FAQ

23 articles in this collection
Written by Stefano Francavilla and Marco Giardina

General

Why are AVMs used?

Written by Marco Giardina
Updated over a week ago

What standards do you use?

Written by Stefano Francavilla
Updated over a week ago

How does the AVM valuation differ from other valuation methods?

Written by Marco Giardina
Updated over a week ago

How is the data sourced?

Written by Marco Giardina
Updated over a week ago

Will you use client data, or your own sources?

Written by Marco Giardina
Updated over a week ago

What kind of target property information do you need?

Written by Marco Giardina
Updated over a week ago

What if your databases have insufficient property data coverage?

Written by Stefano Francavilla
Updated over a week ago

Why does the AVM valuation not align with the range or average value of the top 3 comparables?

Written by Marco Giardina
Updated over a week ago

How does the AVM take house price changes into account?

Written by Stefano Francavilla
Updated over a week ago

Why can some individual values appear inaccurate?

Written by Marco Giardina
Updated over a week ago

What if your encoding methodology cannot identify the postcode?

Written by Stefano Francavilla
Updated over a week ago

How are AVMs rated for coverage, reliability and accuracy?

Written by Marco Giardina
Updated over a week ago

Terminology

What is an AVM?

Written by Stefano Francavilla
Updated over a week ago

What is an AAAVM?

Written by Stefano Francavilla
Updated over a week ago

What is an SAAVM?

Written by Stefano Francavilla
Updated over a week ago

What is a comparable sale?

Written by Stefano Francavilla
Updated over a week ago

What is a confidence score?

Written by Marco Giardina
Updated over a week ago

What is the area median method?

Written by Stefano Francavilla
Updated over a week ago

What is the indexation method?

Written by Stefano Francavilla
Updated over a week ago

Methodology

What methodology does the AVM use?

Written by Stefano Francavilla
Updated over a week ago

Does the AVM take property condition into account?

Written by Marco Giardina
Updated over a week ago

Does the AVM take occupancy status into account?

Written by Marco Giardina
Updated over a week ago

Measure of accuracy

Bias and Dispersion

Written by Marco Giardina
Updated over a week ago