Database (AO-18)

Credibility of the AVM output depends on the quality of its database and how well the AVM is designed to analyze that database. When using an AVM in an appraisal, appraisal review, or appraisal consulting assignment, the appraiser must have reason to believe the AVM appropriately uses data that are relevant.

 

  

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USPAP 2008–2009 Edition
©The Appraisal Foundation