Know the most suitable property valuation method upfront
Valuation Selector is an automated solution that analyzes property data and local market conditions to evaluate the level of effort needed to credibly value a property and recommend the appropriate type of valuation to use. By knowing the most suitable valuation method upfront 鈥� before an order is placed 鈥� you鈥檒l see reduced origination costs and turn times.
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Benefit from receiving more comprehensive results and greater insight into a property.
Accelerate the property valuation process
Valuation Selector draws from public records, assessor and listing data 鈥� then applies advanced logic and analytics 鈥� to generate its results. You鈥檒l instantly receive a report that includes the most appropriate valuation method to use on a subject property 鈥� full appraisal, desktop exterior, desktop interior, automated valuation model (AVM) with inspection, or AVM 鈥� as well as other important information.
By determining the valuation method upfront, Valuation Selector helps to not only accelerate the property valuation process but also reduce costs. The solution provides guidance on when you can use an AVM instead of a traditional appraisal, and it helps prevent origination delays and unnecessary costs.
The Valuation Selector report includes:
- Recommended valuation method
- Reason the valuation type was selected
- Subject property complexity score
- AVM confidence score
- Neighborhood value range
- Subject property and comparables data
- Local market condition
- And more