AVM's, RVM's and Showing Consumers the Difference (NEW COURSE 2015)
Credits: 3 hours
NATIONAL ASSOCIATION OF REALTORS CE class.
Realtor Property Resource
Local Realtor Allison Lum teaches national CE course on how to handle Zillow and others.
We’ll look at what leading AVM’s (Automated Valuation Model) can and cannot do and how the Realtor Property Resource tools close the accuracy gap between automated estimates and market realities.
When AVM’s under or overestimate home values, real estate professionals must explain the inaccuracies before they can present reliable information about market conditions and pricing. Price trends cannot describe the experience of living in a home and neighborhood. In this course, you will learn 1) the real estate market research and valuation tools that consumers use online 2) the pros and cons of the AVM and how they obtain and calculate data. 3) How RPR tools help real estate buyers and sellers make informed decisions. 4) How Realtors can combine their specific expertise with RPR enhanced MLS data, tools and reports to benefit clients and customers before, during and after the real estate transaction.
RVM = Realtors Valuation Model