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Webinar: New Minimum AVM Quality Control Standards
October 3, 2024 @ 9:00 am - 10:00 am
The role of AVMs in appraisal is a topic of hot debate.
Federal agencies have released a final rule implementing new minimum quality control standards for automated valuation models (AVMs) used by banks. The approach is designed allow banks “flexibility” to create more specific policies and procedures “based on the size of the bank and the risk and complexity of transactions in which AVMs are used” and to adapt to changing technology.
Panelists will look specifically at what the introduction of the new minimum quality control standards means for the use of AVMs, its effects on expectations for appraisers, and the implications for further trending issues in the appraisal industry.
Panelists include
Paul Chandler, MAI
Founder and CEO, Property Sciences, Inc.
2024 Vice President of the Northern California Chapter
Additional panelists
- Jeff Hogan, SRA, AI-RRS, Valligent & Veros Real Estates Solution
- Elizabeth Green, CMSP, Candescent Capital Ventures
- Doug Potts, MAI, AI-GRS, Delta Real Estate Analytics LLC
Thursday, October 3 from 9-10 am (Pacific Daylight) – via ZOOM
There is no CEC associated with this FREE informational webinar
AI’s Newly Introduced “Trending Topics” Thursdays Webinar Series: Join us for this FREE webinar of the Appraisal Institute’s brand-new, twice-monthly series focused on timely issues in the appraisal profession and the larger real estate industry. Then, continue to join us every first and third Thursday of the month, to hear speakers on topics from valuing complicated properties, interest rate trends, technology, and more. Take a peek at what’s been offered and what’s ahead.
