Speaker Website
keenemac.com
Presentation Category
04 APPRAISING PROPERTY
Session Description
An examination of the use of model specifications, transformations or coefficients from one market to another. Much of the discussion is around the uniqueness of each market, and the need to understand how the relative importance of attributes, market dynamics and the relationship between model constants and adjustments make present difficulties in using model written for one market in a different market.
Audience Expertise
General Interest (Appropriate for all experience level)
Start Date
8-30-2023 3:00 PM
End Date
8-30-2023 4:00 PM
Moderator
Cody Kennedy, RES, Oklahoma State University Center for Local Government Technology
Portability of Regression Models
Room 250DE
An examination of the use of model specifications, transformations or coefficients from one market to another. Much of the discussion is around the uniqueness of each market, and the need to understand how the relative importance of attributes, market dynamics and the relationship between model constants and adjustments make present difficulties in using model written for one market in a different market.
