From Automated Valuation Models to Automated Valuation Systems – Towards a Synthetic Wisdom of the Crowds
Presentation Category
04 APPRAISING PROPERTY
General Session Description
Researchers have attempted to find the best working automated valuation models for many years, ultimately finding that the “best” performing model is always circumstantial and highly dependent on the explainability of the model. However, like with traditional assessors, the wisdom of a community carries greater weight. This presentation presents the complete story of combining the outcomes of models, moving towards a synthetic wisdom of the crowds.
Audience Expertise
General Interest (Appropriate for all experience level)
Location
Glen 201/202
Start Date
10-15-2026 1:30 PM
End Date
10-15-2026 3:00 PM
From Automated Valuation Models to Automated Valuation Systems – Towards a Synthetic Wisdom of the Crowds
Glen 201/202
Researchers have attempted to find the best working automated valuation models for many years, ultimately finding that the “best” performing model is always circumstantial and highly dependent on the explainability of the model. However, like with traditional assessors, the wisdom of a community carries greater weight. This presentation presents the complete story of combining the outcomes of models, moving towards a synthetic wisdom of the crowds.