Owner. This product is designed to unveil the actual individuals behind residential property ownership in the United States, particularly those obscured by legal structures such as LLCs, trusts, and holding companies.

Using proprietary identity resolution techniques that merge public record data with advanced machine learning and linking logic, Transparent Owner improves the clarity of property ownership details. The dataset employs standardized Owner IDs to resolve discrepancies in public filings, thereby enhancing understanding of who truly controls a property.

"The complexity of property ownership has increased significantly, and traditional public records often do not tell the entire story," stated Todd Teta, Chief Product and Technology Officer at ATTOM. "With Transparent Owner, our clients can navigate this complexity more effectively, whether they are vetting deals, analyzing investment portfolios, or undertaking compliance checks."

Key Features of Transparent Owner

Clear visibility into property ownership comes from several key features:

Owner Name Standardization

This feature addresses the varying ways individuals, LLCs, and trusts are recorded across different jurisdictions, normalizing thousands of name variations.

Entity Matching

Distinct owner identities are resolved across counties and legal entities by leveraging geographic, linguistic, and behavioral signals, providing comprehensive identification.

Unique Owner Identifiers

Each property owner is assigned a consistent identifier, enabling better tracking regardless of how their names appear in varying records.

Mailing Address Linkage

This functionality connects identified owners with verified mailing addresses for effective outreach and verification purposes.

Owner Classification

Owners are categorized based on their type, such as individuals, investors, or companies, facilitating deeper analysis of ownership trends.

Integration and Availability

Transparent Owner is now available for licensing and can be accessed through Snowflake, allowing for seamless integration with ATTOM's other products. This connection enables clients to create a more comprehensive picture of residential ownership and investment activities.

For inquiries or to schedule a demonstration, ATTOM invites interested parties to visit their website for further details.

About ATTOM

ATTOM drives innovation across various industries by providing top-notch property data and analytics, covering an impressive 158 million U.S. properties. Their extensive dataset encompasses diverse topics like property tax, mortgage information, and environmental risks, all validated through a thorough multi-step verification process.

With various flexible delivery solutions, including Property Data APIs and AI-Ready datasets, ATTOM enhances decision-making in sectors such as real estate, mortgage, and government.

Frequently Asked Questions

What is Transparent Owner from ATTOM?

Transparent Owner is a data product that identifies true property owners hidden behind legal entities and provides comprehensive ownership details.

How does Transparent Owner benefit real estate professionals?

It enables professionals to vet deals, analyze portfolios, and build compliance checks more efficiently by revealing true property ownership.

What key features does Transparent Owner include?

The tool includes owner name standardization, entity matching, unique owner identifiers, mailing address linkage, and owner classification.

How can clients access the Transparent Owner dataset?

Clients can access Transparent Owner as a licensed dataset via Snowflake, allowing integration with other ATTOM data products.

What does ATTOM offer in terms of property data and analytics?

ATTOM provides comprehensive real estate data solutions and analytics, covering millions of properties across various aspects such as tax, deed, and environmental risk.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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