Tag: AVM
A Quick Guide to Real Estate AVMs
Not All Automated Valuation Models (AVMs) Are the Same At the heart of every home sale or mortgage deal is the need for an accurate estimate of the property’s value. And the real estate and mortgage industries have increasingly relied on automated valuation models or AVMs to estimate property values. The best AVMs will estimate a home’s value... Read More »
What Is an Automated Valuation Model (AVM)?
Automated valuation models (AVMs) provide instant property valuations. They are an algorithm-based tool based on mathematical formulas, property databases, and property characteristics. Used by homeowners, real estate professionals, underwriters, mortgage lenders, investors, and anyone who wants a quick property valuation, AVMs are available on... Read More »
The Marketing Benefits of Neighborhood Data for Real Estate Agents
As a real estate agent, you already know that finding new ways to effectively find and target promising new leads and keep your existing client base engaged is an essential aspect of your success. To do that effectively, you need to cultivate an impressive level of knowledge of local neighborhoods and properties. However, real estate agents are... Read More »
New ATTOM Analysis Reveals Best Day To Buy A Home Based On Lowest Premium Above AVM
Homebuyers closing on this day avoid prices well above market value; Analysis also shows best months to buy nationwide and by state IRVINE, Calif. — Nov. 28, 2023 —ATTOM, a leading curator of land, property and real estate data, today released its annual analysis showcasing the best days of the year to buy a home, which found that while October... Read More »
The Top Use Cases for Property Valuation Data & AVMs
Whether you’re looking to get new insights into the value of a rental property or understand the value of a home, property valuations data is invaluable for many businesses both inside and outside of the real estate industry. In addition, real estate AVMs can provide property value calculations. In this post, we explore property valuation data... Read More »