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Property Reports FAQs

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What is a property report in real estate?

A property report is a collection of data that includes characteristics such as location; assessed value and tax information; property details such as the number of rooms, square footage; geographic and community information, such as local schools, amenities, and local demographics. Real estate professionals, buyers, sellers, mortgage lenders, investors, and lawyers use property reports as sources of information.

Who uses ATTOM’s property reports?

Anyone with an interest in real estate data can use ATTOM’s property reports. Our data are used by real estate agents and brokers, investors, marketers, insurance providers, researchers, and home service providers to power their businesses. Real estate investors use ATTOM’s property reports to find and evaluate properties and make more informed business decisions. Appraisers use ATTOM to gain instant access to sales comps beyond what’s available in the MLS for accurate valuations. Mortgage lenders use ATTOM data to check the accuracy of appraisals and use property reports to design the best loans for their clients. Insurers use climate and hazard data for risk analysis. ATTOM is also a one-stop shop for the data needs of private and government researchers.

What information is included in a real estate property report?

A real estate property report will contain all the property specifics – lot size, building specifics, room counts, year built, etc. Additionally, it will provide photos, sales history, tax and mortgage information and valuation estimations.

What are common use cases for property reports?

Real estate agents and brokers use ATTOM’s property data for valuations, distressed property search, lead generation, marketing and more. ATTOM’s services help them to find and target buyers and sellers through targeted searches and the creation of marketing lists. Finance service providers use ATTOM’s data to power real estate investing, manage assets, and inform alternative investing decisions. Mortgage providers use ATTOM’s data for underwriting, lead generation, and risk assessment. Insurance companies use ATTOM’s property data for risk and claims analysis, and marketers combine both create lists and integrate predictive analytics for propensity modeling.

Are property reports available for rental properties?

Yes. ATTOM can provide a property report for any home in the United States, rental property or otherwise. ATTOM’s data warehouse covers over 155 million residential and commercial properties, multi-sourced from more than 3,000 U.S. counties.

Do property reports include a Rental AVM for target properties?

Yes. If you want to know the potential rental income for a target property, ATTOM Rental AVM estimates the potential income using a combination of data and statistical algorithms. ATTOM groups and localizes properties using geospatial layers so that valuations consider property characteristics and also demographic and location factors, such as neighborhoods, cities, county subdivisions, and zip codes.

Why do you need a home report?

A home report is crucial for sound investment and decisions. Whether you are buying or selling, a home report will provide all property specifics along with the value of a property compared to other similar properties in the area. It will also show additional data points affecting the value of the home but not easily accessible otherwise. For example, climate data, hazard risk, and even noise pollution. The more information you can get on a home, the better you can evaluate its worth.

What makes ATTOM’s property reports so unique?

ATTOM’s property reports are unique because of the sheer amount of data points available. ATTOM’s data warehouse covers 155 million residential and commercial properties from over 3,000 U.S. counties and includes over 29.6 billion rows of transactional-level data and ~9,000 discrete data attributes.

Can I use ATTOM’s property reports to create marketing lists?

Yes. ATTOM List is a tool frequently used by real estate marketers to find new leads to target. With ATTOM’s easily downloadable data, it’s easy to find new owners, borrowers, or distressed property owners and create lists to target a demographic or property attribute. ATTOM specializes in comprehensive, up-to-date marketing lists based on factors such as owner-occupied, rental, or investor-owned properties, property characteristics, current market value, or assessed value.

Can the property reports be updated in real-time?

ATTOM’s data are updated frequently, from monthly to daily, depending on the data and their sources. The property reports that pull from our data can be updated in real-time to show the most recent information.

Does the property report give an estimate of the likely sale value of a property (AVM estimate)? If so, how is it calculated?

ATTOM provides hyperlocal valuations on more than 84 million homes across all 50 states. Individual value estimates use ATTOM’s neighborhood boundary and recent sales transaction data to capture the deviations in the local real estate market. There are multiple ways that ATTOM AVM estimates values. These include robust statistical models, market metrics derived from small clusters of similar properties, and ensemble (value blending) approaches. Close to 70% of properties are valued using a combination of these methods, and a cascading model selection algorithm is applied to choose the modeling approach that is most accurate in the geographic area surrounding the individual property. Every property receives a unique confidence score representing the precision of the AVM estimate.

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