Transforming Property Valuation Analysis: Veros Launches iVALUATION, The Ultimate Interactive Tool
August 22 2024 - 5:00AM
Business Wire
Veros Real Estate Solutions (Veros®), a leading provider of
innovative real estate valuation and analytics services, proudly
introduces iVALUATION - a state-of-the-art platform that provides
housing finance professionals with the quick insights they need to
be confident in the accuracy of a property valuation. With its
powerful combination of an advanced automated valuation model and
comprehensive nationwide property data, iVALUATION is positioned to
transform the way the industry assesses property value.
Masterfully engineered to help validate property valuations,
iVALUATION empowers users to interact with the data and refine
property characteristics, enhancing the accuracy and reliability of
property value estimates. This tool simplifies research,
streamlines the selection of comparable sales, and expedites
verification of property valuations – all while producing detailed,
professional reports that instill confidence and drive
well-informed decisions across the real estate landscape.
Designed with the needs of mortgage originators, home equity
lenders, appraisal reviewers, investors, and a wide array of other
housing finance professionals, iVALUATION stands out as an
essential resource, particularly for navigating the complexities of
Reconsideration of Value (ROV) claims processes. The platform’s
robust capabilities offer the ability to cross-reference detailed
property data with multiple listing services and public records,
selecting from up to one hundred comparable properties and refining
valuations by adjusting or adding property characteristics.
“Given the 2024 ROV policy changes from HUD and the GSEs, the
timing of iVALUATION couldn’t be better,” said Sarah Acosta, SVP of
Product and Data Operations at Veros Real Estate Solutions.
“Appraisers and other housing finance professionals now have a
powerful tool that not only simplifies the ROV research process but
also provides a central hub for accessing nationwide data,
selecting and adjusting comparables interactively, generating
accurate property valuation estimates, and documenting items
researched. iVALUATION is poised to transform property analysis in
the industry.”
Beyond serving the needs of mortgage industry professionals,
iVALUATION is a valuable resource for real estate brokers and
agents looking to evaluate and determine the optimal listing price
for property sales. It also assists real estate appraisers in
enhancing the efficiency of appraisal reviews while ensuring the
justification of both property value and comparable selection.
Already trusted by major government entities, iVALUATION offers
a comprehensive solution for those seeking to navigate the complex
real estate market with greater confidence and efficiency. Future
enhancements to iVALUATION are set to assist with producing real
estate property valuations as well.
For more details about iVALUATION or to request a demo, visit
https://www.veros.com/solutions/ivaluation or contact 866-458-3767,
option 2.
About Veros Real Estate Solutions (Veros®)
A mortgage technology innovator since 2001, Veros is a proven
leader in enterprise risk management and collateral valuation
services. The firm combines predictive technology, data analytics,
and industry expertise to deliver advanced automated solutions that
control risk and increase profits throughout the mortgage industry,
from loan origination to servicing and securitization. Veros’
services include automated valuation, fraud and risk detection,
portfolio analysis, forecasting, and next-generation collateral
risk management platforms. Veros is the primary architect and
technology provider of the GSEs’ Uniform Collateral Data Portal®
(UCDP®). Veros also works closely with the FHA to support its
Electronic Appraisal Delivery (EAD) portal. The company is also
making the home-buying process more efficient for our nation’s
Veterans through its appraisal management work with the Department
of Veterans Affairs. For more information, visit veros.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240822548126/en/
Heather Zeller Vice President of Marketing
Communications@veros.com 866-458-3767