Lenders and brokers using Automated Valuation Models (AVMs) and homeowners using free online home values" to determine the value of a property need to know what those results AREN'T telling them.

• Whether the house is really there.
• Whether unique features of a property might add to or detract from market value.
• How long ago the property was assessed.
• What makes the comparables comparable.
• Whether a market is declining.
• Whether there is a conflict of interest.
• What qualifications, designations, experience and education the preparer of the valuation has.