CoreLogic has launched Automated Valuation Model (AVM) Reports for Lawyers, an innovative solution that empowers legal professionals with independent residential property value estimates, based on the same data trusted by banks and lenders.
Agrita Cliff, CoreLogic's General Counsel said that by bridging the gap in lawyers' access to quick, low-cost value estimates, the reports can enhance how lawyers engage with their clients.
“In the past, we identified inefficiencies and unmet needs within the legal sector, often fielding requests by lawyers for access to the same tools used by lenders and other property professionals. This inspired us to develop a tool that bridges the gap, empowering lawyers with timely, cost-effective property insights to deliver more informed advice, greater client value, and stronger outcomes.”
CoreLogic's AVM Report is designed to equip lawyers with a fast, cost-effective way to offer informed guidance, particularly in matters where the value of a property is relevant to the legal advice, but a full market valuation carried out by a registered valuer may not be needed.
“Traditional valuation reports can cost over $500 and take up to five days to receive, so they may not always be the most appropriate tool for every stage of a matter, and can also delay a lawyer’s ability to provide timely, confident advice”, she said.
For many early-stage or non-contentious matters, a property estimate powered by CoreLogic’s AVM provides a reliable estimate that supports sensible legal advice, without the cost, delay or complexity of a full valuation report. Each AVM report is available for $100 (including GST), payable by credit card.
CoreLogic’s AVM Reports for Lawyers offer a strategic, data-backed alternative when inspection valuations aren’t yet required, empowering lawyers to act early, advise with confidence, and safeguard their clients’ financial position.
“With no subscription and quick and easy access to industry-recognised data from a trusted source, this on-demand solution offers a faster, more cost-effective way to gain property insights, exactly when they are needed most,” said Stephen Thompson, Director Sales, CoreLogic.
What is an AVM?
CoreLogic’s Automated Valuation Model (AVM) combines rich property data, advanced AI models and cutting-edge data science to deliver reliable residential property value estimates.
It provides powerful, real-time estimates of residential property values across many of our flagship products and solutions.
Why are AVMs a valuable legal tool?
Enhance professional credibility
Position yourself as a well-informed, trusted advisor by offering quick, data-backed property estimates, particularly when clients seek practical insights early in the process.
Improve client outcomes
Deliver timely, cost-conscious advice that aligns with your client’s best interests, especially in matters that don’t yet require formal valuation evidence.
Maximise efficiency
Gain quick access to property value estimates, allowing you to focus more time on legal strategy and less on managing external processes.
Preserve the asset pool
In areas like estate planning or family law, limiting unnecessary costs helps safeguard the client’s assets, ensuring more value stays where it matters.
How AVMs add value across legal contexts?
Family Law
In separation or divorce matters where property value isn’t contested, AVMs offer a quick, cost-effective estimate, empowering you to deliver early, informed advice without the need for full valuation reports.
Disputes & Litigation
When real property features in a dispute, AVMs provide timely insights that help shape legal strategy in the early stages, before formal valuations become necessary.
Estate Planning
By reducing reliance on costly external reports, AVMs help preserve more of your client’s asset pool, ensuring greater value remains with beneficiaries.
General Practice & Conveyancing
Clients often look to you for practical, well-rounded guidance. AVMs strengthen your advisory role, enabling fast access to relevant insights, such as estimated property value or the presence of easements, when supporting property-related matters.
Where can I access AVM Reports for Lawyers?
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