3,744,354
I trust AVM'S completely - to get it wrong!
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Jerry Newman
San Antonio, TX
4,584,196
i love them because they are a great start of a discussion why they are often filled with errors.
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Barbara Todaro
Franklin, MA
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Jerry Newman
San Antonio, TX
2,684,769
Jerry - my neighbor was going to sell his used car for $7500. He asked if I could put it on Craigslist. When I stopped by to get his photos and information from him, he said he was going to ask $12,000.
"How did you go from $7500 to $12,000" I asked.
"I found an Automotive Website that tells you what your car is worth. It said $12,000".
--- That was 3 or 4 months ago. The car has not sold.
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Debbie Laity
Cedaredge, CO
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Jerry Newman
San Antonio, TX
1,525,616
Not at all.
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
6,424,817
I test them whenever I see them, some are fairly close, others not so much.
But then so are some of the agents and appraisers who do this.
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
1,157,791
It depends on what they are being used for.
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
3,350,589
No. No. No. No. No. If buyers want to trust them then there are consequences to that. I do not use them on my website either for a home value.
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
1,242,204
You should not be one one them as a professional.
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
991,752
Yes, I trust them as much as I trust:
- Zilblow to provide accurate infromation
- Googleyglob to not censor search results or continually offer methods of ranking and then pull the rug out from under those that follow their instructions
- AOL to not censor the websites they allow their visitors access to
- And of course as much as I trust politicians!
Any chance you see a measure of sarcasm in my answer?
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
1,728,767
We use RPR and it is most always spot-on the $$
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
4,434,177
no
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
2,190,182
I trust them equally as much as any politician who has served more than one term.... that would be ZERO!
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
914,098
They are jsut a ballbark, many times they don't factor in condition.
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
1,466,257
Jerry Newman No, because they do not take into consideration details of the property that could affect the value.
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Fred Griffin Florida R...
Tallahassee, FL
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Jerry Newman
San Antonio, TX
5,245,401
7,870,816
3,071,589
634,532
No, unless the property is one of nearly identical condos or tract homes with good comps.
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Jerry Newman
San Antonio, TX
4,483,969
In God We Trust all others we double check and if you are not a believer than you should double check everything including AVM's Endre
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Jerry Newman
San Antonio, TX
4,319,873
Jerry Newman - NARRPR has a better model than Zillow - and I have one which is even better than NARRPR...(you got the answer, correct?)
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Jerry Newman
San Antonio, TX
2,379,870
Don't you love it - the reliance on automatic valuation models over the services of a real estate professional - but we are not trusted.
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Jerry Newman
San Antonio, TX
3,986,308
2,825
I do if they are based on sound algorithms and reveal their sources.
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Jerry Newman
San Antonio, TX
2,224,473
No I don't trust them. There are too variables that need to be considered, and any buyer using them had better know the market and the neighborhoods.
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Jerry Newman
San Antonio, TX
3,988,013
No I do not trust them and once I have had an opportunity to explain to the buyer (my client) they fully understand too.
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Jerry Newman
San Antonio, TX
2,443,250
No, they cannot see the inside condition or neighboring conditions.
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Jerry Newman
San Antonio, TX
5,063,230
Trust them? Heck no. It's interesting to see how very different they can be. I always check them out on listings and properties of interedt to buyer since I know THEY will be looking. AVM's are a great for inspiring education
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Jerry Newman
San Antonio, TX
5,583,328
no, I don't trust them..... I trust us....
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Jerry Newman
San Antonio, TX
1,506,923
No. They can be a good starting point and I've seen some that agree with my comps 85% of the time, but when they're wrong... THEY ARE WAY WRONG!
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Jerry Newman
San Antonio, TX
4,800,132
I trust them to be totally untrustworthy!
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Jerry Newman
San Antonio, TX
5,773,239
1,292,269
Fred, when will they ever learn? Excellent example as to why those AVMs can't be trusted. I wonder what he'll end up getting when he sells it?