Automated valuation models (AVMs) were introduced in the mid-1990s and since that time, their uses have expanded from quality control checks to all aspects of property valuation. The willingness to accept computed valuation information has increased with the technology’s ability to provide objective, fast and cost-efficient information. Further, AVMs have opened the door to a suite of predictive analytic products which provide users with the ability to forecast values, identify possible fraud, examine risk from various angles, assess values and risk in default properties, examine the work of an appraiser and automatically self-tune systems and vendor relationships. David Rasmussen, senior vice president, operations for Veros, took a moment to talk to Valuation Review about the current climate of predictive technology.