Here's how to avoid the most-dreaded new agent question
How long have you been an agent? Follow these simple steps on listing appointments to answer the question and turn seller leads into signed listings, writes author and trainer Bernice Ross
by Bernice Ross Feb 21
Veros says its AVM isn't tripped up by historical redlining boundaries
Study finds that homes located within historically redlined neighborhoods tend to have lower property values because they have less living space and smaller lot sizes
by Matt Carter Jun 16
Quality control standards for AVMs may cover discrimination
Proposed standards would include random sample testing and reviews to protect against data manipulation and ensure a 'high level of confidence' in the estimates produced by AVMs
by Matt Carter Jun 2
More tech vendors approved to support appraisal-free mortgages
Stewart Valuation Intelligence (SVI) is the latest technology vendor to be approved by Fannie Mae to support new value acceptance + property data valuation process
by Matt Carter Apr 21
Guaranteed Rate rolls out 'Same Day Mortgage' nationwide
Properties must be eligible for an appraisal waiver, and like Better's 'One Day Mortgage,' some fine print can stand in the way of getting a loan approved in 24 hours
by Matt Carter Mar 7
First American touts Procision as 'next-generation' valuation model
The three Procision AVM solutions, offered at different price points, are tailored to fit specific needs and budgets of such clients as lenders, servicers and capital market decision makers
by Matt Carter Aug 18
Attom Data Solutions launches new rent estimate tool for investors
Company known for its nationwide property data launches new valuation model aimed at single-family rental properties, to provide estimated monthly rents for 72M properties in US
by Taylor Anderson May 3
It’s time to ditch mortgage lending’s outdated appraisal model
Opinion
It’s time for the mortgage lending industry to move to an AVM-based appraisal model. There is too much room for error, especially in today's super-fast-paced market
by Bernice Ross Mar 31
Biden administration lays out bold plan to combat appraisal bias
Released Wednesday morning, the 5-point plan seeks to arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry and leverage data for policymaking
by Ben Verde Mar 23
Accurate Group acquires broker price opinions provider
Strategic investment by Canadian private equity firm Novacap provides fuel for growth
by Matt Carter Nov 23
Sellers putting faith in their Zestimate? 4 steps for getting real on price
Here’s the proven four-step plan Carl Medford’s team uses at listing appointments to help bring sellers back to reality and win the listing
by Carl Medford Sep 2
A man typing on a keyboard
The deal includes title and closing technology platform that integrates with loan origination systems used by most lenders
by Matt Carter May 5
Homesnap launches AI-powered tool that predicts days on market
Sell Speed, the proprietary algorithm comprised of hundreds of up-to-the-minute data points, is available in beta for Homesnap Pro and Homesnap Pro+ users
by Patrick Kearns Oct 26
CoreLogic launches 'dramatically' more accurate new AVM
The automated valuation model is aimed at working for all business use cases without sacrificing hit rate
by Patrick Kearns Oct 21
StreetEasy launches Zestimate-like tool for New York City
StreetEasy Valuation is available to New York City homeowners by request only, however, unlike the public-facing Zestimate
by Patrick Kearns Oct 15