Conference and Workshop - 21-23 May 2025 in Pafos, Cyprus

The New Era of Real Estate Modeling: Insights into Current Practice, AVMs, AI, and Future Challenges 

Automated Valuation Models (AVMs), modern market trends, and the future of real estate modelling

Workshop details:

Highlights:

• Definitions, uses, and best practices of AVMs in contemporary property valuation and mass appraisal systems.
• Dialogues about ethical considerations in deploying AI and AVMs, including data protection and responsible technology use.
• Discussions on the implications of AI and blockchain for the future of the valuation profession and property taxation systems.
• Career development and essential skill sets for adapting to the evolving real estate market and integrating AI-based tools.
• Exploring the paramount importance of data quality, security, and quantity in mass appraisal, along with experiences in addressing related challenges.
• Advanced algorithms and modules in AVMs: their potential, limitations, and real-world applications.
• Charting the evolution from traditional regression analysis to cutting-edge AI and machine learning models in valuation.
• Integrating blockchain technology to enhance data integrity and transparency in real estate modeling and taxation processes.
• Reviewing global valuation and taxation standards, assessing their alignment with and response to emerging AVM, AI, and blockchain practices.

Objectives, goals and contents

Photo by Francesca Occhiuto from Unsplash

Photo by Milo Rossi from Unsplash

Welcome to our Scientific and Practical Conference:

" The New Era of Real Estate Modeling: Insights into Current Practice, AVMs, AI, and Future Challenges "

Throughout this event, we will explore the future of real estate modeling, focusing on the pivotal role of Automated Valuation Models (AVMs) and AI-driven innovations in transforming the valuation profession. The conference will provide a comprehensive overview of current AVM practices, practical applications, and technological advancements shaping the industry.

Our discussions will delve into key topics such as the ethical use of AI, data security and protection, and the potential of blockchain technology to ensure data integrity and transparency in property valuation. Special attention will be given to mass appraisal systems, exploring their integration with emerging technologies to create robust and scalable solutions for property taxation. We will also highlight the transition from traditional regression-based approaches to cutting-edge machine learning and AI models, offering insights into the human-machine synergy in valuation processes.

Practical workshops will cover real-world applications, including data acquisition, preprocessing, and securing sensitive information to ensure accurate and trustworthy results. Finally, the conference will focus on blockchain technology as a tool to enhance valuation practices and taxation systems, particularly regarding data reliability and the secure transfer of property information. Our goal is to inspire thought-provoking discussions and establish a collaborative platform for sharing knowledge, experiences, and groundbreaking advancements in real estate modeling and valuation.

Goals:

• Foster a collaborative environment for professionals, academics, and regulators to share experiences and knowledge in real estate valuation, AI, and data management.
• Encourage the integration of AI and blockchain technologies in valuation practices to ensure transparency, accuracy, and security in data-driven processes.
• Promote standardized and ethical practices in the use of AVMs and mass appraisal systems that comply with global valuation and taxation standards.
• Stimulate innovation in developing new tools and methods for real estate valuation and property taxation, ensuring adaptability to the evolving market.
• Emphasize the importance of data security and protection in valuation and taxation processes, fostering trust in AI-driven models and blockchain-based solutions.
• Provide insights into taxation-related challenges and opportunities, discussing how modern technologies can enhance tax systems and ensure fairness and equity in real estate markets.
  

Opportunities, Activities and Target audience:

• Opportunities for attendees to engage with experts, thought leaders, and peers in the industry.
• Publication of a post-conference report summarising key insights and recommendations.
• Establishment of a task force to examine the integration of conference findings with global valuation standards.

Who is the target audience

The conference targets both scientists and practitioners involved in real estate valuation, spatial economy, real estate market analysts, data scientists, practitioners in the real estate market, and the industry.

Programme

Programme at a glance:

Agenda day 1, 21 of May 2025

Programme in PDF

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General information, summary

Date:

21-23 May 2025

Place:

NEAPOLIS UNIVERSITY, Pafos, Cyprus, 2 Danais Avenue

Lead

International Federation of Surveyors, Commission 9

Organiser:

Services:

Participation in the seminar, seminar documents in digital form, catering during the breaks, dinner/lunch together (extra)

Timeline:

• Submitting abstracts for presentation to April 15th 2025.
• Registration for participation without presentation May 08th 2025
  Register here
  

Conference venue:

• Neapolis University Pafos, 2 Danais Avenue
  

Travel information:

• Paphos Airport
• From Airport to Conference location - 20 min by car
  

Accommodation & Hotel

• Participants are welcome to book a hotel of their choice. We recommend selecting accommodation near Neapolis University in Pafos for convenience.

Neapolis University Pafos

Contact and further information

• Peter Ache, figcommission9 [at] fig.net or peterache [at] achemail.de, Tel.: +49 173 930 81 48
• Malgorzata Renigier-Bilozor  malgorzata.renigier [at] uwm.edu.pl, Tel.: +48 531678987
  Local contact person
• Thomas Dimopoulus, E-Mail t.dimopoulos [at] nup.ac.cy, Tel.: +357 99053282

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Registration 

Registration fee:

• 160 EUR - early bird, until 29th of April 2025
• 200 EUR - after 29th of April 2025

Registration closes on 8th of May 2025

REGISTER HERE

We look forward to welcoming you to Cyprus for this inspiring and insightful event!
On behalf of the Scientific & Organizing Board Peter Ache, Małgorzata Renigier-Biłozor, Thomas Dimopoulos

Hosted by:
FIG Commission 9
University of Warmia and Mazury, Institute of Spatial Management and Geography
Neapolis University in Pafos