First American launches monthly rent automated valuation model
Briefly

The Procision Rental AVM updates daily on about 100 million properties, including various types of homes. It specializes in providing rental estimates, value ranges, and confidence scores for better decision-making by real estate professionals and investors. Users are increasingly requiring precise and predictive rental intelligence amid rising market activity. This AVM is designed for long-term rental analysis, not for short-term or vacation rentals. Access is available through DataTree and can be obtained via API or bulk data purchases, leveraging advanced property database technologies.
The Procision Rental AVM updates daily on approximately 100 million properties, providing rental estimates, value ranges, and confidence scores for real estate professionals and investors.
Investors and real estate professionals are seeking more precise and predictive rental intelligence as rental market activity increases, according to Jon Wierks, vice president of data management at First American Data & Analytics.
The Procision Rental AVM delivers rental valuations at the speed, scale, and accuracy necessary to inform confident data-driven decisions on rents and forecast potential returns.
The system utilizes First American's property database and modeling technology and can be accessed through DataTree, via API, or bulk data purchases, focusing on long-term rental analysis.
Read at www.housingwire.com
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