Residential Appraisers – Is your Adjustment Tool Reliable? Let’s Test it!

Join us for a 2 hour Residential Lunch and Learn!

**Lunch will be provided.

**2 Hour CE Credits are submitted for DC, VA and MD**

Course Description:

This course provides a practical governance framework for the back-testing of computer-assisted valuation applications in real property appraisal. Participants will learn what questions to ask, documentation required and testing to support credible reliance of a valuation adjustment application.

Course Objectives:

•  Define a governance framework for computer-assisted valuation tools used in appraisal practice
•  Apply a due-diligence question set to evaluate data cleaning, transformation, outliers, collinearity, and imputation
•   Describe three levels of validation (conceptual, technical, performance) and corresponding deliverables
•  Explain a practical certification workflow (submission, testing, sensitivity/probability testing
•  Identify USPAP-consistent requirements for credible assignment results when using model outputs