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VeroVALUE Preferred bridges upon the VeroVALUE Advantage AVM using proprietary optimization techniques with strict standards on market activity, neighborhood analysis and usable hit rates.
The VeroVALUE Preferred AVM is a weighted balance between valuation accuracy and hit rate with a focus on accuracy. When accuracy is paramount over hit rates, VeroVALUE Preferred is unmatched and as result, is commonly used in the first position in a multiple AVM cascade approach.
VeroVALUE Preferred provides industry-leading residential property valuations leveraging the latest predictive technologies for fast, accurate, and realistic results. Standard VeroVALUE Preferred reports include value estimate, value range, confidence score, available subject property information, market data information and historical price trends for the subject's neighborhood. Additional information such as 12 month valuation forecasting and fraud detection indicators can be added to each AVM report.
VeroVALUE Preferred is part of Veros’ AVM Suite which is comprised of valuation products designed to weigh accuracy against hit rate to suite a variety of valuation needs. Other members of the VeroVALUE AVM Suite include VeroVALUE, VeroVALUE REO, and VeroVALUE Advantage.
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