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IAVR
Interactive Automated Valuation Report
The Interactive AVR combines the local market expertise of an appraiser with the analytic capacity of our valuation models to produce a highly reliable, appraiser-driven valuation. This concise report provides a single point value and range of values with a confidence score, comparable sales, active listings, market characteristics and a location map. For clients who want to leverage the knowledge of an appraiser while retaining the speed and cost saving of an AVM.
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Cost-Effective
affordable access to appraiser knowledge and expertise at a fraction of the cost of other appraiser-developed products.
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Accurate
a credible estimate of value derived from appraiser selected comparables adjusted into parity with the subject property.
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Fast
produced in 24 hours and can be ordered and accessed online.
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Comprehensive
concise report provides property characteristics, photos, comparables, neighborhood level market trends and characteristic data.
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Timely
powered by ValuTech’s propriety database and market indexes providing current comparables and real-time market conditions.
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AVM Technology merged with appraiser expertise
Cost-effective access to appraiser knowledge, ValuTech’s Interactive AVR combines the local market knowledge and expertise of an appraiser with our automated valuation models to produce highly reliable values while retaining the speed and cost saving of an AVM.
The Interactive AVR is a semi-automated valuation report were the appraiser determines the comparable search parameters and selects the comparables utilized by our proprietary algorithms. The accuracy of the output is significantly increased and the reasonableness of the output is confirmed by the appraiser.
The I-AVR leverages our innovative technology-assisted valuation platform and proprietary data to provide customers accurate alternative valuation options, they can depend on. The Interactive AVR fills the “Gap” between AVM’s and BPO’s with competitively priced, accurate reports at substantially reduced turn-around times
Applications
- Realtors or underwriters can obtain a second opinion of value from an appraiser for quality control purposes or simply for peace of mind
- Loan officers can use for pre-qualification or value reconsideration purposes
- Underwriters easily verify subject information, market value and comparable sales
- Collateral review specialists quickly evaluate and confirm values
- Asset managers accurately and instantly confirm list or sales prices and loan offer considerations
- Servicing agents easily monitor their portfolios while adhering to regulatory guidelines
- Realtors and homeowners quickly obtain the market value of a home