AUTOMATED VALUATION MODELS (AVMS)

First American Advanced AVM Methodologies and Confidence Scores

• Ensemble modeling approach, combines several industry standard modeling techniques
• Valuation based on property comparables, features, historical home values and listing data
• Statistically well-defined metric (Forecast Standard Deviation) for confidence, that remains consistent across vendors and models
• Testing performed on data that is representative of your experience, mirroring the geographical footprint and the property types of your business