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General FAQs

Basic information about Paraspot AI, its purpose, and how it works.

Yakir avatar
Written by Yakir
Updated over 9 months ago
  1. What is Paraspot AI?
    Paraspot AI is a software company offering the first AI-powered remote property inspection platform. ​Headquartered in NY, Paraspot transforms traditional property inspections by enabling property managers and operators to turn their tenants to their own property inspectors, using AI-guided inspections over their mobile device. Rather than relying on manual inspections, streamline property turnover processes.

    ​With Paraspot - Reduce security deposit disputes, eliminate friction between tenants and property managers, access a holistic view of your portfolio status and condition, and turn your property management operations scalable.

  2. Who is Paraspot AI for?
    Paraspot AI is for property managers or owner operators in the residential rental industry. Whether you are managing Single Family, Multifamily, Student Housing, Serviced Apartments, AirBnBs' or Short-Term Rentals, you can use Paraspot to automated your turnover processes. From inspections to deposit deductions, and communication to the tenant/guest and the owner, all can be managed and automated with Paraspot.

  3. What types of inspections can I conduct with Paraspot AI?
    You can use Paraspot's services to perform the following inspection: Move-In, Periodical (Quarterly / Semi-Annual / Annual), Renewal of The Lease, Pre-Move-Out, Move-Out, Turn.
    For inspections that are not included in the beforementioned list you can create a custom inspection inside the Paraspot Platform.

  4. How does Paraspot AI benefit property managers and operators?
    Paraspot AI revolutionizes property management by streamlining operations and improving efficiency. With AI-guided inspections, property managers can eliminate costly, time-consuming site visits and instead rely on accurate, remote inspections. The platform automates property condition reporting, delivering real-time, detailed assessments that reduce human error and provide undeniable proof of damages or wear. By empowering tenants to conduct inspections themselves, Paraspot minimizes disputes, accelerates turnover times, and enhances tenant satisfaction. It's a cost-effective, scalable solution that allows you to focus on growing your portfolio while automating day-to-day tasks.

  5. Why switch from manual inspections to AI-powered inspections?
    Switching to AI-guided inspections transforms your property management process. With manual inspections, you face time-consuming site visits, human error, and inconsistent reporting. AI-driven inspections, on the other hand, provide precise, automated documentation without ever stepping foot on the property. You can reduce costs by up to 90%, eliminate repetitive tasks, and get real-time, unbiased reports with undeniable proof of property conditions. Tenants actively participate in the process, resulting in fewer disputes and faster resolutions. It's a smarter, faster, and more accurate way to manage your properties.

  6. Can Paraspot help reduce operational costs?
    Absolutely. Paraspot significantly reduces operational costs by automating property inspections and eliminating the need for on-site visits. With our AI-guided inspections, property managers no longer have to spend time and resources on manual checks. The platform generates detailed, accurate reports remotely, cutting inspection costs by up to 90%. Additionally, it speeds up turnover times, minimizes tenant disputes, and reduces expenses related to dispute resolution. By streamlining these processes, Paraspot allows you to manage more properties with fewer resources, leading to substantial savings across your operations.

  7. What is included in Paraspot's property condition assessments?
    Paraspot's property condition assessments are comprehensive and highly detailed. Our AI-driven system captures high-quality scans of the entire property, including its interior, furnishings, and appliances. It automatically detects damages such as cracks, stains, and wear and tear, while also documenting the condition of key elements like flooring, walls, and fixtures. The assessment includes time-stamped, geo-tagged data for accuracy, and generates an easy-to-read report with visual evidence. This ensures that every detail is accounted for, providing clear proof of the property's condition at both move-in and move-out.

  8. Is Paraspot AI suitable for single-family, multifamily, or commercial properties?
    Paraspot is suitable for any residential rental properties. Paraspot AI inspection platform was not built with commercial properties in mind, but it could assess the condition of any property, find damages, and evaluate if it is a pre-existing condition.

