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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