ATTOM’s new Rental AVM (Automatic Valuation Design) provides automatic rental estimates, arming actual estate experts with trusted values to make better conclusions
IRVINE, Calif., May possibly 3, 2022 /PRNewswire/ — ATTOM, a leading curator of serious estate data nationwide for land and assets knowledge, is pleased to announce it has included nevertheless a different new data item to the at any time-expanding ATTOM Table of Facts Factors – the ATTOM Rental AVM (Automated Valuation Design). This new answer, constructed from the basis of the company’s nationwide assets database, gives rent estimates for around 72 million solitary-household residences nationwide.
ATTOM’s new Rental AVM answer provides automated rental estimates on a monthly basis, arming serious estate industry experts with reliable values to assistance them make far better selections for their company and their clients. The ATTOM Rental AVM leverages the company’s nationwide assets databases and ideal-in-class geospatial layers to group and localize the value of related attributes within the identical neighborhood. ATTOM tests its rental estimates applying proven statistical strategies and by comparing to more than a person million nationwide lively rental listings.
“No matter whether you might be a true estate trader hunting to assess possible revenue and returns on investment decision, realize the viability of a new expense residence, work a actual estate platform in will need of enhanced material and Seo, or a mortgage specialist tasked with the verification method for expenditure loans, our Rental AVM answer delivers an correct estimate to assist assess and identify trends in specific geographic parts and markets,” mentioned Todd Teta, chief merchandise and technologies officer at ATTOM. “This new facts product or service further provides on our core mission to offer serious estate stakeholders with information that raises real estate transparency and increases conclusion generating. ”
For a absolutely free demo or to discover additional or about the ATTOM rental AVM to enhance your business enterprise or financial investment portfolio, get in contact with an ATTOM representative these days.
ATTOM provides high quality house information to electrical power products that strengthen transparency, innovation, effectiveness and disruption in a facts-driven economic system. ATTOM multi-resources assets tax, deed, mortgage loan, foreclosure, environmental threat, natural hazard, and community details for far more than 155 million U.S. residential and commercial attributes covering 99 % of the nation’s population. A demanding data management approach involving much more than 20 steps validates, standardizes, and enhances the real estate info gathered by ATTOM, assigning each home report with a persistent, special ID — the ATTOM ID. The 20TB ATTOM Information Warehouse fuels innovation in many industries together with home loan, actual estate, coverage, marketing, govt and a lot more through flexible details supply remedies that consist of bulk file licenses, property info APIs, real estate industry developments, house studies and far more. Also, introducing our most recent revolutionary resolution, that gives quick accessibility and streamlines information management – ATTOM Cloud.
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