Flexible Solutions. Precision Results.
AVMetrics combines technical skill with regulatory expertise to form the only completely independent specialist in the testing and application of Automated Valuation Models (AVMs).
AVMetrics offers:
- National and Regional AVM Testing and Validation
- Model Preference TablesTM
- Cascades
- AVM Benchmarking
- Fair Housing and Disparate Impact Testing
- Best Practices, Policies and Procedures
- Expert Witness and Litigation Services
National/Regional AVM Testing and Validation
The foundation of AVMetrics’ services is its national AVM testing, done every quarter with a database of hundreds of thousands of recently purchased properties. AVMetrics can test non-commercial (internal) models against these benchmarks and provide detailed analysis of performance for ongoing improvement.
Model Preference TablesTM
Based on the national testing, our Model Preference Tables (MPTsTM) are built using a proprietary scoring algorithm. They can be scaled to specific geographical applications or AVM groups.
Cascades
Built on our MPTs and integrating variance analysis, including Forecasted Standard Deviations, Floors and Cielings, AVMetrics’ cascades are custom designed to reflect each client’s business logic and risk tolerance. The result is a tailored model selection that optimizes AVM selection, reduces forecast error, and supports Interagency Guidelines.
Because AVMetrics’ analysis is independent and not tied to any single model provider, our cascades are based on a cross-model evaluation of performance—providing an objective foundation for AVM selection.
AVM Benchmarking
For institutions with internal analytical and modeling capabilities, AVMetrics provides access to a comprehensive, standardized dataset to support independent AVM testing and internal model validation. Throughout each quarter, we collect residential transaction data on a rolling basis, apply rigorous quality controls (including scrubbing and deduplication), and submit properties to participating AVM providers for valuation. The resulting outputs are consolidated into a single, structured dataset enabling institutions to conduct their own analyses, and develop internal model preference frameworks.
Best Practices, Policies and Procedures
AVMetrics’ expertise with Interagency appraisal guidance and AVM Quality Control Standards enables us to develop and refine customized policies and procedures that support a consistent and defensible approach to AVM use. We work with institutions to evaluate business processes, assess current AVM usage and enhance collateral valuation policies to align with supervisory expectations and investor guidelines.
Expert Witness and Litigation Services
AVMetrics has provided expert witness services and analysis in large-scale litigation, including case evaluation, strategy, education, research, reporting, deposition, and testimony.
