What Is An Automated Valuation Model?

In an effort to save time and money, homeowners and lenders in Broward County, FL will occasionally cut corners by turning to AVM (Automated Valuation Model) appraisals of the property in question. In reality, however, this model can actually hurt homebuyers and sellers and those working with them. Hiring a professional residential real estate appraiser will result in far greater satisfaction for everyone involved in a real estate transaction for many reasons.



The Pitfalls of AVM Appraisals

AVM appraisals can often be found online for free. They draw upon public records that may be out-of-date, resulting in a lower number than the property’s true current value. These systems also fail to provide the information that only experienced appraisers can obtain through comprehensive research and expert knowledge of the current market.

Skip AVM Valuation, and Trust the Professionals Instead

When working with an experienced human appraiser, as opposed to a computer, you can rest assured that you’re working with a certified, experienced professional who knows the industry inside and out. Give Penser Appraisals a call today to learn more about the kind of thorough, personalized service you just can’t get from an AVM.

Penser Appraisals
(305) 388-0270
16559 SW 61st Ln, Miami, FL 33193

For general inquiries:
info@penserappraisals.com

To contact us directly:
lpenagos@penserappraisals.com

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