Veros Real Estate Solutions (Veros) is pleased to share that VeroVALUE® now includes valuations for triplex and quadruplex properties. This expansion directly increases your hit rate by providing accurate automated valuations for these multi-unit residential properties, complementing our existing single-family residence and condominium coverage.
What This Means for You:
- Increased Footprint and Hit Rates: By incorporating triplex and quadruplex properties, VeroVALUE now delivers an expanded footprint, resulting in higher hit rates across your property valuation workflows. This expansion translates to more valuations and reduces reliance on manual processes.
- Enhanced Duplex Accuracy: The inclusion of more condominium and triplex comparables further refines the accuracy of duplex valuations, providing you with even more reliable results.
- Comprehensive Coverage: VeroVALUE now seamlessly covers single-family residence, condominium, duplex, triplex, and quadruplex properties, offering a more complete picture and versatile valuation solution.
The VeroVALUE Advantage:
Since its launch in 2001, VeroVALUE has established a strong reputation for:
- Proven Model Quality: Leveraging sophisticated predictive modeling techniques, advanced technology, and high-quality data, VeroVALUE delivers valuations with exceptional reliability.
- Industry-Leading Hit Rates: Consistently achieving high hit rates in key U.S. markets, VeroVALUE ensures you get the valuations you need, when you need them.
- Transparent and Reliable Estimates: VeroVALUE provides clear, transparent value estimates coupled with confidence scores that accurately reflect valuation accuracy.
- Expert-Driven Development: Our in-house team of modelers, statisticians, economists, data scientists, and industry experts continuously refine and enhance VeroVALUE, ensuring its performance remains at the forefront of the industry. We employ a “Care and Feeding” approach, continuously updating and refining our models with daily adjustments to ensure optimal performance.
- Rigorous Testing and Validation: VeroVALUE undergoes rigorous internal testing, end-user customer testing, and independent third-party evaluations to maintain its exceptional accuracy and reliability.
- Fitch Ratings Recognition: Consistently recognized by Fitch Ratings as a leading AVM provider, VeroVALUE stands as a testament to our commitment to quality and accuracy.
Empower Your Valuation Workflow:
With the expansion to include triplex and quadruplex properties, VeroVALUE further empowers your valuation workflow, providing you with the accuracy, efficiency, and reliability you need to succeed all from one provider.
To discover how VeroVALUE can enhance your valuation processes, contact us today! We are committed to providing our clients with the most advanced and reliable AVM solutions in the industry. The expansion of VeroVALUE is a testament to that commitment.