  9. How does Paraspot support multifamily centralization?
    Paraspot streamlines multifamily centralization by allowing property managers to oversee all units from a single, unified platform. Our AI-powered system enables remote inspections across multiple properties, eliminating the need for on-site visits and reducing operational complexity. Property managers can centralize their workflows, monitor the condition of all units in real-time, and generate automated reports for each property. This not only simplifies management across large portfolios but also ensures consistency, accuracy, and transparency, saving time and resources while maintaining full control over multifamily operations.

  10. How accurate is Paraspot AI in detecting damages?
    Paraspot will pick up every visual attribute of the property. As long as the video was taken following our tips and guides, the likelihood of missing a damage to the property is extremely low.

  11. How does Paraspot ensure the accuracy of its inspections?
    Paraspot guarantees inspection accuracy with its AI, which is trained on over 11 million data points and continuously learns from thousands of ongoing inspections. This ensures ever-improving precision and consistency. Our system automatically detects damages—such as cracks, stains, or wear—and captures high-quality scans, reducing human error. Each inspection is backed by time-stamped, geo-tagged reports, providing verifiable proof of the property's condition. Additionally, Paraspot's AI compares before-and-after scans to identify discrepancies, ensuring a reliable and transparent assessment every time.

  12. Can I use Paraspot AI without an internet connection?
    Paraspot's inspection experience is independent from internet connection. The internet connection is only required for uploading the completed inspection to the Paraspot platform.
    As long as the inspection webpage is pre-loaded while there is an internet connection, the user will be able to download the performed scan, and upload it later once the user has regained internet connection.

  13. What makes Paraspot AI different from other inspection tools?
    Paraspot is the first and only property inspection solution that automates the entire process using AI. Paraspot empowers it users with the power of AI in their hands. Whether the inspection is done by the resident or the operations team, Paraspot will translate the inspection video into a full report automatically, pick up on any issue, and match the property's condition to prior inspections.

  14. How does Paraspot deliver the best automated property inspections?
    Paraspot excels at automated property inspections by leveraging advanced AI, developed by a team with deep expertise in both AI and real estate. Our technology accurately detects damages, guides tenants through a seamless process, and produces high-quality, time-stamped reports. Continuous learning from thousands of inspections ensures precision and efficiency, reducing human error and improving over time.

  15. How can I be sure tenants are accurately capturing all details and not missing or hiding anything?
    Paraspot AI ensures that every inspection is thorough and accurate by guiding tenants step-by-step through the process. Our AI-driven system validates the quality of the scan in real-time, ensuring that all areas of the property are covered. If any part of the property is skipped or improperly scanned, the system flags it for review, preventing missed details. Additionally, the technology detects inconsistencies or attempts to hide damage, providing you with full transparency and confidence in the results. With time-stamped and geo-tagged reports, you get an irrefutable record of the inspection, ensuring tenants can't omit critical information.

  16. How can Paraspot help reduce operational costs?
    Paraspot significantly lowers operational costs by automating the entire inspection process. Our AI-driven platform eliminates the need for manual site visits, reducing labor and travel expenses. With faster inspections, fewer tenant disputes, and quicker property turnovers, you save time and resources. By streamlining operations and providing real-time, accurate reports, Paraspot enables property managers to handle more units efficiently, ultimately maximizing cost savings across your portfolio.

  17. What kind of support does Paraspot offer to its users?
    Paraspot offers comprehensive support to ensure a seamless experience for all users. We provide onboarding assistance, personalized training sessions, and ongoing technical support to help you get the most out of our platform. Users also have access to detailed resources such as the onboarding process guide, FAQs, and dedicated customer support for any issues or questions. Our team is committed to helping you streamline property management and maximize the benefits of Paraspot AI.

  18. How can I request a demo of Paraspot AI?
    You can simply fill out the form in our website, and a member of our team will reach out to you. Click Here to reach the form.

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