Automated valuation models (AVMs) are effective property valuation tools. But they’re kind of like magic – enter an address, and an estimated value appears. For consumers, that simplicity is perfect. But for financial institutions that use AVMs for lending decisions, quality control, or other situations that carry risk, the mechanics behind that simplicity must be well understood.
This White Paper will help readers understand more about AVMs, what makes a good AVM, and how to choose an AVM they can trust for their specific needs.Sponsored By: