• DocumentCode
    560296
  • Title

    Research on Optimization Mode of Comparable Case Selection Process in the Market Comparison Approach

  • Author

    Nan, Yang ; Junwei, Zheng

  • Author_Institution
    Sch. of Manage., Xi´´an Univ. of Archit. & Technol., Xi´´an, China
  • Volume
    1
  • fYear
    2011
  • fDate
    26-27 Nov. 2011
  • Firstpage
    483
  • Lastpage
    486
  • Abstract
    In order to improve the precision of the real estate appraisal, base on the theory basis of real estate appraisal theory, this paper analyzed the difficulties and problems of the market comparison approach in the real estate valuation practices. The expert scoring method of the quantitative evaluation was used to quantify the factors. The AHP was used to weight the indexes. Through the use of computer technology, so as to realize the comprehensive evaluation of evaluation indexes, then selection comparable example by the scientific and objective way. The results show that this method can improve market comparison approach which reduces the error in subjective assessments and improves the accuracy of the valuation results.
  • Keywords
    decision making; pricing; property market; stock markets; AHP; analytic hierarchy process; expert scoring method; market comparison; optimization; quantitative evaluation; real estate appraisal theory; Accuracy; Appraisal; Cost accounting; Educational institutions; Indexes; Mathematical model; Vectors; AHP; Comparable case selection; Expert Choice; weight;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Management, Innovation Management and Industrial Engineering (ICIII), 2011 International Conference on
  • Conference_Location
    Shenzhen
  • Print_ISBN
    978-1-61284-450-3
  • Type

    conf

  • DOI
    10.1109/ICIII.2011.123
  • Filename
    6115053