Veros Real Estate Solutions recently introduced iVALUATION, a platform that provides housing finance professionals with the insights they need to be confident in the accuracy of a property valuation.

With an advanced AVM and nationwide property data, iVALUATION empowers users to interact with the data and refine property characteristics, enhancing the accuracy and reliability of property value estimates.

The tool simplifies research, streamlines the selection of comparable sales, expedites verification of property valuations and produces detailed, professional reports, the company stated.

Designed with the needs of mortgage originators, home equity lenders, appraisal reviewers, investors, and other housing finance professionals, iVALUATION can help navigate the complexities of Reconsideration of Value (ROV) claims processes.

The platform’s capabilities offer the ability to cross-reference property data with multiple listing services and public records, selecting from up to 100 comparable properties and refining valuations by adjusting or adding property characteristics.

“Given the 2024 ROV policy changes from HUD and the GSEs, the timing of iVALUATION couldn’t be better,” Sarah Acosta, Veros Real Estate Solutions senior vice president of product and data operations, said in the release. “Appraisers and other housing finance professionals now have a powerful tool that not only simplifies the ROV research process but also provides a central hub for accessing nationwide data, selecting and adjusting comparables interactively, generating accurate property valuation estimates, and documenting items researched.”