SMARTval Description
SMARTval is an advanced digital valuation platform from CoreLogic that streamlines property assessments, allowing them to be completed without physical inspections. Collaborating with Opteon, SMARTval utilizes CoreLogic's vast property data alongside Opteon's valuation proficiency to provide precise valuations within a single business day. The platform features a user-friendly valuation process, producing comprehensive reports that encompass photographs, maps, floor plans, and analysis of market trends. With automated quality assurance measures in place, it maintains compliance with required standards, while standardized data entry fields are designed to be compatible with future decision-making systems. Furthermore, SMARTval is designed for scalability, minimizing the need for major changes to existing workflows during integration. It adheres to the frameworks established by the Australian Property Institute and meets regulatory requirements set by the Australian Prudential Regulation Authority (APRA), ensuring uniform liability coverage across all firms within the valuation panel. This innovative solution not only enhances efficiency but also contributes to a more reliable property valuation landscape.
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