Optimizing Real Estate valuation: insights gained from student research

Academic collaboration driving our innovation

In our real estate valuation department, staying at the forefront of accuracy and efficiency is a constant pursuit. Recently, we had the privilege of learning from a student’s thesis that explored advanced techniques in property valuation. The research, titled Advanced Model Combining and Ensemble Learning for Accurate Real Estate Valuation, found that ensemble methods using neural networks to combine multiple real estate valuation models significantly enhanced prediction accuracy compared to basic model averaging techniques.

Optimizing Real Estate valuation

This research has provided us with practical insights into how we can further improve model valuations for the millions of model values we deliver to our various clients each year. By integrating various underlying modeling approaches, we could deliver even more reliable valuations, enhancing the value we provide to our clients. The student’s work not only challenged our existing methodologies but also inspired our team to further leverage artificial intelligence for real-world client solutions.

The student is offered a job with Ortec Finance. The research findings are brought into the product roadmap of our Real Estate Valuation department.

Our Graduate Internship program

A key driver of such innovation is our Graduate Internship program. This initiative allows students—mainly from financial and quantitative study backgrounds—to combine two days of hands-on work in one of our departments with three days dedicated to their thesis research.

Each year, around 15 talented individuals enroll in this Ortec Finance program. Many choose to continue their careers with us after graduation, often joining the same department at which they conducted their thesis research, and sometimes branching into other areas of our organization. This program fuels fresh ideas and continuous improvement for our clients and team alike.

We’re proud to support the next generation of professionals and to see how their academic insights directly drive our growth and success.