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14 indispensable AI tools for real estate agents

Housing Wire

Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, predictive analytics tools offer a more efficient, data-driven approach to generating new client leads. When you buy through our links, we may earn a commission. Visit Top Producer 2.

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

In a couple of words, it’s collaborative valuation; in a description it’s bringing together a team of professionals to tackle each appraisal report in concert. What is Collaborative Valuation? My solution was to hire and train a few folks that could help me develop and support my workflow and processes.

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Still Using a Clipboard and a Tape Measure? Get an Inside Look at Tech-Enabled Valuation Solutions

Appraisal Buzz

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Luke Tomaszewski: I’m an 18-year veteran of the real-estate valuation industry.

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AI could improve racial equity in homeownership, but there’s work to be done

Housing Wire

Nearly 50 interviews from staff members in the federal government, financial technology companies, mortgage lenders and consumer advocates found that the ability of AI to improve racial equity can be undermined by the data used to train the algorithm, not just by the algorithm itself.

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White House marks one year of PAVE appraisal bias action plan

Housing Wire

Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S. FHFA, along with HUD, [the U.S. Department of Agriculture (USDA) and the U.S.

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PAVE Task Force Releases Recommendations to Promote Valuation Equity

McKissock

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

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The risks and benefits of non-traditional appraisal methods

Housing Wire

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: What are some of the risks and benefits of non-traditional appraisal methodologies?

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