VeroINDEX PLUS
VeroINDEX PLUS
VeroINDEX PLUS (VIP) is an index-only based automated valuation solution that provides time-based residential property valuations derived from advanced analysis of local and regional market trends. VIP is designed to:
- Return values in non-disclosure states and remote areas where limited sales activity data poses a challenge to AVM products.
- Provide close to 100% hit rate in coverage areas when combined with user-supplied data points.
- Consider multiple, sophisticated time-based valuation methods.
- Be available on individual properties and batch runs.
- Complement VeroVALUE’s already exceptional hit rates.
Standard VeroINDEX PLUS reports include:
- Value Estimate
- Confidence Score
- Subject Property Sale History
- Historic Price Trends Graph
- Neighborhood Price Graph
VIP is able to value almost any property. With the inclusion of a previous sale and date of sale, hit rates close to 100 percent are possible.
National Coverage
Clear Value Range
Independently calculated VeroVALUE and Realistic Value Range
Local Market Data
Online Property Information and Local Market Data Access
Exceptional Efficiency
Web-based Account Management for Time- saving Efficiency
Performance & Controls
Real-time Access to Performance Metrics, Security Features, Cost Controls, Track & Reporting
Flexibility
Specialized Variations for Default Properties, Accuracy vs, Hit Rate, Portfolio Needs, Expert-assisted Valuations and Fully Transparent AVM Cascades
Get Started
TO SPEAK TO OUR SALES TEAM
1.866.458.3767 Option 2
Features
Labor market expected to remain strong in the short-term, but unemployment predicted to rise beyond 4% over the next 12 months
The real estate market is rebalancing as supply and demand are adjusting to the higher mortgage rate environment. An increasing number of prospective homebuyers have found that their dream homes have been pulled out of reach as mortgage rates climb…
Buy now or later? A prospective homebuyers’ dilemma
The real estate market is rebalancing as supply and demand are adjusting to the higher mortgage rate environment. An increasing number of prospective homebuyers have found that their dream homes have been pulled out of reach as mortgage rates climb…
Veros Economists find no evidence of racial bias in its AVM
One of the mortgage industry’s biggest challenges is identifying and preventing potential racial bias in the home valuation process. This report analyzes home valuation data in minority communities in the following cities: Chicago, Atlanta, Houston, Los Angeles, Philadelphia
