Nation’s First Fully Interactive AVM debuts in Las Vegas

STAT, the nation’s first truly interactive and transparent valuation product for Realtors and valuation professionals, utilizes patent pending technology to develop the most accurate valuation, and provides the opportunity for significant user interaction-a first in the industry.

Lakewood, CO (PRWEB) February 4, 2006 -- ValX LLC (ValX), the nation’s leading valuation technology developer, announced today the introduction of its STAT valuation product in the Las Vegas marketplace.

STAT, the nation’s first truly interactive and transparent valuation product for Realtors and valuation professionals, utilizes patent pending technology to develop the most accurate valuation, and provides the opportunity for significant user interaction-a first in the industry.

ValX CEO Thomas Huber noted that STAT is entirely unique in the marketplace, and places greater control in the hands of its users. “While there has been a lot of smoke concerning products that claim to be interactive, STAT is truly unique, in that it values the input and expertise of real estate and valuation professionals to derive a property value”.

Another unique aspect of the STAT product is its focus on helping the connect between Realtors and lenders in the marketplace. The product is designed to provide more information, greater user input, and a stronger understanding of value for a given property.

About ValX

ValX, an interactive valuation technology provider and consultancy, provides software, AVM development and validation consulting at a global level, with strategic business partners in the European Union, India and Asia. ValX and its senior management team includes some of the most recognized experts, authors, technology developers, valuation experts in the world. ValX has developed a global reputation in both automated valuation systems and geographic information systems. ValX is one the nation’s pre-eminent AVM consultancies, and has advised clients ranging from Wells Fargo, Hibernia Bank, Bank of America and Cushman Wakefield. ValX principals developed one of the nation’s first AVMs in the mid-1990’s, and the company has been actively involved in the field including the development of AVMs for the residential, commercial and agricultural marketplaces. ValX developed the technology for the nation’s first interactive AVM, STAT, which is slated for a nationwide roll-out to over 70 markets in 2006.

Media Contact:

Wendy Skaalerud

Director of National Sales

ValX LLC

303-914-9565 ext 231

wendy.skaalerud-at-valx.com

www.valx.com

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