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Online Training

Fundamentals: Automated Valuation Models (AVM)

Automated Valuation Models (AVM) are redefining the valuation industry in the U.S. This class teaches the fundamentals of automated valuation models (AVMs).

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Course Duration:
60 minutes
1 hour formal CPD


Course overview

In this course, you will learn the basics of automated valuation models (AVMs). Topics covered will include an overview of the AVM industry, the advantages and disadvantages of AVMs, AVM design and administration features, and the internal workings of AVMs. By the end of the course, you should be able to understand AVMs generally and how they relate to the mortgage industry and real estate appraisal industry.

*Note to participants: This class focuses specifically on the use of AVMs in the US.

Who Should Attend

Valuers who are interested in integrating AVMs into their work.

Why Attend?

This course is useful to understand how automated valuation models work. Suitable for valuers who are interested in incorporating AVM-related data and techniques into their practices/firms, as well as improving their valuation skills and overall knowledge of the industry.


This on-demand video course is a recorded, instructor led program with interactions built in to test your knowledge.

About this course

Learning Objectives

By the end of the web class, you will be able to:

  • Describe the AVM industry in the U.S.
  • Be able to assess when it is appropriate to use an AVM
  • Recognize design and administration issues in AVMs
  • Identify the components of an AVM
  • Identify AVM issues to consider when implementing these into your valuation practice


In this web class, we will cover:

  • AVM industry overview
  • Advantages and Disadvantages of AVMs
  • AVM design and administration features
  • Internal workings of AVMs


Lance W. Doré, FRICS MAI

The Doré Group

Lance W. Doré is the President and CEO of The Doré Group. In this role, he directs all valuation assignments involving a wide variety of conventional and complex real properties, serves as litigation support to both public and private clients, provides expert advisory services, including forensic analyses and market and feasibility studies, as well as valuation for financial reporting.

 Mr. Doré has been a real estate appraiser for over 30 years and in addition to traditional real estate valuation has a special expertise in the valuation of complex highest and best use issues, right of ways, energy facilities, conservation land and partial interests. His geographical valuation expertise is focused in the western United States and he has completed international assignments in Tokyo, Central America, Mexico, Cyprus, and Moscow. Mr. Doré has written several articlesand books – mostly recently The Secrets of Real Estate Revealed.


If you're interested in having this course delivered to your company, contact us.

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  • Non-RICS professionals $65
  • RICS professionals $35
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