Digital disruption is what happens when new data technology and new business models crash into the old goods-and-services ways of doing things. But of course, this cannot possibly affect appraisal. After all, appraisal is about judgment, sharpened by years of experience, education and training. But it’s worth a look. Is it possible? Several causes of […]
Sez the “anti-statistics” guy! Statistics has been touted as an appraisal tool for a while. For many years, while heavily involved in the Appraisal Institute, I became a statistical evangelist and people would run from me. I’d come to believe that there was a gap in appraiser education. I presented a (relatively unnoticed) paper for […]
Regression is just a math formula. Regression is not magic. The answer is only as good as the data used. Regression is a tool. It is helpful to understand the difference between a tool and a model. To build a house, you need a hammer, the tool. You also need a nailing schedule, which tells you […]
Evidence Based Valuation Practice: Toward Real Price Indexing As a first, fully-explained example of the EBV approach, I want to look at one of the earliest but more important applications of our new way of thinking – price indexing. We can simplify things by looking at what we were taught, in order to discard some […]
What is the Mission of the Analogue Blog and Why You, as an Appraiser, Should Care. A blog shares “thoughts, opinions, and experiences.” The intent of this blog is to provide a starting point for thoughts, opinions, and experiences – perhaps a starting point for a community of activists. There are a growing number of […]