Start Date
5-4-2018 9:30 AM
End Date
5-4-2018 10:00 AM
Description
Both in monitoring assessment performance and in developing models to permit mass appraisal via the sales comparison approach it is essential that samples of sale prices (and other market information) be representative -- free from biases. The proposed presentation will describe some of the steps that can be taken to achieve that goal some developed by the author and recommended in IAAO standards. Concrete, measurable steps can be taken to address issues known to be of significant concern, but often addressed only by exhortation and appeals to do the right thing.
Publication Date
April 2018
Recommended Citation
Denne, Robert, "Detecting bias samples in assessment" (2018). International Research Symposium. 5.
https://researchexchange.iaao.org/irs/irs18/sessions/5
Detecting bias samples in assessment
Both in monitoring assessment performance and in developing models to permit mass appraisal via the sales comparison approach it is essential that samples of sale prices (and other market information) be representative -- free from biases. The proposed presentation will describe some of the steps that can be taken to achieve that goal some developed by the author and recommended in IAAO standards. Concrete, measurable steps can be taken to address issues known to be of significant concern, but often addressed only by exhortation and appeals to do the right thing.