TS02D: AVM, DIGITAL TWINS AND BIM FOR INCREASING TRANSPARENCY ON REAL ESTATE MARKETS [10608]

Commission: 9 & 10
Chair: Ms. Mercy Iyortyer, Chair FIG Commission 10, Nigeria
Rapporteur: Mr. Peter R. Ache, Chair FIG Commission 9, Germany

Planning, building and valuing real estate can be simplified today with the help of the use of computer technology. The keywords here are artificial intelligence, automated valuation, digital twins and Building Information Model. What role do they play in planning, building and valuing faster, better and smarter?

Guiding Questions for discussions:

• What exactly is the difference between BIM and digital twin?
• Can BIM be part of the digital twin?
• What hinders the implementation of Digital Twins?
• Can the Digital Twin or/ and BIM help in the valuation of real estate?

Wafula Luasi Nabutola (Kenya):
The Role of Building Surveyors in Construction & Maintenance Value Chain in Light of Misadventure of COVID-19 (11942)
[abstract] [paper] [handouts]

Christina Mauer and Schlachter Maximilian (Germany):
The Potential of AVM and AI – Opportunities and Risks for Appraisers (12081)
[abstract] [paper] [handouts]

Luke Jorgensen and Joshua Jorgensen (USA):
Using Machine Learning to Create High Performance Models for AVM Without Linearity Constraints (12092)
[abstract] [paper] [handouts]

Vassena Giorgio Paolo Maria (Italy):
Indoor MMS and Digital Twin to Get the Spatial Data of a Large Real Estate Asset (12176)
[abstract] [paper] [handouts]