News in 2024
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Basics of Modelling in AVM
20 June 2024, online seminar and workshop
60-minute-knowledge-session
“To keep us warm” (Thomas Dimopoulus)
On behalf of the Scientific & Organizing Board: Peter Ache,
Małgorzata Renigier-Biłozor, Artur Janowski, and Thomas Dimopoulos, we
are pleased to report the successful completion of our Global Online
Seminar titled "Basics of Modelling in AVM."
As a follow-up event to the wonderful Presence Workshop in Cyprus in
spring 2024, we held the first 60-Minutes-Knowledge-Meeting on AVM
(Automated Valuation Modelling).
Enthusiasts for data modelling and working with AVM from nearly all over
the world came together to listen to the outstanding expert in the field
Russ Thingam, USA, Arizona.
The seminar took place on 20 June 2024 at 15:00 CET. Russ Thimgan is
an esteemed researcher and modelling analyst, who provided a highly
engaging introduction to real estate data modelling in the context of
AVM. Key topics covered included: Introduction to AVM modelling, linear
regression, random forest, machine learning techniques, feature
engineering and model training and testing.
We had an impressive turnout of 131 registrations, reflecting the
global interest and relevance of the topic, from 26 countries:
Argentina, Austria, Cyprus, Czech Republic, Ecuador, Finland, France,
Germany, Ghana, Greece, Italy, Latvia, Lithuania, Poland, Serbia,
Slovakia, Slovenia, South Africa, Sweden, Tanzania, Trinidad and Tobago,
Turkey, Uganda, United Kingdom, United States, Uruguay.
Organisers and Collaborators
The seminar was organised by: FIG (Commission 9); University of
Warmia and Mazury (Institute of Spatial Management and Geography &
Institute of Geodesy and Civil Engineering), Poland; Neapolis University
in Pafos, Cyprus.
We are attaching a short video from the seminar which highlights key
insights and discussions.
https://youtu.be/zmX6m6blt_M
Upcoming Seminar and Feedback
We are excited to announce that our next seminar will take place in
August 2024. As mentioned during our recent seminar, we will be sending
out a survey to gather opinions on the topics you would like to see
covered in future seminars. Your feedback is invaluable in helping us
tailor our sessions to meet your interests and needs.
https://docs.google.com/forms/d/e/1FAIpQLScbvMVKBf3gN8-WpI4gP5GvZEW3hVB3edKWgFcTy1iNrRCPiA/viewform
We would like to express our gratitude to all those who played a role
in organising and participating in this event. The seminar was a great
success, providing a comprehensive introduction to modelling in AVM and
facilitating valuable discussions on the latest techniques and
challenges in the field.
We look forward to your continued participation and to welcoming you
at our next seminar in August/ September. You will receive exclusive
information about the seminar in advance.
Organisers
- Peter Ache, Chair of the FIG Commission 9 “Valuation and the
Management of Real Estate”
- Dr hab. inż. Małgorzata Renigier-Biłozor, University Professorr
hab. inż. Artur Janowski, University Professor
- Dr. Thomas Dimopoulos
Peter Ache, Chair of FIG Commission 9
June 2024
