Veros adds 'Realtors Valuation Model' to AVM lineup

NAR's RPR will split revenue with Lender Processing Services

Risk management and collateral valuation services provider Veros Real Estate Solutions has added an automated valuation model from Realtors Property Resource to its lineup of AVM products for lenders and investors.

RPR, a subsidiary of the National Association of Realtors, generates analytics products based on public property records and historical listings data obtained through partnerships with multiple listing services. Santa Ana, Calif.-based Veros is now a reseller of one of those products, an automated property valuation called a Realtors Valuation Model (RVM).