Residential Real Estate Valuation Data Software

Our software provides robust valuations within seconds, which include as-is value, multiple ARVs, and renovation cost estimates. The system identifies the most profitable renovation strategy based on this data, and allows clients to further underwrite with a fully transparent and interactive platform.  Ideal for both lenders and investors.

We also provide additional products including Desktop Reviews, Inspections, Full Service Reviews and Property Risk Reports.  Many of these additional products are popular among mortgage note investors.

YOU CAN’T AFFORD NOT TO HAVE THIS INTELLIGENCE.

You can’t afford to continue operating in the dark. Let us shine a brighter light on your properties for you!

  • Automated Values
  • Desktop Reviews
  • Full Service Reviews
  • Property Risk

Investors: You could be missing deals, overspending on your rehab, holding onto properties too long, and LOSING PROFITS!

Secondary Market: You’re paying too much for diligence without getting the accuracy you need, and nobody is showing you the true risk at an asset-level.

Lenders: You could be failing to identify the mismatch between borrower renovation SOW and the proposed ARV, thereby exposing you to unnecessary investment risk.

Servicers and Asset Managers: You could be hurting your IRR and client recoveries, limiting your value and growth potential! Overspending, underspending, overpricing, or underselling can all have a significant impact on your portfolio returns.


AUTOMATED VALUES

Instant Intelligence. Deeper Understanding.

Automated Values, with access to an interactive UI for review, customization, and saving your own opinions of value on every asset.

BENEFITS:

  • Accuracy: Empirical data shows that our system produces results within 15% of actual sales prices for 94% of properties across 130+ markets in 40 states.
  • Transparency: Complete transparency to all comps, images, property data, and other information.
  • Interactive Underwriting: As great as the automated accuracy is, we’re not perfect!  We built the system to enable ultra-fast interactive underwriting, and we encourage every client to review, adjust, and/or customize the underwriting on each asset.

APPEALS TO: 

  • Asset Managers
  • Lenders
  • Investors
  • Property Managers
  • Servicers
  • Scaled firms with internal underwriting staff

REPORTS INCLUDE:

  • As-Is and ARV values at multiple levels of renovation
  • Estimated renovation budget at each level
  • Identification of the optimal rehab strategy
  • Full transparency to all comps and images
  • Ability to modify, adjust and refine the underwriting
  • Print final results to PDF and save

TURNAROUND: 30-45 seconds


DESKTOP REVIEWS

A Fraction of the Time. A Fraction of the Cost.

Automated Values + Expert Review by RicherValues’ expert underwriters. End product is a completed report with all components from the Automated Reports.

BENEFITS:

  • Accuracy: Empirical data shows that our system produces results within 15% of actual sales prices for 94% of properties across 130+ markets in 40 states.
  • Speed: Determine your conclusions 75-90% faster.
  • Transparency: Complete transparency to all comps, images and information.
  • Expertise: Human review, adjustments, and underwriting by valuation experts and/or real estate agents to verify and validate the numbers and comps within the report.

APPEALS TO:

  • Servicers
  • Asset Managers
  • Firms without internal underwriting staff or who wish to use third-party reports

TURNAROUND: 48 hours


FULL SERVICE REVIEWS

Full Property Inspection. Comprehensive Intelligence.

Automated Values + Inspections (interior or exterior) + Desktop Review = a full-service BPO-replacement…for a FRACTION of the cost!!

BENEFITS: 

  • Accuracy: Empirical data shows that our system produces results within 15% of actual sales prices for 94% of properties across 130+ markets in 40 states.
  • Speed: Determine your conclusions 75-90% faster.
  • Transparency: Complete transparency to all comps, images, property data and other information.
  • Expertise: Human review, adjustments, and underwriting by valuation experts to verify and validate the comparables, valuation estimates, and renovation costs provided within the report.
  • Inspection: Verified property condition with interior or exterior property inspections, anywhere nationwide.

APPEALS TO: 

  • Servicers
  • Asset Managers
  • Note Buyers
  • Whole Loan Trading
  • Firms without internal underwriting staff or who wish to use third-party reports

TURNAROUND: 3-8 days, depending upon client urgency and requirements


PROPERTY RISK

Non-conforming properties can take longer to sell and can bear more risk. Analysis on whether the Subject Property is conforming with the neighborhood and nearby sold comps.

BENEFITS:

  • Objectivity: A pure, quantitative assessment of the subject property.
  • Conformance: Flag whether the subject property is conforming or non-conforming within the neighborhood and hyper-local search radius.
  • Hyper-Local: As with everything we do, we focus on a hyper-local area for every property, in contrast with other platforms which focus on the zip-code level and/or areas even larger.
  • Risk Management: Understanding the full context of the subject property versus the market is an important step in managing risk.

APPEALS TO:

  • Lenders
  • Investors
  • Note Buyers
  • Asset Managers

TURNAROUND: Milliseconds

RicherValues uses AI to deliver the fastest, most advanced way to analyze residential property nationwide.  Our clients include lenders, investors, hedge funds, asset managers, and note buyers.  The software provides immediate, accurate asset-level intelligence, valuations, and renovation cost estimates to help you grab deals faster, mitigate risk, and maximize your profits.

To our knowledge, we’re the only valuation software company built upon experience of actually purchasing, renovating and selling thousands of residential homes and mortgages.  In fact, during the last downturn, our founder led an investment firm in acquiring, servicing and liquidating over $1B in real estate and mortgages from 2008 – 2013.  Ask us for our accuracy studies!  Contact us to test the analysis on your own deals!

EXPERIENCE MATTERS

We bring a powerful combination of capabilities in three core areas, which has led to our success.

  • Real Estate: Acquired, renovated, and sold over $1B in real estate and mortgages nationwide from 2008 – 2013. Underwrote over 150,000 residential assets nationwide, encompassing over 5,000,000 sold comps.
  • Economics: Advanced degrees in applied economics. Consulted for some of the nation’s largest, most successful companies in all industries.
  • Technology: 18+ years developing cutting edge technology and software applications for the real estate, mortgage servicing, and related financial sectors.

 

Year Established

2019

Office Locations

Scottsdale, AZ

Services

  • Data
  • Software
  • Risk Assessment
  • Investment Due Diligence

Real Estate Sectors

  • Residential Investment Real Estate
  • Private Mortgage Lending

Customer Types

  • Private Mortgage Lenders
  • Wholesale Mortgage Lenders
  • Residential Property Investors
  • Note Investors

The only AVM that incorporates ARV with such precision. RicherValues is fast efficient, flexible, and a pleasure to do business with!

Sheldon Smith

SL Capital | Nationwide Lender in 48 States

The industry’s valuation process is archaic and subjective. RicherValues provides the objectivity needed in the right places and gives clear confirmation of appraisal received and/or necessary comps when there is a disagreement in appraised value. Great tool!

Jeff S.

Revolver Finance

Great value check based on renovation amount per loan. The software is very easy to use, and the photos are very helpful!

Kendra M.

Boomerang Capital | $50mm Regional Lender

Evaluating ARV Values is huge for my business

Michael L. Hoffman

Longhorn III Investments