"Bits and pieces of market data are available everywhere, butwhat's missing is a comprehensive single source of high-quality,up-to-date, verified property data," says Woodward Hanson,president of the Appraisal Institute, which is based here.

PropertyFirst's president John Stanfill estimates that realestate professionals spend as much as 40% of their time gatheringinformation. He believes that PropertyFirst's new deal with theAppraisal Institute will transform the way business is done in thereal estate industry by saving time and money.

PropertyFirst provides web-based platform and services solutionsfor the real estate industry. The company has strategic allianceswith CB Richard Ellis and Cushman & Wakefield, amongothers.

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