An Instant Appraisal, or Automated Appraisal Model (AVM), is a service used by many real estate agents to identify the value of a property. The industry tool combines mathematical modeling with data collected from previous sales and existing properties, while comparing homes of similar value in the same area. OtherRead More →

The pandemic has prompted fund managers to renegotiate rents in some cases and accelerated divestment from subsectors already facing longer-term problems. An estimated £ 6.4bn in rent has gone unpaid following Covid-related business closures, according to the FT, with the ban on evictions of commercial property to remain in effectRead More →

London-based mortgage broker Coreco has become the latest client to use Hometrack’s bespoke property appraisal reports, which aim to improve appraisal efficiency and accuracy. Hometrack’s property valuation reports include an evaluation of its Automated Valuation Model (AVM), local market trends, comparable properties, and recent market sales. The intelligence firm saidRead More →

Information, appraisal and automation provider Hometrack onboarded mortgage broker Coreco as the latest company to use its Property Appraisal Reports (PVRs). Hometrack’s PVRs provide relevant information reports to help better advise the client base and meet individual needs. The Residential Real Estate report includes an assessment of Hometrack’s Automated ValuationRead More →