As a real estate industry professional, incorporating AVM (Automated Valuation Model) data into your property valuation process is not just a matter of keeping up with industry trends; it’s a strategic move that can improve efficiency, reduce costs, and enhance decision-making. Some benefits of using an AVM are: speed, accuracy, and reliability of reports, you can better navigate the complexities of the real estate market and deliver greater value to your clients.
The Enhanced Comparable Report contains AVM and Title Check data that provides you with critical property information, along with automatically generated comparable properties that deliver insightful sales data. This comprehensive report allows you to support your clients confidently, with precise valuations based on the latest data.
Stay Competitive with the Teranet Enhanced AVM Comparable Report
As the real estate market continues to evolve, staying competitive requires tools that enhance both speed and accuracy. The Enhanced Comparable Report supports this by providing accurate property valuations, comprehensive comparative analysis, and Title Check data for added due diligence.
- Accurate Property Valuation:
The report provides precise valuations using up-to-date data from the Ontario Land Registry, helping agents set competitive and realistic listing prices. This is critical in attracting sellers who want to ensure their property is neither undervalued nor overpriced.
- Comprehensive Comparative Analysis:
With a list of six comparable properties automatically generated, the report equips agents with concrete evidence to justify the suggested listing price. Sellers are more likely to trust an agent who can show them data-driven comparisons with similar properties in the area.
- Title Check for additional due diligence & peace of mind:
Teranet’s Enhanced Comparable Report also provides you with additional Title Check information helping you to identify any liens or encumbrances that may impact the purchase and sale of a property early enough.
What’s the Difference Between the Comparable Search Feature and the Enhanced AVM Comparable Report?
While GeoWarehouse’s Comparable Search feature enables you to manually search for comparable properties, the Enhanced AVM Comparable Report provides thorough property information that fully details the value of the subject property, identifies any liens or encumbrance on the property, mapping information and more. It goes a step further by automatically generating up to six property comparables.
To view an example of the Enhanced AVM Comparable Report, please click here.
Analyze the value of any property with Teranet’s AVM
To further support you in your business, the Property Insight Report with AVM range offer Title Check data, to allow you to properly analyze the value of any property and confirm critical property information. GeoWarehouse’s Enhanced Comparable Reports offer advanced comparative analysis tools that enable professionals to accurately compare properties and determine market value. Professionals can generate side-by-side comparisons of up to 6 properties, that are automatically generated. This feature allows you to make data-driven judgements about property value when creating a listing or negotiating a bid.
To learn more about the Teranet Property Insights Report with AVM range and Enhanced AVM Comparable Report register for our training session or learn more in the GeoWarehouse Academy.
