Connexions Now Offers AVM and Insured AVM Products
Connexions adds AVM products to valuation software portfolio.
Apr 13, 2021
April 13, 2021 — Connexions, a valuation software company that delivers best-in-class automation, reporting, data analytics and integration for real estate valuations, is excited to announce that they have expanded their appraisal product portfolio to offer Automated Valuation Model (AVM) products and a new insured AVM product to their AMC, retail lender, mortgage broker and credit union clients.
AVM products offer a fast, economical alternative to Full Service appraisals. Connexions has integrated with a leading AVM partner to provide decades of property data and house transaction information for the best accuracy and coverage. In addition, Connexions is also offering an Insured AVM product for those vendors who are looking to further mitigate their risk.
“With a busy housing market that is predicted to continue in 2021 and the ongoing challenges brought about in the last year, many Connexions' clients are looking to shorten appraisal turnaround times,” says Tom McCormick, President & CEO of Connexions. “AVMs are a natural solution that provide an analytics-based estimate of a property's value within hours of placing the order. Recognizing that clients also want to mitigate their risk using this type of product, Connexions is offering the Insured AVM in response to this request.”
To learn more about Connexions and the new AVM products available in the Connexions appraisal product portfolio, contact Connexions at Sales@GetCNX.com.
Connexions is a leading provider of innovative technology solutions for lenders, mortgage brokers, appraisers, and appraisal management companies to achieve a faster and more efficient real estate valuation experience. Connexions is backed by The Nationwide Group (TNG) — a pioneer of outsourced financial services software and the leading appraisal management company. For more information, visit www.GetConnexions.com.