Presentation Title (Limit of 12 words)
AVM Showdown: A Performance Comparison of Today's Most Popular Modeling Techniques
Presentation Category
04 APPRAISING PROPERTY
Session Description
As machine learning (a subset of artificial intelligence) capabilities continue to advance, an ever-increasing variety of AVMs are becoming available to assessors. This presentation will compare the appraisal performance of various AVM techniques, including conventional multiple regression analysis (MRA) and more recent machine learning algorithms. It will provide attendees with procedural recommendations designed to optimize the effectiveness and efficiencies of AVMs use in the modern-day assessor's office.
Audience Expertise
General Interest (Appropriate for all experience level)
Start Date
8-31-2020 3:00 PM
End Date
8-31-2020 4:00 PM
AVM Showdown: A Performance Comparison of Today's Most Popular Modeling Techniques
As machine learning (a subset of artificial intelligence) capabilities continue to advance, an ever-increasing variety of AVMs are becoming available to assessors. This presentation will compare the appraisal performance of various AVM techniques, including conventional multiple regression analysis (MRA) and more recent machine learning algorithms. It will provide attendees with procedural recommendations designed to optimize the effectiveness and efficiencies of AVMs use in the modern-day assessor's office.
