Updating CAMA Systems with Regression-based AVMs: Considerations for Office Leadership

Presentation Category

03 DEVELOPING AND MANAGING CADASTRAL DATA

General Session Description

A recent study conducted by the Lincoln Institute of Land Policy and the IAAO surveyed assessors on their office's use of regression-based AVMs. The study's findings corroborated those of academic research: such models typically allow assessors to achieve more uniform valuations with better accuracy and efficiency. While workshops, presentations, and publications on AVMs are effective tools for teaching technical methodologies, managerial considerations (planning, scheduling, resource allocation, staffing, etc.) for augmenting current office procedures, workflows, and software systems do not receive as much discussion or instruction. This workshop is tailored to a non-technical leadership audience who would be responsible for planning, implementing, and overseeing AVM implementation for revaluations.

Location

Room 205

Start Date

8-28-2024 2:00 PM

End Date

8-28-2024 4:30 PM

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Aug 28th, 2:00 PM Aug 28th, 4:30 PM

Updating CAMA Systems with Regression-based AVMs: Considerations for Office Leadership

Room 205

A recent study conducted by the Lincoln Institute of Land Policy and the IAAO surveyed assessors on their office's use of regression-based AVMs. The study's findings corroborated those of academic research: such models typically allow assessors to achieve more uniform valuations with better accuracy and efficiency. While workshops, presentations, and publications on AVMs are effective tools for teaching technical methodologies, managerial considerations (planning, scheduling, resource allocation, staffing, etc.) for augmenting current office procedures, workflows, and software systems do not receive as much discussion or instruction. This workshop is tailored to a non-technical leadership audience who would be responsible for planning, implementing, and overseeing AVM implementation for revaluations.