ValueSmartTM

Improve your property valuation estimates with ValueSmart™ – DataQuick's highly accurate automated valuation model (AVM). A proven tool, ValueSmart delivers results in seconds to help speed the loan process, improve customer service, and reduce costs – a powerful tool for:

• Lenders and Underwriters
• Appraisers
• Brokers
• Investors
• Realtors

Streamline the Valuation  Process

ValueSmart is a cost-effective way to streamline the lending process, manage risk, pre-qualify buyers, and expand your business opportunities. Leverage DataQuick's depth of experience as a provider of intelligent AVM solutions, backed by a national database of current public record information. ValueSmart features:

• Up-to-the-minute data including multi-sourced public records with new sales transactions added daily
• Detailed property information offering estimated values plus a report function with configurable property information
• Confidence scores that provide a balance between hit rates and accuracy

Valuation Methods Optimize Accuracy and Coverage

ValueSmart uses four separate models plus DataQuick's own housing price index:

• Hedonic Model values properties based on property characteristics by region.
• Repeat Sales Index updates the market value of a subject property using historical sales activity.
• Tax-Assessed Value is derived from assessor valuations and sales ratio studies of the tax assessments. Adjusts for the differences between tax assessed and market value, calculated at the jurisdiction level.
• Appraisal Emulation, based on sales comparables, works like an appraiser to provide a property valuation.
• DataQuick's Neighborhood Level HPI utilizes unique methods to achieve highly refined trending for home prices at the ZIP 6 level. DataQuick's neighborhood level HPI is updated monthly and provides forecasting.