N4 Solutions has predicted that AVM technology will be much broader than just valuations providing brokers and lenders with opportunities for added value services.
Since launching AVM desktop valuations, N4 has been working on a number of developments which will see AVMs used in a much broader context including buy-to-let investment management tools for mortgage brokers, providing them with the same analysis tools as available to investment advisers, including portfolio management, capital appreciation and yield analysis.
N4 predicts that AVM technology will be utilised by anyone that has an interest in pricing either individual properties, such as end consumers and local authorities for personalised rates calculations, through to portfolio managers for more accurate securitisation modelling.
David Wiseman, consultancy director, N4 Solutions, says: “Much of the current debate is focused on the short term implication of AVMs, with little regard for what they could mean for the industry.
“We see a very real opportunity for brokers who specialise in buy-to-let to offer portfolio management facilities, which will not only create additional revenue, but guarantee a regular dialogue.
“The technology will be used in an even wider perspective and will increase the accuracy of everything from local property taxation to house price indices.”
Since launching AVM desktop valuations, N4 has been working on a number of developments which will see AVMs used in a much broader context including buy-to-let investment management tools for mortgage brokers, providing them with the same analysis tools as available to investment advisers, including portfolio management, capital appreciation and yield analysis.
N4 predicts that AVM technology will be utilised by anyone that has an interest in pricing either individual properties, such as end consumers and local authorities for personalised rates calculations, through to portfolio managers for more accurate securitisation modelling.
David Wiseman, consultancy director, N4 Solutions, says: “Much of the current debate is focused on the short term implication of AVMs, with little regard for what they could mean for the industry.
“We see a very real opportunity for brokers who specialise in buy-to-let to offer portfolio management facilities, which will not only create additional revenue, but guarantee a regular dialogue.
“The technology will be used in an even wider perspective and will increase the accuracy of everything from local property taxation to house price indices.”
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