FAQs - Data

Q: Where does Avenu get its data?

A: Avenu data comes from numerous data sources that include national data aggregators as well as local data sources such as public records and other databases.

Q: Is Avenu data compliant and credible?

A: All Avenu data originates from credible, publicly available sources. Avenu does its best to ensure all compliance standards are met to the highest degree in obtaining and distributing data within Avenu.

Q: How accurate is the data in Avenu?

A: Avenu combines reliable data sources with industry-leading predictive analytics and algorithms to deliver best-in-class data accuracy, giving real estate agents more information than ever before. However, no data source is 100% accurate and users should expect discrepancies at times, as data sources are subject to measure and quantify. When data inaccuracies exist in local records, users are encouraged to interpret those inaccuracies according to local norms.

Q: What algorithms are used within Avenu?

A: Avenu uses several proprietary algorithms in predicting the likelihood that homeowners will be interested in buying or selling a home. Pairing those algorithms with industry-leading data filters and layers, users can generate marketing lists and campaigns to reach out to ideal prospects—far more effective than the traditional “spray and pray” and “cold call” approach used by many agents.

Q: How does Seller Finder work?

A: Seller Finder analyzes the relationships between homeowner & property data points, then predictably scores each home for likelihood to sell.

Q: How does Buyer Finder work?

A: Buyer Finder predicts an individual’s likelihood to buy a specific home, analyzing homeowner data, property data and historical buying trends.

Q: What is the Household information in Avenu?

A: Gathered from public records and other databases, household information helps users better understand property occupants as renters or owners, whether or not children or teenagers are present, length of residence and more.

Q: What is the Property information listed in Avenu?

A: Property data points include home and lot size, numbers of bedrooms and bathrooms, year built and more. Information is often gathered from county records and other sources.

Q: What is the Financial information listed in Avenu?

A: Financial information about a homeowner and a property helps to define an income level, home value, property taxes, and more. Information is often gathered from county records and other sources.

Income is modeled off of multiple data points and is only an estimate. Self-employed individuals income levels may vary. The ranges for different income levels are as follows: Low—below $40,000; Mid—$40,000-$100,000; High—$100,000-$400,000; Very High—above $400,000.

Q: What is the Neighborhood information listed in Avenu?

A: Taken from public data sources, neighborhood data allow users to better understand an area. Data points include percentage of married occupants, percentage of college graduates, owner-occupied to renter-occupied ratio and more.

Q: What is the Lifestyle information listed in Avenu?

A: Lifestyle data points, sourced from publicly available consumer behavior data bases, give users some limited insight about the occupants’ interests.

Q: What if the occupant of the home is not accurate?

A: Occasionally the change of an occupant of a home is not updated to a public source. We work to obtain the most current data when it is available.

 

For assistance with these or any other questions, please contact Customer Care at 844.873.6133 or support@myavenu.com.

Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.
Powered by Zendesk