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Revive launches AI-powered listing tool for real estate agents

Housing Wire

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. “Revive Vision AI” aims to provide a more precise value assessment than traditional automated valuation models (AVM) by analyzing property photos.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. Let’s talk about the differences.

Appraisal 302
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Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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How to Price Your Home for the Current Market

Eppraisal

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Search real estate listing sites to find suitable candidates.

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The Value of an AVM as a Cog in the Wheel

Eppraisal

An AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. We treat it as a great starting point for a discussion with a real estate agent before placing your home on the market.

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Non-Arms Length Sales for Appraisers

Appraisal Today

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.