Automated valuation models [electronic resource] an international perspective
Downie, Mary-Lou
Automated valuation models an international perspective [electronic resource] - London CML 2007
Research paper investigates how automated valuation models (AVMs) are being used in other countries. Seeks to identify indicators of possible future development within the UK. Finds that patterns of their use across the world are complex and patchy. Although they are well-established in only three countries, worldwide usage is clearly increasing. This growth is driven by competition in the lending industry, together with time and cost pressures. AVMs have not yet been tested in a falling housing market. Innovations of their use include the integration of valuation, credit and capacity data and decision rules in electronic decision-making platforms.
1905257120
England and Wales--1543-
333.3320973 $2 18
Automated valuation models an international perspective [electronic resource] - London CML 2007
Research paper investigates how automated valuation models (AVMs) are being used in other countries. Seeks to identify indicators of possible future development within the UK. Finds that patterns of their use across the world are complex and patchy. Although they are well-established in only three countries, worldwide usage is clearly increasing. This growth is driven by competition in the lending industry, together with time and cost pressures. AVMs have not yet been tested in a falling housing market. Innovations of their use include the integration of valuation, credit and capacity data and decision rules in electronic decision-making platforms.
1905257120
England and Wales--1543-
333.3320973 $2 18