Automated Valuation Model
Confidence comes from knowing your securities are valued correctly. Residex is the inventor of the modern day AVM and provides them to the major banks, building societies and credit unions.
When used as recommended, you will be stunned by our accuracy. Residex will provide a value that is within 10% of the ultimate sale price in better than 90% of cases. Testing of the Residex model against all other providers has proved that it is superior.
Each value has attached to it an expected error which allows the user to immediately know if the calculated value is acceptable for use.
The Residex AVM, unlike any other provider, also gives an AVM for weekly rent. The rent AVM has been demonstrated to be more reliable than rental estimates provided by licensed valuers and is an invaluable tool when considering investment loans.
In a unique first, Residex also risk scores security and provides the lender with a rating between one and five, indicating the potential for the security to fall in value over the next 3 years.
Portfolio value determination
Residex has developed a unique method of identifying the value of a total portfolio of securities without harming or degrading the values that are determined at the time a professional valuer inspected the property.
The Residex approach provides portfolio values at various confidence bands specified by you. You will know where your marketing opportunities are, the suburbs that are exposed in terms of risk and be in a position to reduce your tier one capital requirements.
The Residex approach will allow you to update values inexpensively and quickly. Let us know that you want them revalued and before close of business you will have the required information.
Want to know which of your customers are on the move? Residex can tell you. Make sure other Financiers don't take your existing customers, get a daily list from us revealing what properties are newly listed for sale or rent.
Want a unique lead generation process? Speak to us as we can make sure potential customers stay on your web site.
For further enquiries or to join the large number of happy Residex customers, please fill out the form below.