The Value of the Machine Learning Approach in Tech-Based Valuation
We’ve published a new white paper! “Embracing the Next-Generation AVM” is hot off the press and explores:
- What financial institutions should look for in an AVM provider
- The many uses of AVMs, including for HELOC lending, pre-valuation, portfolio valuation, and more
- The differences between marketing-grade and lending-grade AVMs
- The formula for a highly-accurate, lending-grade AVM
- Why the best AVMs should be built upon MLS information and other quality data
- Why the “valuation expertise” component is missing from most AVMs
- Why the “stats approach” may result in a model that is less accurate and much less scalable
- Why modern AVMs use the “machine learning approach”
- The human-driven considerations during valuation
- AVMs versus appraisals, and why the best AVMs “think” like appraisers
- And more
Click the button below to get this free white paper.
