A big challenge for agents today is contending with the ‘values’ consumers get from AVMs (Automated Valuation Models). Buyers and sellers believe this information is correct but professionals know the flaws. Even lenders are using AVMs and CU® (Collateral Underwriter) to second guess appraisers. Agents must be able to explain to consumers why a value from a local REALTOR® is more reliable than an online value. We will also discuss how using RPR® (REALTORS® Property Resource) can help!
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