appraisal data

How to Build a Regression Model in 8 Simple Steps

Regression is a mathematical tool used by real estate appraisers to determine the likely value, or adjustment rates, of various property characteristics and ultimately predict sale prices. Rather than relying on human opinion, listings, or previous appraisals, regression analyzes actual sales data to determine adjustment rates, assigning statistical value to characteristics such as GLA square footage, number of garages, acreage, …

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The 3 Characteristics of a Reliable Data Source

As a real estate appraiser, there are numerous data types and sources available that you could use to solve a specific appraisal problem. In order to reasonably believe that a source is reliable, it is recommended that you assess the dependability of a data source based on the following three characteristics, at a minimum. FREE Webinar: Join us Wednesday, August …

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