Tag: AVM industry

How Property AVMs Differ in the Real Estate Industry

How Property AVMs Differ in the Real Estate Industry

In real estate, property AVM (Automated Valuation Model) is used to estimate a property value typically during the underwriting process when appraisals are needed. AVMs are also used on websites to provide property estimates for potential sellers, which in turn, become valuable leads. Whatever your reason for using AVMs, many factors go into the calculation… Read More »

Building a Better Home Value Mousetrap

Building a Better Home Value Mousetrap

By Clifford A. Lipscomb of Greenfield Advisors Introduction to Automated Valuation Models Property valuation is an integral part of the housing industry that is long overdue for disruption. Although much could be said on the topic of automated valuation models (AVMs), in this piece I explore the current state of the commercially available AVM market,… Read More »