What is an automated valuation analysis?
An automated valuation is what you get when you buy a report from us. We prepare our automated home valuations through a continuously updated nationwide data store to of billions of records, we gather specific data on the subject property and then estimate the value of that property in real time. Our valuations are based on comparable sales data, a price and time comparison and a complex valuation engine. Our reports are the most accurate in business, second only to a physical inspection and opinion by a qualified professional. An automated valuation is not an appraisal and no human interaction or inspection is involved in such an analysis; however banks and lenders routinely use such analysis to check the accuracy of appraisals in what is known as the appraisal review process. Further, appraisers and realtors use the same type of information when conducting valuations and market analysis.
