Interthinx, based in Agoura Hills, Calif, has introduced the Interthinx Conditioned Valuation Model (CVM), an automated valuation technology and analytics solution.Â
According to the company, the Interthinx CVM allows for more reasonably priced and comprehensive due diligence for businesses requiring more information than a conventional automated valuation model (AVM) can offer. The CVM starts with an AVM that uses a multiple listing service and public data to factor current market conditions for the greatest accuracy, and then applies an adjustment based upon an exterior inspection of the property and neighborhood by a professional third-party inspector. The CVM report includes photos of the subject property, neighborhood condition, a condition adjusted value and market price trends.
‘The CVM combines powerful valuation analytics that factor property condition by an objective third party to produce an accurate, transparent property valuation at a cost-effective price,’ says Mark Chapin, chief valuation officer for Interthinx.