Presentation Category
05 LEADING AND MANAGING THE ASSESSMENT OFFICE
General Session Description
One of the assumptions of sales-based valuation and ratio studies is that properties that sell adequately and proportionally represent unsold properties. How can we test the truth of this assumption? This session demonstrates two methods for determining the degree to which sales represent unsold properties and precisely identifying properties that are not represented by sales.
Audience Expertise
General Interest (Appropriate for all experience level)
Location
Room 107/109
Start Date
8-28-2024 8:00 AM
End Date
8-28-2024 9:00 AM
Moderator
Raymond McCormick, RES, Los Angeles County
Hiring, Firing, and the Community College: Los Angeles County Edition
Room 107/109
One of the assumptions of sales-based valuation and ratio studies is that properties that sell adequately and proportionally represent unsold properties. How can we test the truth of this assumption? This session demonstrates two methods for determining the degree to which sales represent unsold properties and precisely identifying properties that are not represented by sales.
