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Origen ReVal

ReVal

The ReVal application was designed by Origen so that Council’s could choose the Valuer (VSP) who will undertake the General Revaluation process. This application is an indexed based system where indexing is built to obtain the correct grouping of properties, apply the correct adjustment parameters, check the results and commit the final revaluation figures.

Data used by this application comes from;

• Councils DVR module (property and sales);
• VSP's Revaluation data, and
• eVal application

Features included in this application are:

Multiple Council data held in discrete areas allowing the VSP to process multiple Council’s at the same time, or used this feature to obtain multiple snapshots of data at specified periods throughout the Revaluation process for a single Council.
Importing of Sales data from the Council for any specified period during the Revaluation process.
Each index set having multiple property and sales selection criteria allowing the VSP to accurately select the desired data for each indexing
Real time statistical analysis of each index set showing those properties unaffected by an index set
Commitment to the final indexing showing which property was used by which index set and the index rules and field multipliers. The speed of the system allows for real time indexing modeling and analysis
Full Excel exporting options from any screen with imbedded sorting, filtering and groups of result sets
Line flow processing allowing the VSP to spot check .
Full OVG compliance to output files (OVG v3.0) for the Council or OVG and make the necessary adjustments
Full auditing on groups or individual properties with a bulk auditing facility
Full reporting and exporting functionality

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