NestRange Offers Customizable, Actionable Property Data for Real Estate and Financial Industries
06 December 2022 - 10:59PM
Altisource, an integrated service provider and marketplace for the
real estate and mortgage industries, has launched NestRange as a
cost-effective, data-informed Automated Valuation Model that
estimates the value of residential properties. This SaaS product
leverages a national property database, geospatial comparable data,
machine learning and AI to help real estate professionals,
investors and financial institutions make decisions with
confidence.
The NestRange AVM is a fully interactive tool that estimates the
value of single-family homes, condominiums, townhomes, and
multifamily/apartments. The service draws from a robust data set of
more than 150 million properties including over 750,000 active
property listings. NestRange users have control over a variety of
parameters including valuation input variables, property
conditions, and the ability to select specific comparables used in
the AVM calculation.
The platform’s features don’t stop there – NestRange AVM reports
include the NestRange Confidence Score, historical trends, detailed
local market analysis and the ability to process AVMs in bulk. The
NestRange Valuation API provides online integration and the ability
to tap into the vast data and analytics within NestRange. Explore
comparables, market information, trends, and more within your own
environment.
“NestRange offers essential tools to real estate professionals
looking for AVMs they can trust – including the ability to get
better insights into both distressed and non-distressed property
valuations,” said Israel Meir, Chief Strategy and Technology
Officer, “We’re proud to have created a SaaS product that is so
uniquely customizable.”
The NestRange property AVM platform complements Altisource’s
industry leading RentRange rental AVM service that has been
providing rental data to investors and financial institutions for
over a decade.
Interested parties can visit NestRange.com to create customized
property valuation reports now or to request a personalized
demo.
About NestRangeNestRange is an Interactive AVM
Solution for the Real Estate & Financial Industries. NestRange
provides an automated valuation model that estimates the value of
single-family homes, condominiums, townhomes and multifamily
apartments. NestRange is the latest addition to the Altisource
suite of appraisal and valuation products and services.
About AltisourceAltisource Portfolio Solutions
S.A. (NASDAQ: ASPS) is an integrated service provider and
marketplace for the real estate and mortgage industries. Combining
operational excellence with a suite of innovative services and
technologies, Altisource helps solve the demands of the
ever-changing markets we serve. Additional information is available
at altisource.com.
Investor Contact:Michelle D. EstermanChief
Financial Officer770-612-7007Michelle.Esterman@altisource.com
Press Contact:Michael JanstaChief Marketing
Officer469-833-4282michael.jansta@altisource.com
Source: Altisource Portfolio Solutions S.A.
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