Markets for real assets are increasingly adopting automated valuation models (AVMs), with speed, cost, and the removal of ‘human errors’ among the driving factors, but adoption also comes with challenges. Many people see the term AVM and picture a fully, 100% automated process, where a valuation is produced by a computer with little or no human intervention, but the reality is a much broader spectrum of hybrids involving varying degrees of automation, digital data sources, and different levels of human involvement and interventions. Join Andrew Knight as he provides a snapshot of the current landscape of AVM adoption across all asset types based on engagement with stakeholders in all major world markets.
Andrew Knight, Global Data & Tech Lead, Thought Leadership & Analytics – RICS
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