REV provides technology and solutions, using leading automated valuation models (AVM) and Computer-Assisted Mass Appraisal (CAMA), to enable real estate specialists to manage the complexity of real estate appraisal.
REV offers scientifically based statistical (AVM) and automated (CAMA) valuation models. The intuitive software fits in optimally with the work processes of real estate specialists. Extensive bulk operations facilitate the process and ensure consistency. This means that real estate is valued periodically in a reliable, efficient and transparent manner.
Advanced valuation models, extensive bulk operations, efficient valuations.
Real estate valuation
Do you know the current vacant possession value or market rent of your real estate? Your information is often outdated because real estate values are by definition subject to change. In addition, the quality and objectivity of valuations play an important part. With our Automated Valuation Model (AVM), Ortec Finance offers you a fitting solution which is based on more than 25 years of experience in model-based valuation and extensive market knowledge. From a statistical and scientific viewpoint, it's the most reliable valuation model available in the Netherlands and it's recognised by supervisors, mortgage lenders, valuers, and accountants. With AVM you always have an objective and current vacant possession value and market rent at your fingertips.
WOZ-valuation
Valuations within the framework of the WET WOZ are performed on an annual basis. The whole process of PMA, valuation, objection and appeals is time-consuming and expensive. OrtaX streamlines this process. Our valuation application supports municipalities in their WOZ-tasks. It's a unique application that links model-based valuation to excellent knowledge of computerisation and valuation. OrtaX allows you to increase efficiency, reduce costs, and get a better grip on work processes. The practice-based software has been developed for municipal taxation purposes and fits seamlessly with your different work processes.
More about OrtaXA few of our customers
Contact
Steven Veeger
Business Developer
Maarten Fronik
Managing Director Real Estate Valuation
Pieter Postma
Business DeveloperRelated Insights
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09 May 2022Ortec Finance on tour to meet students this weekThis week Ortec Finance visits Delft and Groningen to meet students and show our career opportunities on May 10, 11 and 12.
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13 April 2022Daily appraisal of commercial real estate a new mixed frequency approachWe present a mixed frequency repeat sales model for commercial real estate, taking into account changes in net operating income between the date of buying and selling the property. Moreover, we relate monthly private market index asset returns to lags, up to 1 year, of daily (REIT) index returns.
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13 April 2022A Machine Learning Approach to Price Indices: Applications in Commercial Real EstateThis article presents a model agnostic methodology for producing property price indices. The motivation to develop this methodology is to include non-linear and non-parametric models, such as Machine Learning (ML), in the pool of algorithms to produce price indices.
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16 February 2022Baby Booms and Asset Booms: Demographic Change and the Housing MarketHow do changes in the age structure of the population impact housing markets? This paper uses centuries of data to show that demographic changes are a key determinant of house prices.
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07 September 2021Ortec Finance COO Martijn Vos in CIO’s top 20 global most influential knowledge brokersEach year, CIO asks a varied group of respected chief investment officers and allocators which consultants and advisors have “done right by them” for the current markets.
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15 June 2021Investment performance method by Ortec Finance republished in Journal of Performance MeasurementOrtec Finance is honored that the Journal of Performance Measurement (JPM) republished a Landmark article that was co-authored by Elske van de Burgt
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29 August 2017The Hierarchical Repeat Sales Model for Granular Commercial Real Estate and Residential Price IndicesThis paper concerns the estimation of granular property price indices incommercial real estate and residential markets. We specify and apply a repeat salesmodel with multiple stochastic log price trends having a hierarchical additive structure: One common log price trend and cluster specific log price trends in deviationfrom the common trend.
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01 March 2017What Causes the Positive Price-Turnover Correlation in European Housing MarketsThis paper examines what determines the correlation between prices and turnover in European housing markets. Using a panel vector autoregressive model, we find that there is a particulary strong feedback mechanism between prices and turnover.