AVM Technology - VeroVALUE
Now there’s a faster, better, smarter way to add sophisticated computerized market analysis and trend data to your valuation report. VeroVALUE automated valuation technology has been integrated into ClickFORMS appraisal software help you complete your appraisals faster and add new metrics and analysis to your report. It instantly delivers pre-validated comps for your review and provides independent supporting data to your report.
VeroVALUE is a state-of-the-art automated valuation model (AVM) used for residential property valuation. Veros combines the reliability of real estate fundamentals with the power of their proprietary advanced predictive technologies to provide highly accurate valuations. VeroVALUE AVMs offer property valuations in 40 states and over 600 counties. For additional information on Veros and VeroVALUE valuations, please visit the Veros web site.
Jump-start your comps selection. VeroVALUE instantly provides data on 6 comps selected based on information from a variety of sources. This has the potential of saving you significant research time. Add value to your appraisal product. Now your software can do more than simply capture appraisal data, it can access analytics and trend data that was previously unavailable to the individual appraiser.
Add independent supporting data to the full appraisal. Many types of supporting data are included in the appraisal report to back up your value assessment. Additional, independent validation in your appraisal assessment can help when you’re asked to “hit the number.”
Using an AVM to add value to your report or reduce the time needed to complete your appraisal makes AVM technology work for you. It does not feed any of your hard work back to the AVM so it can be added to their database.
VeroVALUE Property Analysis Reports include:
• Valuation estimate of market value for a specific residential property
• Valuation range reflecting current market activity
• Confidence Score
• Property Information
• Sales History
• Market Data Summary
• Market Data Detail
• Neighborhood Price Range
• Area Price Trends
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