Clarocity Announces the Availability of its Proprietary Real Estate Valuation, Data Collection and Appraisal Solutions on GSA Advantage

Carlsbad, CA – May 19, 2020 – Clarocity Valuation Services announces the availability of their full suite of valuation, property data collection and appraisal products including MarketValue Pro (MVP), a proprietary qualitative real estate appraisal report on the GSA Advantage Website. Purchases of any the company’s real estate valuation solutions can now be made using the GSA Multiple Award Schedule (MAS) contract, 47QRAA20D005Y.

“Clarocity has been successfully delivering proprietary real estate valuation solutions and appraisal products to government agencies and lenders for nearly a decade,” said Shane Copeland, President of Clarocity. “As appraisal modernization and automation have been driving the private banking industry, receiving our GSA Schedule allows for rapid adoption of our products across relevant government agencies. We are pleased that we can offer new cost-effective valuation and property data collection solutions that agencies can turn to fulfill their specific mission.”

Clarocity MVP is a qualitative appraisal report that government agencies can leverage to fulfill residential real estate valuation requirements in rural and underserved markets. In fact, over the last few years Clarocity has worked with multiple government agencies and entities to leverage MarketValue Pro to support several national lending programs and asset transactions. Available with a variety of options, MVP may be paired with our QuickSurvey, an occupant data gathering solution, for agencies needing to conduct real estate transactions during the current pandemic.

“Our government and agency clients have been inquiring about the availability of our products and services on the GSA for some time,” said Zan James, President of the Valuation Services Division. “From an Appraisal Management standpoint, Clarocity has consistently led the industry in building the qualified vendor panel necessary to offer nationwide traditional and modern appraisal as well data collection solutions. By adding MVP to the mix, our agency clients have been able to optimize their valuation costs, even in rural areas, resulting in millions of dollars in savings.”

For further information, visit www.clarocityvs.com or contact: Clientservices@Clarocityvs.com or call 760.208.6475

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This news release contains forward-looking statements which may include financial and business prospects, as well as statements regarding the Company’s future plans, objectives or economic performance and financial outlooks. Such statements are subject to risk factors associated with the real estate industry, the overall economy in both Canada and the United States. Forward-looking information in this press release, includes, among other things, information relating to any applicable approvals required in order to complete the warrant surrender and share subscription which may include, but is not limited to, the approval of the TSX Venture Exchange. The Company believes that the expectations reflected in this news release are reasonable but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements. In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof, and unless otherwise required by applicable securities laws, the Company does not intend nor does it undertake any obligation to update or revise any forward-looking statements.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act)