Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




How To Advertise Here

More Good Ideas!
Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#53338 - 02/02/06 07:22 AM S1 and their AVM
Ben34105 Offline
Ubiquitous Mod
Major Contributor

Registered: 02/25/05
Posts: 2216
Loc: Florida
What is AVM? Whenever I get a clarification request from S1 it's always because the sq ft is different from AVM. Their AVM likes to use the total area instead of living area. I send them tax records and they always accept the work, I'm just wondering what AVM is.

Top
#53339 - 02/02/06 07:30 AM Re: S1 and their AVM
REO Seller Offline
Member

Registered: 01/24/06
Posts: 323
Loc: So Calif.
It stands for "Automated Vauluation Model". I believe it is a formula that when you input the data it searchs other similar data and applies the formula. I think!

Top
#53340 - 02/02/06 09:59 AM Re: S1 and their AVM
ggwwttre Offline
Veteran Member

Registered: 06/15/04
Posts: 1187
Loc: Watsonville, CA, USA
Hmmm I saw a note on one of mine that the AVM thought it should have a different price. I don't know what the AVM is but in this instance it had it's head in a dark place.

A little bit of automated QA is a good thing... tell me if I left a field blank, a sold date before the list date, stuff like that... but I asked the Source One rep one time if the guy who wrote that web page was so smart why doesn't he do the BPO himself??? (Yeah, I know, dumb to bitch at the hand that feeds ya, it was a long day) The rep just chuckled and said she understood. We monkeyed with my numbers enough that I could still live with the result and the computer would take it.

Top
#53341 - 02/02/06 10:06 AM Re: S1 and their AVM
Ben34105 Offline
Ubiquitous Mod
Major Contributor

Registered: 02/25/05
Posts: 2216
Loc: Florida
I've pretty much given up on their support staff. A few weeks ago I was completing a BPO for them and the auto save came up. I clicked to save it and an error happened. I tried to log back on their website and it said website not found, so I called them. They told me to update my status online. I explained I couldn't sign on to their website and they told me again to update my status online. Guess I was missing something that day.

Top
#53342 - 02/02/06 02:26 PM Re: S1 and their AVM
Dennis Teasdale Offline
Member

Registered: 12/11/04
Posts: 231
Loc: Midland Texas
I tend to question the validity of an "automated valuation" system. The only thing constant about real estate market dynamics from initial development through the seasons to deterioration and then renovation and rebirth, is constant change. Maybe I just don't know that much about it.
_________________________
Dennis Teasdale
RealtorŪ, GRI
Broker

Dennis Teasdale Realtors
www.DennisTeasdale.com

Top






Moderator:  jbt4re 
Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Idea!
REO and Short Sale Listings
Sponsors

Newest Members
Harrisk, Stckrap, Torrey, aanp, AllWriteyThen
20754 Registered Users
Who's Online
18 registered (cam merge, ColoREO, c302, City Girl, Doin' bpose, Bill Norfolk, 2 invisible), 162 Guests and 3 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
DueDiligence 91
Vermont 88
HomeTeamGA 51
smg 40
pro 40
shana 40
pikes peak 39
75Corvette 37
Brad - W4BJM 35
Doin' bpose 34
Kjmendy 34
Artiste 33
realyte 31
VABroker 30
Rezo 29
(Views)Popular Topics
No new orders today 3947282
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2022278
Stupid MLS comments. 840380
EML 457988
Evalonline 299343
Land America 284999
Mainstreet 261424
What do you know about Froy Candelario, top agent in USA 248435
Pay it Forward - BPO/REO Tips & Tricks I & II 223393
New HUD Listing Brokers---Any Update? 222747
Is there religious content in Buffini class? 197249
Stupid QC comments and BPO requirements. 187185
FARVV 177240
REOTRANS 151129
USRES / RES.NET 147574
AVM Bpos 139412
asset val seminar in colorado 134376
FARVV 126751
Let's talk about our cars 120276
PAS 118318
Featured Member
Registered: 03/09/10
Posts: 14

How To Advertise Here


This site presented by RNC Internet Services