corelogic.com.au

About Us ► CoreLogic is the world’s largest property data and analytics company

► Exclusive strategic partnerships with leading industry players

► Over half a billion data decision points to assist customers when making informed and confident decisions on property

► 30 years collecting property related data and creating valuable insights

Reliable Data and Analytics

► Electronically values every property in Australia on a weekly basis and manages about 90% of Australian valuation instructions every month

► Helps professionals prepare properties for market and finance daily

► Strong and responsible lending programs for lenders

► AVM products are rigorously tested

► AVM performance reports are and analysed weekly, monthly and annually

Rental AVMThe Rental AVM is designed to assist lenders with mortgage servicing calculations and rental value verification on investor loans. It also supports investors in determining appropriate rental yields for properties and suburbs. It helps real-estate professionals deliver a consistent rental price estimate instantly whether they are property managers delivering rental reviews or sales staff assisting buyers and sellers.

By leveraging Australia’s largest property and rental listing database, our model is able to predict the rental values of properties within ± 10% of the actual advertised price, 73% of the time*. Our rental AVM incorporates property characteristics to match comparable rental residential properties to the subject, then apply price-time indexing and various statistical methods to arrive at a reliable rental price estimate.

Service Quality

Agents can use the Rental AVM to speed the process of providing ‘agent letters’ to valuers or mortgage lenders. It ensures a consistent rental estimate across the office. Investors can also be better serviced by knowing upfront what banks and valuers may use as part of loan servicing calculations and rental estimates.

Instant Verification

Mortgage applications and valuations can be instantly verified online. The solution offers a consistent and unbiased measure of weekly rental estimates for all states (for houses and units). It can be integrated into loan servicing calculations as well as valuation reports or offered as a full PDF report to assist sales staff or brokers in client conversations.

Model Performance*

CoreLogic’s Rental AVM performance is benchmarked as follows*:

► 82% of listed properties fall within 15% of observed value

► 73% of listed properties fall within 10% of observed value

Call today to discuss which CoreLogic AVMs are best suited for your business 1300 734 318© 2015 CoreLogic, Inc. No unauthorised use or disclosure. All rights reserved.

CORELOGIC and the CoreLogic logo are New Zealand and Australian trademarks of CoreLogic, Inc. and/or its subsidiaries.

*As at May – 2015