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Part of the AVMetrics’ mission is to educate the world about AVMs and how to use them effectively in compliance with regulatory guidelines.
Your free registration entitles you to access our entire educational series of longer, more in-depth whitepapers explaining the nuts and bolts of AVMs, cascades and related regulations. Written by Lee Kennedy, industry expert, published author and contributor to AVMs: 101 and AVMs 201, AVM Academy provides a detailed review of AVMs from the user’s perspective.
Recent Articles
Honors for the #1 AVM Changes Hands
The #1 AVM in each county for the last 8 quarters shows a very dynamic market with constant changes in AVM rankings.
Demystifying home pricing models with Lee Kennedy
Lee Kennedy appeared on the HousingWire Daily podcast with Matthew Blake to discuss Zillow’s iBuying challenges, democratizing data, and how AVMs can best be used.
Continue Reading Demystifying home pricing models with Lee Kennedy
How AVMetrics Tests AVMs Using our New Testing Methodology
AVMetrics has a new method of testing AVMs. The goal is to avoid the process of “anchoring,” which is when AVMs adjust their valuations based on listing prices. Our new method is a dramatic innovation that will level the playing field for all the AVMs.
Continue Reading How AVMetrics Tests AVMs Using our New Testing Methodology
Property Inspection Waivers Took Off After the Pandemic Set In
Appraisals are the gold standard when it comes to valuing residential real estate, but they aren’t always necessary. They’re expensive and time-consuming, and in the era of COVID-19, they’re inconvenient. What’s the alternative? Well, Fannie and Freddie implemented a “Property Inspection Waiver” (PIW) alternative more than a decade ago. However, it’s been slow to catch…
Continue Reading Property Inspection Waivers Took Off After the Pandemic Set In
Four Points to Consider Before Outsourcing AVM Validation
AVMs are great, but using them properly requires being careful to follow the rules set by the OCC. This paper outlines how to outsource AVM validation and stay in “compliance” with regulators’ requirements.
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In the World of AVMs, Confidence Isn’t Overrated
The “Confidence Scores” provided with most AVMs are not standardized, but they are a very effective guideline estimating the accuracy and precision of AVM value estimates.
Continue Reading In the World of AVMs, Confidence Isn’t Overrated