Episode 4: Frank Borges LLosa of FranklyRealty.com in Arlington, Va., ponders the evolution of real estate valuation models (AVMs) in this episode of the Wheel Estate Cam. He notes that Realtors have been critical of automated home valuations, which can be an imperfect science, and comments on the irony that the National Association of Realtors is creating a valuation system for its own members, dubbed the "Realtor valuation model," or "RVM," as a part of the Realtors Property Resource.
Watch past episodes of the Wheel Estate Cam:
- Episode 1. Top cameras: Through a real estate lens
- Episode 2. The real estate video road show
- Episode 3. Everyone is No. 1?
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