It’s time for the mortgage lending industry to move to an AVM-based appraisal model, says real estate coach Bernice Ross. There is too much room for error, especially in today’s super-fast-paced market.
Source: Inman News
It’s time to ditch mortgage lending’s outdated appraisal model
More from AgentMore posts in Agent »
- Weeklong BoomTown outage was caused by hackers, CEO confirms
- Still standing: Realtor resilience for challenging times
- Ex-HGTV star convicted of fraud sentenced to 4 years in prison
- Bye bye bye: Leave your team — without losing your connections
- Jordan Cohen is as ‘blue collar’ as they come, but beloved by LA’s elite
More from appraisalsMore posts in appraisals »
- Agents who don’t read the contract are committing ‘malpractice’
- With Fannie Mae’s adoption, AI’s role in real estate is solidified
- Computer vision pioneer Restb.ai unleashes its tech on valuations
- Quality control standards for AVMs may cover discrimination
- My home has a basement dungeon. Can I include it as part of the GLA?
More from artificial intelligenceMore posts in artificial intelligence »
- HappyCo unveils joyful AI solution for multifamily property managers
- Should your next hire be a generative AI assistant?
- We asked ChatGPT about agent value. Its answers may surprise you
- 5 currently trending AI tools that will get your business growing
- OJO acquires The LEAD Syndicate, rebrands around Movoto
More from AVMMore posts in AVM »
- Here’s how to avoid the most-dreaded new agent question
- Veros says its AVM isn’t tripped up by historical redlining boundaries
- Quality control standards for AVMs may cover discrimination
- More tech vendors approved to support appraisal-free mortgages
- Guaranteed Rate rolls out ‘Same Day Mortgage’ nationwide
More from comparative market analysisMore posts in comparative market analysis »
More from mortgage lendersMore posts in mortgage lenders »
More from OpinionMore posts in Opinion »
- Ditch generic marketing: Convey your value with storytelling
- 3 ways to lead by example — and focus on what you can control
- How are you doing? Americans now rank at an all-time happiness low
- Forget the NAR settlement. New development transactions still pay
- 10 reasons to embrace the shift to a seller-focused business
More from realtor.comMore posts in realtor.com »
- 2 buyers scramble to make a deal as the spring market sprints ahead
- Homeseller sentiment is lukewarm as spring homebuying ramps up
- Rent is now more affordable than buying in every major US market
- Existing-home sales rose 9.5% amid winter inventory boost
- Realtor.com announces the ‘Best Day to Sell’ for 2024
More from SelectMore posts in Select »
More from TechnologyMore posts in Technology »
- Weeklong BoomTown outage was caused by hackers, CEO confirms
- Nimble powers up prospecting with PhoneBurner
- Reliance helps South Dakota’s oldest brokerage embrace the new
- Big Tech loses its appetite for office space, adding to landlord woes
- Agents feel the pain as BoomTown outage extends into another week
Be First to Comment