Start Date
21-6-2023 1:00 PM
End Date
21-6-2023 2:45 PM
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. This presentation is being given at GIS/VaalTech 2023. The slide deck and speaking points are available upon request.
Recommended Citation
Keene, Kevin, "Finding the Secret Sauce – the Portability of Regression Models" (2023). Mass Appraisal Valuation Symposium. 5.
https://researchexchange.iaao.org/mavs/mavs2023/session3/5
Finding the Secret Sauce – the Portability of Regression Models
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. This presentation is being given at GIS/VaalTech 2023. The slide deck and speaking points are available upon request.
