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European Valuation Conference “Statistical Methods of Property Valuation - Are They Legal”

February 27, 2018

Join the ERASMUS+ European Valuation Conference on AVMs

27 February, Radison Blu Centrum Hotel, Warsaw


The exclusive use of statistical methods of valuation, including Automated Valuation Models (AVM), in the process of mortgage loan initiation and in the event of aa subsequent valuation review is contrary to European (and therefore Polish) law. Top speakers from Poland and abroad will explain why this is so and to what extent statistics and AVMs may be used in property valuation and market analysis.



 The European Union, Poland and the influence of the EU on the Polish Valuation Profession
 European law concerning the use of statistical methods of valuation and AVMs
 European Valuation Standards
 The accuracy of AVMs and their use as a valuer's tool
 Statistics in the context of economic theory
 The difference between real estate market analysis and the analysis of comparable transaction prices
 The role of statistics in the academic research of the real estate market


Michael MacBrien - Advisor to TEGoVA
David Magor - CEO, Institute of Revenues Rating and Valuation (IRRV)
Prof. George Matysiak - Cracow University of Economics and Lisbon School of Economics and Management
Prof. dr hab. Ewa Kucharska- Stasiak - University of Łódz
Barbara Majewska - Chair of PFVA Standards Commission
Dr hab. inż. Małgorzata Renigier - Biłozor - University of Warmia and Mazury in Olsztyn
Krzysztof Grzesik - Chairman TEGoVA, Vice President PFVA

Organiser: Polish Federation of Valuers' Associations (PFVA) www.pfsrm.pl

Conference Fee: 400 zł plus VAT

Time: 10:00 - 17:00

Venue: Radisson Blu Centrum Hotel, ul. Grzybowska 24, Warsaw

CPD: Participants will gain 4 CPD points under new regulation concerning Polish qualified valuers

Buffet Lunch: 13:00 - 14:00 (included)

Translation: English / Polish


Please email completed registration forms to:


Please find attached the conferernce flyer.



The project will develop and enhance the overall understanding and application of the European Valuation Standards across the whole of Europe.



Erasmus+ is the European Union programme for education, training, youth and sport for the years 2014 to 2020. It provides funding and support for organisations to operate projects consistent with its objectives and which encourage European exchange, co-operation and learning. Erasmus+ is funded by the European Union through the contributions of member states, including Ireland. Funding of almost €170 million has been allocated to Ireland for the duration of the programme.

Erasmus+ funding is available to all sectors (or fields) of formal, informal and non-formal education. Structurally, Erasmus+ is divided into three 'Key Actions' describing the kind of project activities possible.