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Regardless of the volume of AVMs you use in any given month, you need to feel confident that you are receiving the most accurate “value” from your AVM providers. Now, with regulators increasing their influence in the use of Automated Valuations, testing of AVMs and the validation and documentation of the testing process are fast becoming requirements.
AVMax is committed to testing. Whether you are a small local or regional lender with a small geographical footprint, or a national lender operating in all 50 states, AVMax will accommodate your testing needs.
- Individual Property Tests On-Line –
AVMax will provide you with web access to our model. Upon request, we will provide you with a “Demonstration” username and password that will provide you unlimited access to AVMax via our website for the period of one week. Enter as many properties as you wish in this time frame to receive and evaluate our full HTML reports.
- Volume Batch Tests –
Do you have high-volume needs? AVMax is happy to process your test files in a batch format. Typically, this applies to files of 500 properties or more, and is best utilized in the side-by-side evaluation of individual models in specific geographic segments. There is NO CHARGE for this service!
Send us your batch file via email to Test@AVmax.net in an Excel spreadsheet, and typically within 2 business days we will return the following:
• Value
• High Reasonable
• Low Reasonable
• Confidence Score
Example XLS batch file (right-click to download for use as a template)
Example Excel Batch File Response
We request that upon completion of your tests, you provide us with:
• benchmarks used to measure accuracy
• results of your evaluation
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