Donovan, Jamie; Postila, Mikael; Koponen, Seppo; … - European Real Estate Society - ERES - 2014
In this paper, the authors explore the central tenets behind automated valuation models (AVMs) and professional auditing, reconcile them, and aim to provide a solid framework upon which auditors can make their case when auditing AVMs. More specifically, we present a mass valuation model for the...