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• Perspectives Paper: Automated Valuation Models and Residential Valuations
• Professional Insights: Stephanie Sparvero - Bloomberg  
• Brand Finance launch Global Intangible Finance Tracker (GIFT) 2022
• Webinar: Uncertainty & Risk in Valuation - watch again 
• New and proposed members
• Dates for your diary

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In October 2020 the IVSC issued its Agenda Consultation 2020 which highlighted Automatic Valuation Models (“AVMs”) as a key topic to be considered by the IVSC over the next few years.  The Agenda Consultation noted that the IVSC's Technical Boards had begun to look at this topic due to market feedback on technological disruption caused by the increasing use of AVMs, particularly by banks and valuers for the valuation of residential properties for secured lending purposes.

In this paper, the first in a series of Perspectives Papers looking at AVMs, the IVSC reviews the current International Valuation Standards and asks: “Can a Residential AVM ever produce an IVS Compliant Valuation?”
 

"It’s no secret that we are living in and dealing with challenging markets. More than ever, clients need us to be on top of the market and provide high-quality pricing to inform their understanding and execution strategies. We consider that job one.

We also handle price challenges in a timely and effective way that lets us focus on the next steps in product development for our clients. We’re able to do this because two years ago, we heavily invested in our pricing challenges resolution workflow so today we can turn around pricing challenges quickly despite spikes in inquiries. We are excited when clients engage with us about their challenges because it means that we are not just another pricing provider to them, but one that is providing essential information as they navigate tough markets. All pricing providers can look similar when there is low volatility but in the volatile market we’re experiencing today, BVAL is poised to be even better".
 

Earlier this month, Brand Finance launched the latest version of its Global Intangible Finance Tracker (GIFT) survey at an event in London.

The annual report tracks the value of the world’s largest companies by intangible asset value. Among the findings, the report notes that the value of global intangible assets fell by 25% in 2022 with the oil and gas sector bucking this trend with a 52% year-on-year increase. Elsewhere, the report finds that Apple has taken over as the world's most intangible company, with Aramco in second and Microsoft in third place.