VOW and AVM on MLS

By
Real Estate Broker/Owner with West Group Real Estate

For those of you that don't know, a VOW is Virtual Office Website and an AVM is an Automated Valuation Model and the MLS stands for Multiple Listing Service.  An example of an AVM is Zillow's Zestimate although Zillow is not a VOW. My website http://www.TetonPropertySearch.com is an example of a VOW (this site alows you the public to search the Teton Board of Realtors MLS including Driggs, Victor, Tetonia, and all of Teton County Idaho and Jackson Wyoming including all of Teton County Wyoming, although I do not have an AVM. Does this all make sense now?

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Topic:
Home Buying
Location:
Idaho Teton County
Groups:
Investors
Tags:
vow
avm
mls
virtual
website
automated valuation
zillow
search properties
driggs
victor
tetonia
jackson
idaho
wyoming
search

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Rainmaker
967,006
Edward & Celia Maddox
We Take The High Road
Solutions Real Estate

Thanks for the article. We learn a lot of good information from Active Rain Blogs. Best Regards,

December 17, 2009 10:38 AM
Ambassador
665,362
Ann Allen Hoover
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL
RE/MAX Advantage South

Harley, I attended a class held by our local MLS regarding upcoming changes to our Advertising field to address how sellers may choose for their homes to show up in a VOW.  I am interested in hearing about your VOW and how it is working for you.

February 15, 2010 05:49 PM
Rainmaker
116,579
Harley Wilcox
Harley Wilcox
West Group Real Estate

Hi Ann. I get about 1 buyer lead a day through my vow. I have not yet closed a transaction through the site, I just launched my RE business on Dec 4, 09. I have been a RE investor for the last decade and self employed builder and contractor for a decade before that.

February 16, 2010 06:59 AM
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Rainmaker
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Harley Wilcox

Harley Wilcox
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