Automated valuation model definition

Automated valuation model means an automated system that

Automated valuation model means a computer software program that analyzes data using an automated process, such as regression, adaptive estimation, neural network, expert reasoning, or artificial intelligence programs, that produces an output that may become a basis for appraisal or appraisal review if the appraiser believes the output to be credible for use in a specific assignment.

Automated valuation model. A statistical mood or algorithm that estimates the market value of the subject property as of a particular date.

Examples of Automated valuation model in a sentence

• Seehttps://www.brokerpriceopinion.com 2 Automated valuation model (AVM) is the name given to a service that can provide real estate property valu ations using mathematical modeling combined with a database.

• To be consistent with epistemological process, we should leave the contemplation here and dip into the world of sport practice.

• Automated valuation model (AVM) was implemted under this framework.The Bank attaches high importance to integrating sustainability factors into its business strategy, which have resulted the bank being amongst the first players of the maket issuing green covered bonds in 2021 and it published a sustainability report and ESG Strategy in the second half of 2022, and continuously improve its methodology for quantifying its own GHG emissions.

More Definitions of Automated valuation model

Automated valuation model means an automated system that is used to derive a property value through the use of publicly available property records and various analytic methodologies such as comparable sales prices, home characteristics, and historical home price appreciations.

Automated valuation model or “AVM” means a statistically based estimate of a property’s value based on publicly available information such as comparable sales, property characteristics, and price trends.

Automated valuation model means an automated system that is used to

Automated valuation model means any computerized model used bymortgage originators and secondary market issuers to determine the value of a consumer’s principal dwelling collateralizing a mortgage.

Automated valuation model means a computer software program that analyzes data using an automated process, such as regression, adaptive estimation,

Automated valuation model means a computer software program that analyzes data using an automated process, such as regression, adaptive estimation, neural network, expert

Automated valuation model means a computer software program that analyzes data using an automated process, such as regression, adaptive estimation, neural network, expert reasoning, or artificial intelligence programs, that produces an output that may become a basis for appraisal or appraisal review