The Data Driven Suite of Veros AVM Solutions
In recent years, the utilization of automated valuation models (AVMs) has dramatically expanded and there are solid reasons why.
AVMs offer an inexpensive, instant and increasingly accurate property valuation option for all types of users. And with home equity lending the bright spot in mortgage lending right now, AVMs just makes sense. However, there is no lack of AVM options available, so understanding how these sophisticated algorithms produce accurate results will aid your decision in deciding if a particular AVM is the right choice for your investment.
This eBook is the complete guide to understanding the VeroVALUE machine learning methodology and approach so you can confidently elevate your real estate valuations with AVMs.
The eBook covers…
- Data sources that matter
- Data quality control, accuracy and integrity
- Valuation confidence scoring as indicators for accuracy
- Methodology and testing and more…