About VALS forms
The VALS forms of the start-up company realestateportal.co operate as hybrid assisted valuation composition systems.
VALS forms are a tool for democratization and transparency as they highlight the Valuer as dominant in the valuation process, placing the power of PCs at its discretion and controlled ease, while at the same time minimizing the cost of each valuation offer equal opportunities for all to work and succeed.
"Vals" forms support appraisers to save valuable time by providing them with:
- automatic text formatting and paging at a editable word file
- automatic cutting of snapshots from the location of the property on different scales (Neighborhood, Municipality, Regional Unit)
- pre-completed texts and area statistics
- land uses and building regulations (in Gold Class)
- control over the completion of all necessary factors, for each individual valuation method.
All of the above work while the Appraiser maintains complete control over the process and the result. VALS forms work amazingly, whether someone compiles a single valuation or joining a team that compiles a package of valuation with the same process and common delivery format.
Everyone can complete the automated forms and even share the individual tasks, ex. searching for comparables by creating production chains.
VALS forms retain both the advantages of individual valuations by combining the automations of automated models while retaining the right to be subject to certified valuation standards.
VALS combine logic and concentration with the breadth and grace, the hardness of the specific elements that only the Appraiser can identify with the malleable formatting of automations that information systems are able to process quickly.
With VALS forms "get valuations in your pocket".
VALS forms work perfectly for real estate appraisals that are typical of the market, due to the very low cost and significant time savings they offer, as is the case with automated AVS models. However, unlike VAL forms, automated AVS models show weaknesses and often lead to erroneous results, as the quality of the results of automated AVS valuations depends significantly on the quality of the algorithms, and the background of the database of real estate models and purchases each model uses. In VALS forms the comparative elements as well as the reduction factors are selected by the appraiser and only the formatting and the arithmetic operations are implemented automatically.
VALS forms can be defined as computing programs, with access to statistical data that Valuers use to enrich and accelerate the composition of their estimates. VALS enables the Appraiser to compile fast, valid, thorough and stylish valuations.
The VALS forms do not contain personal data of the commanders, which are then added by the Valuer to the editable Word file and therefore are compatible with the GDPR standards.
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