The company has combined expertise in the traditional fields of land surveying, appraisals and real estate sales, with the emerging fields of GPS, GIS, databases and ASP development to create innovation in this traditional industry. With the assistance of the National Research Council and the Waterloo Innovation Centre, A Bound has created several products designed to streamline efficiencies within several sectors of the real property industry.

• AppraisalGIS.com
• AssessmentGIS.com
• ALT-ASP
  • Basic Product Design
  • Value Added Productivity Features
  • Commitment to Long-Term Product Evolution
  • Application is Being Developed by a Team of Experts
• 2D/3D Imagery
• Real Estate Sales
• Government Mandate

AppraisalGIS.Com:

What is AppraisalGIS.com®?

AppraisalGIS.com® is an innovative online database that links property information with digital mapping and allows this data to be shared with other appraisers.

AppraisalGIS.com® allows for:

• Quick, easy, instant access to data through the online portal
• Advanced spatial analysis
• Purchase and sale of data (sale and lease; vacant and improved properties)
• Market analysis with Statistics Canada data

How does AppraisalGIS.com® work?

Participating commercial appraisers enter data on properties they have inspected into the online database. They can then create a link between the database and the digital map. AppraisalGIS.com® has over 2000 data input fields for a variety of property types. In addition, it can link census, population, demographic and retail trade information to digital maps. Through AppraisalGIS.com® the user has access to their own data, allowing for spatial analysis, and they can also purchase data from other participants. By using the GIS driven search engine, the user defines their own search polygon on digital mapping allowing them to find the information they need quickly and easily.

AssessmentGIS.Com:

The R&D activities at A Bound also produced an innovative ASP product, AssessmentGIS.com. This product is designed for municipal and provincial / state departments for revenue / property taxation, to carry-out mass property assessments. An artificial intellegence (AI) or Computer Assisted Mass Appraisal (CAMA) component will be developed with the University of New Brunswick.

ALT-ASP:

The Abstract of Legal Title ASP System is designed to significantly enhance an organization's ability to produce a title abstract. This product is of particular interest to title insurance companies and title abstract offices. The ALT-ASP automates the abstract research process. This system enables the user to meet the productivity norms demanded in the competitive market. The functionality offered by the ALT-ASP are shown in the table below:

• Basic Product Design
  • Web based solution for on-line data entry & viewing
  • User friendly & intuitive user interface
  • Password protected; accessible by employees & contracted abstracters
  • Utilizes ESRI Software, a world leader in GIS
  • Utilizes Oracle Software, a world leader in databases
  • Utilizes CARIS property mapping, leader in digital mapping
  • Minimal training required for contract abstracter/users
  • System will be hosted with fault tolerance & redundancy
  • A Bound will cover all software licensing & mapping fees
• Value Added Productivity Features
  • Newly entered data immediately available to all users
  • Available 24/7 from any computer with internet access
  • Data input fields are searchable
  • Overlaid with province's grant mapping
  • Existing historic scanned abstracts will be entered
  • All properties with an abstract are identified and opened to view title documents
  • Problems in abstract are flagged, no need to waste time revisiting issues
  • Parcels in same subdivision will have same root of title
  • Documents in abstract being scanned now will be entered by team & available when system deployed
  • Stored documents are printable from anywhere
  • Title data readily available in 7 to 10 years as final properties are coming into land titles
  • Tremendous time saving for abstractor once 1st search is completed in subdivision
  • Time saving in viewing all provincial abstract data
  • System will separate all abstract documents thus allowing the search / retrieval of individual documents
  • Huge savings in data storage costs over 10 year life cycle
• Commitment to Long-Term Product Evolution
  • Wireless communications from Registry / Land Title office
  • Data input by voice in Registry Office
  • Searching text for title work / problems
  • System to handle actual ordering of title searches
• Application is Being Developed by a Team of Experts
  • Team: A Bound Corporation, UNB
  • NB’s top property business solutions, GIS, database and telecom / wireless developers: Turn-key solution provided
  • All stakeholders will have an opportunity to take part in the design of the System: Abstracters & clients
  • A portion of the R&D has already been absorbed by A Bound Corporation

2D/3D Imagery:

A Bound Corporation has created in conjunction with UNB an innovative solution to 2D/3D imagery of a certain location.

This 2D/3D imagery can be obtained by aerial photography or satellite imagery to produce images with 0.6m resolution. These satellites can take images of anywhere in the world passing over each area every 4 days, so it can provide up to date imagery barring cloud cover. This imagery can be ordered for any identified specific location on the earth and results digitally returned within days.

The company is currently looking for strategic partners to deploy this technology in markets throughout North America, Western Europe and the Commonwealth.

Real Estate Sales:

A Bound Corporation also operates a full service real estate brokerage company, servicing both residential housing as well as commercial property sales and purchases.

Government Mandate:

Although the public sector represents a small portion of our overall revenues, our vision for future significant industry trends has been recently articulated within government policy:

• a bill was passed in the US requiring vendors who sell computerized content to the Federal Government must develop that content using smart objects (XML Objects) that produce databases of shareable content

It is this leadership that will move the property transaction industry into a new level of efficiency by eliminating the redundancy that has been the norm for this traditional business.