Automated Valuations
Appraisal methodology at AVM speed
Our proprietary automated valuation models create accurate, instant valuations by emulating time-tested appraisal processes, leveraging unique indexes and incorporating multiple statistical models. Fueling our entire valuation platform is appraiser-enriched and validated property data; this proprietary data is the most complete data, engineered specifically for the valuation of real estate.
Reports
Our valuation methodologies and data collection processes are a whole new approach to property valuation.
In the past, users of AVMs have had to sacrifice accuracy for speed as most AVMs depend upon non-standardized data that lacks the key property attributes necessary to deliver accurate values. Now, a more accurate instant alternative is available.
Automated Valuation Report
Description
Leverages valuation algorithms and proprietary appraiser-enriched data to produce a summary one-page report containing essential property, comparable, active listing and market data for a concise view of the property, its value and market conditions.
Benefits
- Accuracy
- Instant access
- Cost-effective
- Real-Time
- High Hit Rate
- Concise Report
Pre-screen a property value, compliment the QC process; obtain asset disposition values or monitor the value of a single property or an entire portfolio.
Timeline
Price
$20
Pre-Application Valuation
Description
A web-based report providing indications of value, key indicators and data points necessary for loan originators & lending staff to pre-screen a property at the beginning of the loan process, obtain product recommendations and a guaranteed appraisal fee.
Benefits
- Accurately price and place loans
- Validate LTV Ratios
- Eliminate revisions to the GFE
- Reduce appraisal surprises
- Save time working on fundable loans
For lenders and loan officers to obtain an initial indication of value, key metrics that may affect pricing, product recommendations and appraisal fee quote
Timeline
Price
$30
Jumpstart
Description
The jumpstart is an XML file of enriched appraisal data, comparables and analytics sent to the appraiser upon engagement for easy import into their form software to get a jump on the appraisal process.
Benefits
- Appraisal quality
- Consistency across all appraisers
- Reduced loan funding times
- Limits underwriting headaches
Used to dramatically reduce appraisal development times and improve appraisal quality and consistency
Timeline
Price
$50
Key Features
Our innovative platform delivers more accurate instant valuations in real-time which contain essential property, comparable, active listing, market, and neighborhood data for an accurate view of a property, its value and the prevailing market conditions.