You are invited to the second of two FREE regression webinars hosted by David Braun, MAI of AVT.
It will be August 25th at 2:00 EST. Click here to register.
To watch the video of Webinar 1: “Introduction to Regression Analysis”
1) Load the required Webex viewer (click run to load): http://automatedvaluationtools.com/media/nbr2player.msi
2) Click the following link to watch the video: http://automatedvaluationtools.com/media/Introduction_Regression_Analysis.arf This webinar is about 40 minutes long.
FUSION, a low end USPAP compliant appraisal and report will be posted on the site very soon. It is free, but it utilizes updated verions of the Regression+ and the USL Documenter for it to run. If you purchased either of these products in the past year the updates are free. If you purchased over a year ago the update will only be $25.00 plus S&H.
Also, an updated Total Solution will posted the week of August 16th. This will meet the recent FANNIE MAE required changes. This most recent Fannie requirement is better than using the cumulative listing count, but statistically has some issues. One sample from each period for the number of listings may produce unreliable results. The Total Solution for the 1004mc form is now a FREE download. I guess you will just have buy something else (ha ha).
Upcoming Regression Analysis Seminar
Chicago, Illinois (October 21-22, 2010)
Directions and Hotels Here
Two day seminar (14 hours with test, 12 hours without test) Prerequisites: This seminar requires that attendees have basic (beginner) knowledge of MS Excel®.
This seminar is taught in a computer-lab setting. It presents a unique blend of theoretical knowledge and hands-on case study training. No need to bring your laptop or any software. Your computer will be provided as well as MS Excel® spreadsheet and a demonstration copy of “Regression+ for real estate professionals©” software.
At the end of this seminar participants will be able to:
- Understand how “least squares, straight-line” regression analysis works.
- Demonstrate an understanding of relevant statistical terminology.
- Understand how regression analysis relates to appraising and where traditional appraisal techniques and regression analysis overlap.
- Prepare data for analysis by “scrubbing” it in an Excel spreadsheet.
- Perform regression analysis of sales data to form an opinion of market value and extract adjustment values. o Utilizing the “Stepwise” method o Utilizing “Dummy Fields” o And, much more. ·
- Recognize the weakness (unreliability) of trending one property component at a time (such as sales price or sales price per square foot).
- Able to understand the underlying “assumptions” of regression and how to test that these assumptions have not been violated.
- Able to understand the reliability of the regression analysis results. · Decide if adding regression analysis to your appraisal practice is right for you.
- If you are a user of appraisals; determine if regression analysis can meet your valuation needs.
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