The RPS Automated Valuation Model (AVM) delivers cost-effective, commercial grade, and instant automated home valuations. It is a national solution built using highly advanced machine learning systems and tree-based models, which can take into account extensive and diverse data sets, learn from the data in their environment, as well as incorporate new and different situations, as the market evolves.
Meaningful, supporting information is also provided in our output reporting, such as multiple confidence scores, homogeneity scores, and market price trend charts. The RPS AVM can be provided by batch, real time through a browser or via an XML integration. It is part of a full suite of valuation products such as our customizable cascade that includes other market-leading AVM providers and desk-top appraisals (desk-top, drive-by and full) to help balance cost, risk, and detail, as well as portfolio valuation services.
Whether for use at origination or for portfolio reviews, the RPS AVM provides you with the information you need to make better and more informed decisions.
Other Innovations in AVM: The RPS Rental AVM enables better business and underwriting decisions.
The RPS Rental AVM is a national, commercial grade AVM that can provide instant estimates of monthly rental income on residential properties. It is the first of its kind in Canada using machine learning and offers a reliable, instant and cost-effective solution to expedite underwriting decisions. The Rental AVM delivers a value, a range and confidence score and can be provided in real time via an API, a portal or in batch. It can be accompanied by an RPS AVM estimate of market value on the property, and forms part of RPS’ full suite of valuation products that help balance cost, risk, and time.