abstract Automated valuation ar...

abstract

Automated valuation archetype (ARM) technology has become prevalent among lender who want to increase the spe of the appraisal proces With all this novel technology in place, how can we know that AVM techniques really work? Who is qualified to review the appropriateness of the data considered, the techniques applied, or the accuracy of the conclusions reached?

This article examines approaches for determining the accuracy of AVMs, including review of prototype validity, reliability, and precision.

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This article addresses to what extent appraisers can identify the vigors and weaknesses of automated valuation archetype (AVM) products on the market. This proces begins with