146. AVM Full-Form | What is Automated Valuation Model (AVM)

By | January 20, 2020
AVM Full-Form | What is Automated Valuation Model (AVM)

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AVM

AVM Definition

Automated Valuation Model is known by its initials AVM is a system used for property valuation. It is based on various factors like the location of the property and other physical characteristics.

AVM Full-Form | What is Automated Valuation Model (AVM)

Usage

AVM takes into account only the data available at the time of evaluation without taking into consideration the actual physical condition of the property at the time of evaluation.

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