There are REAL problems with AI fueled Automated Value Models (AVMs).  Data is pulled from public records, but the method in which various platforms execute code to estimate what a buyer is likely to pay, is proprietary to each platform.

AI can not, at least not yet, accurately quantify how REAL HUMAN BUYERS calculate value differences between a subject property, let's say yours, and its competitive sales.  Some of these variables are value differences for:

• quality of view

• quality of home condition

• micro-location within a neighborhood (for example are you on a busy corner or more interior and private within a neighborhood)

• and lot utility (steep non-useable lots or flat highly useable lots even if gross size is smaller than a huge steep non-useable lot)

So you can see now that the margins of error can be profound!

That is why I offer multiple competing platforms so that my clients can benefit by a compare and contrast point of view.  And maybe, just maybe, from the multiple platforms, there's a number around which there is consensus.  THAT lends credibility.  And if there is little or no consensus, then "throw a dart"... OR ... have a professional broker,  like me, with over 45 years of experience reading buyer behavior to distill a number you can count on. 

One of these models are accessible immediately here. Word of caution of available to help you protect your privacy. You can certainly go to some of these big giant real estate portals (you know which ones I’m talking about) but the problem there is they data mine you. They scrape your personal contact information from your computers and mobile devices, they scape your search patterns, and they even scrape what site you visit when you leave theirs! This is precious information to advertisers. What happens next is that these big giant real estate portals then sell your data to their advertisers. Have you ever wondered why spam calls and emails have increased to you? This is probably the biggest reason. And this data mining happens the second you click on THEIR sites.

On my site, your information is private and confidential. It is NEVER sold or SHARED. Search with confidence and privately! Use https://SearchHomesInPrivate.com and https://PalosVerdesHomesBest.com for all your real estate needs!

Oh, by the way, most people are curious about cash offers and go on to list their home on the open market first. The good news is that when you list with me, we always have the cash offer to fall back on. This has the added benefit of putting you in a MUCH STRONGER negotiating position when dealing with Buyers! Who doesn't want that?! When you're ready to ask questions about this, text me or use my calendly link to book a time https://calendly.com/george-fotion/cash-offer-to-fall-back-on-after-you-list-your-home and learn more here https://cashupfrontforyourhome.com/