There’s a great deal of buzz about incorporating MLS data into automated valuation models (AVMs). Some of our customers think the MLS offers fresh, comprehensive data; others view the use of MLS data as cheating. Whether it’s a good idea or not depends entirely on which people you ask, their intended AVM uses, and their knowledge of AVM design.
To better understand the pros and cons of the use of MLS data in AVMs, CoreLogic has developed a white paper that will walk you through the cases for and against using an AVM that leverages MLS data, allowing you to make a more informed decision on your AVM choice.
To learn more about this topic, download our white paper today!