Procision Automated Valuation Model (AVM)

Procision is a next-generation AVM product suite developed by First American® Data & Analytics that will radically advance residential property valuation technology.

SPEAK WITH AN AVM EXPERT NOW

Industry's most Premier AVM suite backed by the best data

Specifically designed for lenders, proptech, real estate professionals and others who need a fast, highly accurate, and up-to-the-minute property valuation solution. Procision applies the latest modeling technologies with the industry’s largest and highest quality database of property information to empower customers to make critical business decisions with greater speed and confidence.

3

Procision AVM Solutions

01

Procision PREMIER

For mortgage, banking, secondary and capital market sectors, Premier is a highly accurate, highly reliable industrial grade valuation, supported by full documentation and testing as required by regulators.

02

Procision POWER

Optimized for use in consumer-facing websites that need total coverage of values.

 

03

Procision DIRECT

With a high hit-rate, designed for marketing campaigns based on home price and home equity.

 

Procision Updates Every Property Everyday

Procision’s next-generation valuation model incorporates new property details and data points, while a blended ensemble modeling approach combines new machine learning technologies with industry specific modeling techniques.

PROCISION AVM MODELS

MACHINE LEARNING

Models utilize the latest decision tree and gradient boosting techniques to leverage large amounts of data

HEDONIC

Models compare houses within neighborhoods and markets, adjusting price based on features. Both statistical regression and rules-based models are used for superior accuracy

ENHANCED HOUSE PRICE INDICES

Reflect price growth and market changes, anchored in the same point in time

TAX ASSESSMENT

Adjusts assessment values to account for local rules

Have confidence in how Precise your AVM is

Procision AVM Screenshot Image

To ensure high accuracy and currency, First American Procision is run on every residential property in the U.S and updates the models underlying data on a daily basis. With Procision, you are using leading-edge technology that it is constantly updated and tested to ensure highly accurate, consistent results.

Procision AVM Screenshot Image

In addition, Procision offers:

  • Performance reporting at national, state, and county levels
  • Multi-sourced and verified data
  • Accurate and relevant confidence scores
  • Subject information such as property characteristics
  • Delivery via API, website, and bulk files

An AVM is only as good as the data, the technology and the expertise of the team who builds it.

Have confidence knowing that your AVM is supported by First American’s stature and longevity in the industry, the most complete and accurate data sets on the market, the expertise of First American’s people, and the company’s unrivaled customer service.

3,141

COUNTIES

Assessor and Property Ownership

100%

US Housing Market

3,000+

COUNTIES

Parcel Boundaries

99%

Deeds, Mortgages & Foreclosures

7.5B

Document Images

952K

Active Real Estate Listings

SPEAK WITH ONE OF OUR EXPERTS

By clicking “Submit”, you provide prior express written consent for First American to contact you for marketing by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. Message and data rates may apply. You do not have to agree to receive marketing calls or messages as a condition of getting any services from First American and may instead call the relevant phone number located at https://dna.firstam.com/contact-us for services. Consent to such calls and consent to recording and monitoring can be revoked at any time. Additional information about your privacy rights can be found at https://www.firstam.com/privacy-policy/.