Sentences with phrase «automated price valuation»
The sites are using automated price valuation models using big data, which fulfils the consumers need to have an immediate response at any time of the day.
http://www.reimag.co.za/ Not exact matches
Valuation can be derived from an appraisal, automated valuation model (AVM), or Broker Price Opinion (BPO) minus outstandiValuation can be derived from an appraisal, automated valuation model (AVM), or Broker Price Opinion (BPO) minus outstandivaluation model (AVM), or Broker Price Opinion (BPO) minus outstanding liens.
Automated Valuation Model (AVM) is a tool that uses mathematical modeling to estimate your home's value, using inputs such as data on comparable home sales, listing trends, and home price changes.
The document will serve as the foundation for NAR's policy position on the various methods of valuing and pricing real property — including appraisals, broker price opinions (BPO), and automated valuation models (AVM).
As the only REALTOR ® - owned, automated valuation product, the RVM is a great starting point in the pricing discussion with clients — a foundation you can use to weave your knowledge and the local market to arrive at the home's most accurate value.
With the RPR app at hand, ask the homeowners how they arrived at their list price, and whether they'd like to compare that value with RPR's Realtor Valuation Model ® (RVM ®), the only REALTOR ® - owned, automated valuation product that goes beyond the traditional AVM by incorporating listing and sales data from the MLS into a property's vValuation Model ® (RVM ®), the only REALTOR ® - owned, automated valuation product that goes beyond the traditional AVM by incorporating listing and sales data from the MLS into a property's vvaluation product that goes beyond the traditional AVM by incorporating listing and sales data from the MLS into a property's valuationvaluation.
The resulting report is based on some proprietary AVM (automated valuation model) formula for sifting through public records for the address (in states where that is available), past and recent sales in the area, and other data, to arrive at a price estimate.