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Description
Looking for answers or clarification regarding Automated Valuation Models (AVMs)? Following are frequently asked questions of NAR that will help you learn more about AVMs and educate prospective homebuyers.
• “What data is used to develop an AVM?”
• "My seller viewed an AVM online that shows a higher property value than my comparative market analysis. How do I explain the difference?”
• "How is an AVM different from an appraisal?" - Highlights
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Automated Valuation Models (AVMs): FAQs for Agents
- SKU:
- 135-97
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- NAR
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Looking for answers or clarification regarding Automated Valuation Models (AVMs)? Following are frequently asked questions of NAR that will help you learn more about AVMs and educate prospective homebuyers.
• “What data is used to develop an AVM?”
• "My seller viewed an AVM online that shows a higher property value than my comparative market analysis. How do I explain the difference?”
• "How is an AVM different from an appraisal?"
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