Tag: AVM
Triggering Real Estate Leads with Interactive Neighborhood Data
Q&A with HomeActions CEO Barry Friedman What is your elevator pitch for HomeActions? HomeActions is a cloud-based platform designed to help agents communicate more effectively with their sphere of influence: their clients, prospects and referral sources. We try to get agents connected to a potential customer as early into the buying cycle as... Read More »
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... Read More »
The Pros and Cons of AVMs in Real Estate
***This article was originally written in 2018, but has been updated for 2023 to reflect new solution providers*** AVMs have been an integral part of real estate technology since Zillow launched Zestimate. Controversy seems to follow AVMs wherever they pop up, so we wanted to take a moment to lay out the pros and cons of using an AVM in your... Read More »
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... Read More »