VeroVALUE Preferred
The AVM that favors accuracy over hit rate
VeroVALUE Preferred
The AVM that favors accuracy over hit rate
VeroVALUE Preferred Is Your Ideal AVM for Property Valuation Accuracy
VeroVALUE Preferred balances valuation accuracy and hit rate with a more stringent focus on accuracy.
VeroVALUE Preferred takes VeroVALUE, the premier national AVM one step further, boosting its proprietary optimization techniques, tight valuation controls, and data-rich intelligence about local market activity, with strict standards on market activity, neighborhood analysis, and usable hit rates.
Built on VeroVALUE
Delivering national coverage, consistent accuracy and meaningful confidence scores.
Balanced for Accuracy
Be confident with a stringent focus on AVM accuracy.
Fueled by Market Data
Benefit from local market activity, neighborhood analysis, and usable hit rates.
When accuracy is the priority over hit rates, VeroVALUE Preferred is unmatched. As a result, it is commonly used in the first position in a multiple-AVM cascade.
VeroVALUE Preferred valuation reports include:
- Value estimate
- Value range
- Confidence score
- Available subject property information
- Market data information
- Historic price trends for the subject property’s neighborhood
Additional information such as 12-month valuation forecasting and fraud detection indicators can be added to each VeroVALUE Preferred AVM report.
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Features
Pending home sales data suggests that housing demand weakened in several metros in Q3 2022
Pending listings declined over Q3 2022 in the highlighted markets, but the extent of the decline varied regionally. Salt Lake City, UT and Las Vegas, NV witnessed the sharpest declines of 24.3% and 22.4% respectively from June to September, while in San Diego, CA the decline was less than 10%.
Veros Acquires Leading Home Appraisal Provider Valligent to Offer A Full Spectrum of Property Valuation Solutions to Mortgage Markets
Veros acquires Valligent to further revolutionize and drive the property valuation industry beyond where it is today. Together, the companies represent a powerful collateral valuation innovator in the market, providing a full spectrum of appraisal, valuation data and analytics and related collateral risk management solutions.
The housing market is cooling-off. Is it headed for a crash like in 2008? Find out why not.
After two years of rapidly rising prices, the housing market seems to have lost steam. There is widespread expectation that the U. S. will fall into recession as the Fed continues to raise interest rates. The following indicators also confirm that the trend in the housing market has shifted.
