INTRODUCTION. What is a Automated Valuation Model (AVM)?It estimates the value of the property based on property characteristics, comparable sales and historical data of the property. It simulates a traditional appraisal. AVM is automated, which takes seconds to generate an estimated value versus manual appraisal, which takes days to complete. Who uses a AVM?An appraiser uses an AVM to make sure his appraised value for a property is reasonable. A Lender uses an AVM to make sure the stated9439
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