Buyers need to beware when  using Automated Valuation Models (AVM’s) to determine property values.  AVM’s are values based on averages and found on websites including  Zillow, Trulia and Homesnap .  The problem with using AVM’s is that they do not account for unique property features.  There is, however, a way to improve these AVM’s.

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Most Hilton Head sellers would like to collect a premium on their property.  After all, it’s the best property because (insert reasons here). Sellers may shoot for a premium because of the larger square footage, higher quality, superior views, better furnishings, incredible rental income and nicer appliances.  The question is, just how long should a seller hold out for a premium? Read the rest of this entry