A tool designed for lenders and surveyors.
It allows clients to receive alerts when a valuation is outside its predetermined risk parameters and identify possible over/under valuations. It also allows clients to receive a set of KPIs related to the effectiveness of surveyors/valuers.
valSafe™ works by checking the valuation of the property under assessment, against a set of data points. It will return alerts in case the risks identified are not in line with the predetermined risk appetite/level of the user.
ValSafe™ assesses each valuation report against 9 automated system checks including our proprietary Automated Valuation model ValCheck™, market data transactions and local evidence. It flags an alert if any of the checks fail the accepted criteria limit setup.
All scoring parameters and risk levels will be customised in line with your risk appetite.