Verify - AVMetrics

« Back to Glossary Index

To check the accuracy of something. For example, sales data may be verified by interviewing the purchaser of the property, and data entries may be verified by check digits.

Glossary: Result Code
Glossary: Subjective Data
MISMO’s Step in the Right Direction, The Common Confidence Score, Is Just One Step
MISMO's Common Confidence Score standard gives the industry a shared definition of what an AVM confidence score should mean. But defining the target and verifying that models are hitting it are two different things — and the verification requires independent testing at a scale most institutions cannot achieve on their own.

« Back to Glossary Index