Automated Valuation Model (AVM)
What is an Automated Valuation Model (AVM)?
AUTOMATED VALUATION MODELS
The Automatic Valuation Models of real estate or better known in the real estate sector as AVM (Automated Valuation Model), are valuations that use an automated model and are generally applied on multiple properties or on a specific one, to obtain a market value quickly.
Our AVM model follows the guidelines of the Bank of Spain, both in its development and in its application. This, together with our experience in the real estate sector to know the variables that can have more weight in the generation of a market value, allows us to create more accurate artificial intelligence models, specifically predictive models of automated learning (Machine Learning). The model is created from an extensive proprietary database from property inspections and enriched, in addition, with external sources of different indicators of the real estate market.
This methodology allows the massive valuation of real estate, with very high levels of reliability and with the possibility of covering the entire Spanish geography, even in those areas with little activity in the real estate market. The accuracy of the model for regulated exercises is contrasted with a statistical sample selection, performing a backtesting that includes a visit to the properties by a specialized technician. In addition, we periodically re-train and calibrate the model to take into account the possible variations in the real estate market.
Who needs an Automated Valuation Model (AVM)?
NEED TO VALUE YOUR PORTFOLIO MASSIVELY?
Credit entities for the book value of properties established as guarantees or owned, in accordance with Appendix 9 of Memorandum 4/2017 of 27 November on the rules on public and reserved financial reporting and financial statement models.
Any natural or legal person who requires an affordable valuation of an entire property portfolio or an immediate estimate of the property value, accepting the margin of error shown by the model for each case.
How do we do a Automated Valuation Model (AVM)?
THE VALUE OF HAVING THE REAL-ESTATE MARKET HISTORY AND COMBINING IT WITH ADVANCED TECHNOLOGY.
01
Order
Tell us your needs by filling in our form.
We will analyze your request and assign you a specialized team.
02
Analysis
We will contact you to specify the scope of the request.
The form of delivery of a file with the properties to be appraised, the cost and the delivery time.
03
Your value
Before you get the report, the property appraisal goes through an automated calculation process that may have the manual input of our experts to produce the best result.
04
Delivery
As a single delivery: Enriched file with the value estimate, a report per property with the comparables used and a summary document with the grouped information of the entire portfolio.
Platform: You have access to the same information mentioned above. Access to the comparables in each case with their geographic layout and can modify data interactively.
Frequently Asked Questions
This depends on the type and amount of properties to be appraised.
For single deliveries, you will get the appraisal on the same day, and through the platform, you will get the appraisal in about 2 seconds.
Let’s have a chat
Share your concerns with us by filling in our form and we will contact you so that you can tell us all about your requirements.
