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Savvy real estate agents look beyond ChatGPT

Housing Wire

The history of AI and where it is going The Turing Test was developed by Alan Turing in 1950. Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. The latest chatbots, like ChatGPT, are far more advanced than those encountered on most retail websites. What is next?

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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = USPAP does not require use of the specific term “personal inspection”. Answer: No.

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Apps for Appraisers

Appraisal Today

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. This was the same process many of us underwent with the exterior-only (drive-by) inspections.

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How to Conduct the Most Effective Columbus, Ohio Property Search

The Robert Weiler Company

Once you have finalized your Columbus, Ohio property search with a property you’re interested in, there are key areas to inspect; look for damp spots and mold, and check out the woodwork, roofing, ceilings, doors, windows, cupboards, electric, plumbing, and heating. billion of new commercial real estate construction contracts in 2021.

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Fannie Files Complaint Against Appraiser

Appraisal Today

The inspection was uneventful. I was given a lockbox combination and inspected the vacant home. The lender may also contact the In-Plant Primary Inspection Agency or the manufacturer for the HUD Data Plate information. retail residential mortgage applications, and has been conducted weekly since 1990. A basic Q4, C3 home.

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USPAP Myths for Appraisers

Appraisal Today

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Elimination of Bias and Developing Cultural Competency – with Real World Relevance Required for California Appraisers Fulfills BREA’s new appraiser CE requirement for elimination of bias and cultural competency. percent of total applications from 39.4

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HUD launches Office of Manufactured Housing Programs

Housing Wire

Department of Housing and Urban Development (HUD) announced this week that it has established a new Office of Manufactured Housing Programs , which will report to Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner Julia Gordon.