Data Usage Policy
Last Updated: March 30, 2025
1. Introduction
At SynapseData, we are committed to responsible data usage practices. This Data Usage Policy outlines how we collect, process, store, and share real estate data and related information through our platform and services.
This policy applies to all users of our services, including clients, partners, and visitors to our website. By using our services, you agree to the terms outlined in this policy.
2. Data Collection
2.1 Types of Data We Collect
We collect various types of real estate data, including but not limited to:
- Property listings and sales data
- Property characteristics and features
- Historical price trends
- Neighborhood and market analytics
- Foreclosure and distressed property information
- Demographic and economic indicators
- Public records related to real estate
2.2 Sources of Data
Our data comes from various sources, including:
- Public records and government databases
- Multiple Listing Services (MLS)
- Proprietary data partnerships
- Publicly available information
- User-contributed information
- Third-party data providers
3. Data Processing and Usage
3.1 How We Process Data
We process real estate data using various methods, including:
- Aggregation and normalization of data from multiple sources
- Data cleaning and validation procedures
- Advanced analytics and machine learning algorithms
- Trend analysis and predictive modeling
- Geographic information system (GIS) processing
3.2 Purposes of Data Usage
We use the collected data for the following purposes:
- Providing real estate market insights to our clients
- Generating property valuation models
- Creating market trend reports and analyses
- Identifying investment opportunities
- Supporting real estate professionals in their business activities
- Improving and developing our services
- Research and statistical analysis
4. Data Sharing and Disclosure
We may share real estate data with the following parties:
- Clients and Subscribers: Users who have paid for access to our data services.
- Service Providers: Third-party vendors who assist us in providing our services.
- Business Partners: Organizations with whom we collaborate to provide complementary services.
- Legal Requirements: When required by law, court order, or governmental regulation.
- Business Transfers: In connection with a merger, acquisition, or sale of assets.
We do not sell individual personal information collected through our website to third parties for their direct marketing purposes.
5. Data Security
We implement appropriate technical and organizational measures to protect the data we collect and process, including:
- Encryption of sensitive data
- Secure data storage systems
- Access controls and authentication procedures
- Regular security assessments and audits
- Employee training on data security practices
- Incident response procedures
6. Data Retention
We retain real estate data for as long as necessary to fulfill the purposes outlined in this policy, unless a longer retention period is required or permitted by law. The criteria used to determine our retention periods include:
- The length of time we have an ongoing relationship with clients
- Whether there is a legal obligation to which we are subject
- Whether retention is advisable in light of our legal position
- The historical value of the data for trend analysis
7. User Rights and Choices
Depending on your location and applicable laws, you may have certain rights regarding the data we collect and process, including:
- The right to access data we hold about you or your properties
- The right to request correction of inaccurate data
- The right to request deletion of certain data
- The right to restrict or object to certain data processing activities
- The right to data portability
- The right to withdraw consent
To exercise these rights, please contact us using the information provided in the "Contact Us" section below.
8. Compliance with Laws and Regulations
We are committed to complying with all applicable laws and regulations related to data usage, including:
- Fair Housing Act and anti-discrimination laws
- Data protection and privacy laws
- Consumer protection regulations
- Intellectual property laws
- Industry-specific regulations
9. Changes to This Policy
We may update this Data Usage Policy from time to time. We will notify you of any changes by posting the new policy on our website and updating the "Last Updated" date. We encourage you to review this policy periodically.
10. Contact Us
If you have any questions about this Data Usage Policy or our data practices, please contact us at:
Email: data@synapsedata.com
Address: 123 Data Street, Suite 456, San Francisco, CA 94105