Panel highlights how
REALTORS® use the Wildfire
Disclosure Report and Onsite Inspections to protect
client properties and prevent loss
SAN
MATEO, Calif., Feb. 24,
2025 /PRNewswire/ -- FortressFire®, a
pioneering company harnessing wildfire analytics to help businesses
and homeowners mitigate the risk of damage to their property, today
announced that it will present a webinar in collaboration with the
CALIFORNIA ASSOCIATION OF
REALTORS® (C.A.R.) to help REALTORS® bring
value and comprehensive understanding of a property's wildfire
vulnerability profile to sellers and buyers across California. The webinar, "Understanding the
Value of Property-Specific Wildfire Risk Assessment," will be
co-presented by EPIC Insurance on February
25, 10 a.m. Pacific.
FortressFire and CALIFORNIA ASSOCIATION OF REALTORS sponsor
webinar to help REALTORS navigate wildfire risk for clients
FortressFire partnered with C.A.R. to develop and provide
Wildfire Disclosure Reports in California that document the specific
vulnerabilities of a home and offer a roadmap to protect and insure
it, for the safety and security of homeowners' investments. The
webinar will highlight the Wildfire Disclosure Report's components,
mitigation insights, recent validation under high-wind wildfire
scenarios and real-life examples of how the Wildfire Disclosure
Report and Onsite Inspections have been used to support clients in
recent residential transactions. Additionally, the webinar will
share insurance perspectives for shifting from risk management to
loss prevention.
"For more than two years, FortressFire and the CALIFORNIA ASSOCIATION OF REALTORS®
have worked together to bring unprecedented transparency to
wildfire risk and insurance challenges," Michael Ashker, chairman and CEO of
FortressFire. "The Wildfire Disclosure Report, available on the
California Residential Purchase Agreement for over a year, empowers
buyers and sellers with property-specific insights to make informed
decisions. We're proud to support C.A.R. members in protecting
homes and communities."
FortressFire uses machine learning, fire physics and predictive
analytics to model how fire will interact with a specific property
with about 95 percent accuracy. These tools are based on 100 years
of historical data and the fundamentals of thermodynamics ― how
fires are ignited and how heat and energy transfer to structures to
create a pathway of destruction ― to help reach the ultimate goals
of protection, insurability and breaking the cycle of devastation,
environmental toxins and financial instability.
"Our partnership with FortressFire is built on the shared goal
of equipping REALTORS® with data-driven resources to
help clients understand and mitigate wildfire risk," said C.A.R.
president Heather Ozur. "The
Wildfire Disclosure Report has been a game-changer, providing an
objective and actionable understanding of wildfire risk that
supports informed decision-making and long-term property
protection. We're thrilled to see how C.A.R. members have
successfully leveraged this critical tool to advocate for their
clients, improve access to insurance options, and promote risk
mitigation across California's
real estate market."
C.A.R. members can sign up for the "Understanding the Value of
Property-Specific Wildfire Risk Assessment" webinar, by visiting
the registration page.
Learn more about FortressFire's wildfire risk management
resources for real estate professionals on its website.
About
FortressFire®
FortressFire® brings
together a diverse group of scientists, technologists, insurance
experts, service operations leaders, and fire management
professionals dedicated to protecting homes and businesses from the
devastation of wildfire. We understand the complex, chaotic nature
of fire and how the inability to precisely model and quantify that
threat at the individual property level has disrupted the property
insurance market in California and
the western U.S. FortressFire was founded on the belief that
today's technology can enable practical, effective preparation
strategies and mitigation services at scale to protect residential
properties, communities, and small commercial enterprises.
FortressFire's innovative AMP Platform uses machine learning and
predictive modeling to assess wildfire vulnerability risk,
recommend mitigation actions, and provide ongoing monitoring and
protection services.
Visit FortressFire.com to learn more.
Visit https://FortressFire.com/inspection/ to order an
Onsite Inspection.
About the CALIFORNIA
ASSOCIATION OF REALTORS®
Leading the
way…® in California
real estate for nearly 120 years, the CALIFORNIA ASSOCIATION
OF REALTORS® (www.car.org) is one of the
largest state trade organizations in the
United States with more than 200,000 members dedicated to
the advancement of professionalism in real estate. C.A.R. is
headquartered in Sacramento.
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SOURCE FortressFire