AVM Regulations

AVM (Automated Valuation Model) regulations are guidelines that govern how digital tools estimate property values. They ensure these models are accurate, transparent, and fair, providing reliable information for buyers, sellers, and lenders. Regulations may require validation of the data used, regular updates, and clear disclosures about the model’s limitations. The goal is to protect consumers and maintain trust in automated valuation systems by promoting responsible use and preventing misuse or errors that could influence financial decisions.