PropStream announced another enhancement in its lineup of updates powered by machine learning—AI property values and AVM (Automated Valuation Model).
By upgrading the estimated value function (AVM) powered by machine learning, PropStream stated it can provide the most up-to-date property values by pulling them from several data sources and updating them with its machine learning AI as soon as they’re available.
“PropStream is committed to transforming how real estate data is collected and used with the integration of new predictive AI features,” said President Brian Tepfer. “Our first release is a new AVM powered by machine learning—giving our users an edge in their property research and comping to collect the most precise, diverse, and dynamic property valuations—empowering them to make educated decisions.”
From adding the Demographics datasets to now incorporating a machine learning AVM, PropStream stated it is “leading the charge in optimizing real estate data for practical, modern use.”
To learn more about this update and how the AI model is used, check out PropStream’s blog.
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