Hire an HVM For Your DC Real Estate Transaction

You guys are totally brilliant!  What a concept!  And you will certainly beat Zillow with it's =/- 80% hedge!

That's a clever way to look at valuations. Fortunatley, our market isn't moving quite as fast as DC. 

The Isaacs Team llc Love your post!  Our market is moving much like yours.  You are so right.  Same footage 2.1 baths vs 2.  Same footage but one backs a busy road.  Makes sense to me!

The Isaacs Team llc - love that terminology - HVM! Human is what we need to find out better valuation...

When I clicked on your post, I was thinking, "what the heck is an HVM?" Love the idea of a Human Valuation Model! Wonderful job!

Thanks for sharing:

So many factors influence market value of homes, many of which rely on human emotion and senses, preferences and perception, AI (artificial intelligence) really can't measure up to a human expert when it comes to valuation of real estate.

I thought that is what neighborhood realtors do at free cost to requestors?

Love it, and much better (and more accurate) to have a REALTOR do the valuations for a potential homeowner.   Glad to see you got the Gold Star!  

All I know is that you contact the The Isaacs Team llc ...they take it from there

Congratulations on the featured post. I hope home sellers in the area will call you. 

Alexandra and Susan, I included this post in today's Last Week's Favorites!

Wow, what an excellent site. Loved the look, loved the feel... a bit misearbly envious :)

As for accolades to the idea, not so sure. The idea would work perfectly on a small segment of the market or on a unique niche, but if you attempt to give value for any property in any location in DC, you are unlikely to do better than AVM...

It is the same problem. We are good at what we know well, but knowing DC that well is problematic

Great acronym and great model - the HVM!

Excellent post The Isaacs Team llc , your are right that the AVM's are interesting to play with, but when it is time to get serious, get an HVM.

There are pros and cons to everything. An AVM has no human touch and can be considered as natural by not having any interest while HVM has the  human touch and by nature might have an interest. HVM can be more accurate while AVM is just a mathematical algorithm. The other problem is the Millennials who have much more trust in algorithm on any real estate agents stories.