Valuation - Relar Simple
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Relar Simple report provides a simple valuation of the subject with the following:
- Relar Simple Report calculates the 5 Top Comparables
- Subject Valuation, GLA and Bing Map Above View of Subject & Comparables.
- Address, GLA, Date Sold & Price, Distance to Subject of Comparables.
- Lower cost than Relar Full Report.
- Used for validation of Appraisal’s and BPO’s
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Key Advantage of this report:
- It is our unique model and algorithm that Acumi report but available at lower price
- Uses similar technology to comps selected for AVM
Valuation - Relar Ranged
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Ranged Simple Valuation report provides a ranged simple valuation of property with following three key ingredients
- ADVantage Comparables Report selects only Top 5 comparable
- Used for Sold, Pending, Open & Expired MLS Comparables
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Key Advantage of this report:
- It is our unique model and algorithm that Acumi report but available at lower price
- Uses similar technology to comps selected for AVM
Valuation - Relar Full Report
- Relar Full Report is the only AVM report that provides a “Today Value” and a “Forecasted Value” that answers the question “If I put my house on the market today, when will a buyer arrive in time and what will a buyer pay for the house”. Price can vary along the time continuum making other models useless. We added a “Today Value” by calculating time on market and running the model retrospectively using that time calculation as if a buyer arrived in the past to create a today value.
- Today Value, Forecasted Value with +/- Ranges & Confidence Scores.
- Title & MLS considered comparables and model selected comparables.
- Top 5 Comparables
- List to Sales Ratio %, Time on Market +/-, Forecast Standard Deviation.
- Short sale price predictions & ranges for 30, 60 and 90 day values.
- Market indices for Current Market, Prior 3 & 6 Market, Active, Pending, Sold & Expired Listings
- Property Descriptions & Gross Living Area from both MLS and Title
- Retrospective valuations using Title & MLS data going back 25 years.
- Model Identifies if “FC” Foreclosure, “SS” Short Sale “REO” Bank Owned.
- Comparable APN, Sale Price, Bed/Bath, Sale Date, House Size, Distance to Subject.
- Used for BPO and Appraisal comparable validation and consideration.
Quantarium Collateral Liens LTV Equity
Valuation - Quantarium Full Report
- The Quantarium Full Reoprt uses multiple models that cascade in two dimensions, based on geography and model technique. In other words, multiple valuations techniques and learned corresponding valuation parameters are used to produce a final valuation. Quantarium trains and validates the Quantarium Full Report using sale prices as a proxy for true value. Sale values are validated for correctness using a combination of statistical outlier detection and domain specific heuristics
Valuation - Quantarium Simple
Comps ADVantage by Radius
Comps ADVantage by Polygon
Relar Selected MLS Comparables
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Relar Selected MLS Comparables Report Provides:
- RELAR AVM model selected Sold, Open, Pending & Expired MLS Comparables
- Model Identifies if “FC” Foreclosure, “SS” Short Sale “REO” Bank Owned.
- Comparable APN, Sale Price, Bed/Bath, Sale Date, House Size, Distance to Subject.
- Used for BPO and Appraisal comparable validation and consideration.
Equity Calculator - Valuation Less Loan Balance
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Equity Calculator predicts equity based on:
- Use last recorded mortgage Information & date
- Deduct Amortization Payment to date plugging in 30 year mortgage with interest rate of that time.
- Use Relar AVM to calculate current value for Net Equity.
Title - Vesting Encumbrance Tax
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Our vesting, encumbrance & Tax report
- Title
- Lien
- Encumbrance
- Vesting information
- Property Tax History
Monitoring - MLS & Title Surveillance
- Monitoring helps our client monitor flagged/identified properties for MLS and Title activities
- Our system allows flagging one or many property for one or many attributes such as Listing Status Change, Price Change and continue with: title vesting, encumbrance and tax recordings.
- It can automatically trigger email, or xml notification of listing activities for selected properties
Listing - Area 3 Month MLS Status Changes
- Delta Call Report includes listing changes for time period selected.
- Listing Changes in Last Three (3) months
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Search Result Includes:
- Open
- Pending
- Expired
- Sold
Address - Validation
MLS Photos
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