How Accurate are AVMs?

(Originally published on GibsonSothebysRealty.com) In the last 10-15 years, MLS services have opened listings to third-party aggregators (Zillow.com, Trulia.com, Realtor.com, etc). These websites provide a number of non-property-search features, from home design ideas to home value estimates. To arrive at the value estimates, most of these sites are using pricing systems called Automated Valuation Models … Continue reading How Accurate are AVMs?