Property Risk
Analysis on whether the Subject Property is conforming with the neighborhood and nearby sold comps. Non-conforming properties can take longer to sell and can bear more risk
Benefits:
Objectivity
a pure, quantitative assessment of the subject property
Conformance
flag whether the subject property is conforming or non-conforming within the neighborhood and hyper-local search radius
Hyper-Local
as with everything we do, we focus on a hyper-local area for every property, in contrast with other platforms which focus on the zip-code level and/or areas even larger
Risk Management
understanding the full context of the subject property versus the market is an important step in managing risk
Appeals to:
Lenders
Investors
Note buyers
Asset Managers
Turnaround:
Milliseconds
Sheldon Smith
The only AVM that incorporates ARV with such precision. Rodney’s system is fast efficient flexible, and a pleasure to do business with.
Kendra M.
Great value check based on renovation amount per loan. The software is very easy to use, and the photos are very helpful!
Jeff S.
The industry’s valuation process is archaic and subjective. RicherValues provides the objectivity needed in the right places and gives clear confirmation of appraisal received and/or necessary comps when there is a disagreement in appraised value. Great tool!
Michael L. Hoffman
Evaluating ARV Values is huge for my business