LPS AUTOMATED VALUATION MODELS
Factor economic and local market conditions into your property valuations with a fast turnaround.
LPS Applied Analytics
delivers complete, fully detailed valuations for virtually any property – across town or across the country. LPS AVMs leverage our own industry-leading property database and sophisticated underlying technology to help you make the most informed decision from a single, affordable source.
Whether you use our AVMs as your primary or secondary valuations, expect a tremendous boost in your efficiency with the following:
- Accelerated valuation process
- Increased productivity
- Improved risk management
- Maximized cost savings
INCREASE ACCURACY. ADJUST FOR CONDITION.
You can also benefit from LPS’ ValueSure Condition Adjusted (VSCA) valuation model – the first of its kind to be created by a nationally recognized automated valuation model (AVM) provider.
The ValueSure VSCA is one of the first AVM products to support the Department of the Treasury’s Interagency Appraisal and Evaluation Guidelines (IAG).
This valuation model is unique to the market. Upon receipt of an order for a valuation, a licensed real estate agent physically reviews the property to determine whether or not its condition is consistent with neighborhood norms. Only when the licensed agent has made a judgment as to the property’s relative condition can the AVM be processed, and that information is taken into consideration to create a condition-adjusted valuation. In some cases, the property condition can be so poor as to disallow the use of an AVM at all.