Are AVM’s Superior To Drive-By Appraisals And BPO’s?
Yes, For Two Reasons. One, They Are Far More Mathematically And Statistically Complex And Robust And Two, They Handle Many More Variables Affecting Market Value Than Either A BPO Or A Drive-By Appraisal. They Are, Therefore, More Objective, Accurate And Can Consider Population Densities, Economic Factors And Features.