Montreal-based location intelligence platform Local Logic has partnered with climate change risk data company ClimateCheck, the two companies announced on Thursday.

Local Logic customers, including listing portals, real estate franchises and brokers that use the company’s data and plug-ins, will now have access to ClimateCheck’s climate change risk data alongside other location data provided by Local Logic.

ClimateCheck generates property-specific climate-related hazard ratings from 1-100, cluing consumers into risks associated with heat, storm, fire, drought and flood for any property across the U.S. The rating, with 1 being low risk and 100 being very high risk, is based off of future risk and how much risk levels stand to change in years to come.

As the name suggests, Local Logic’s data is likewise highly localized, and provides users with data for over 250 million addresses in the U.S. and Canada on features like schools, neighborhood character, local businesses, public transportation options, demographics, nearby comps and more.

The two companies’ shared interested in local data insights is one major reason the partnership was a good fit, Cal Inman, CEO of ClimateCheck, told Inman. (Cal Inman is the son of Brad Inman, founder of Inman Group. Inman Group is not affiliated with ClimateCheck in any way.)

Cal Inman | Credit: LinkedIn

“It’s the presentation of insightful information around a specific property, or neighborhood or any location,” Inman said. “So I think having [Local Logic] offer our product to all their customers and future customers, it’s just fitting. You can go to one place and get a lot of location-specific information you can append to your website or listings or neighborhood insight pages.”

In recent months, ClimateCheck data has been added to a number of notable search portals, including Movoto by OJO Labs, RealScout and Redfin. Inman said the company’s goal is to ultimately get its data added to every real estate listing, especially with consumers becoming increasingly concerned about the hazardous impacts of climate change.

“Consumers want to know [the risks],” Inman said. “They read about it every day, and they’re experiencing all these natural hazards and increased frequency of them and increased tendency.”

Amid a year of record flooding, hurricanes, wildfires, heatwaves and other extreme weather events in the U.S., the percentage of Americans that believe global warming is currently happening increased from 70 percent of Americans in March 2021 to 76 percent in September 2021, according to a recent survey by the Yale Program on Climate Change Communication.

An all-time high of 70 percent of Americans are also now “very worried” or “somewhat worried” about global warming, with the proportion of those who are “very worried” having increased 10 percentage points in the last six months.

Vincent-Charles Hodder | Credit: LinkedIn

“The synergy of our two data sets will ensure residential and commercial real estate professionals and their clients are able to assess an area’s risk for climate-related disasters and make more informed decisions about where they invest in, purchase or sell a property,” Vincent-Charles Hodder, co-founder and CEO of Local Logic, said in a statement.

“Changes in our climate represent an increasingly significant risk to millions of properties across the country, and a proper assessment of climate-related hazards are an increasingly important part of the buying and selling process,” Inman added in a statement.

“By combining Local Logic’s location intelligence insights with our Climate Rating solution, consumers can unlock an understanding of these rapid shifts and how they might affect their assets in the future — allowing them to make more informed decisions about where they live and how to better invest their resources.”

Email Lillian Dickerson

technology
Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Will you attend ICLV virtually or in-person? The agenda is packed with stellar speakers and sessions.Learn More×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription