Anyone complete a UAD 3.6 report ..... yet

[J Grant]

1. What “computer vision AI” really means in practice
   Most apps combine LiDAR depth data with computer vision to:

• Identify walls, doors, windows, and openings
• Classify rooms (bedroom, kitchen, bath)
• Detect some fixed features like staircases or fireplaces

We do the same thing using our eyes !! Human vision...

1. What the iPad LiDAR actually does well
   The LiDAR sensor on newer iPads can automatically capture interior geometry while you walk the property. As you scan, supported apps can generate:

• Room outlines and adjacency
• Wall lengths and ceiling height estimates
• Total square footage calculations
• A basic floor plan with labeled rooms

LIDAR does sound more useful for the above tasks.

 

[Trihard]

You can tell th

Lidar app-generated sketches are not yet approved for use by appraisers - CDC collectors use them. It sounds cool, but it seems they would take as long to do as measuring the traditional way in many cases. If appraiserfs are required to use them in the future, it will not be a game changer for us - just another tool to use.

Joan Trice has long been on the edges of the appraisal profession, trying to extract some $. Amazing how a mass of people, tech companies and data providers, and third parties are lining up make our lives easier and faster (according to them) for a fee, of course,

Then how did these geniuses claiming AI mastery and future cutting-edge tech, how did they fail to realize appraisers are among the lowest-paid people in the RE food chain, and AMC paid appraisers in close to a negative cash flow and volume declining, where do they think their golden profit will come from?

The auto-population data might save..... 20 minutes? But if one has to verify and vet what was populated, cut that in half. The remainder-- the analysis, the comp selection, chasing down information, solving the inevitable problem, then the ROV or review or stips is still all on the appraiser.

Nothing like coming into a borrowers home and telling them you have to video every portion of their house. Followed by, "I can give you 5 minutes to hide your wifes underwear." You can tell these people in charge have no idea what goes on in the field.

 

[Non Sequitur]

Joan Trice
The LiDAR camera within your iPad will capture the data automatically and populate your form. While you are scanning for floor plan these apps will also have computer vision AI . The goal would be that you are confirming the output and hopefully at least 80% if the report will be populated on site . When you return to your desk you will complete the balance

If Joan says the sky is blue you better go outside and look. Trust nothing she says or is involved with.

 

[ZZGAMAZZ]

Lidar app-generated sketches are not yet approved for use by appraisers - CDC collectors use them. It sounds cool, but it seems they would take as long to do as measuring the traditional way in many cases. If appraiserfs are required to use them in the future, it will not be a game changer for us - just another tool to use.

Joan Trice has long been on the edges of the appraisal profession, trying to extract some $. Amazing how a mass of people, tech companies and data providers, and third parties are lining up make our lives easier and faster (according to them) for a fee, of course,

Then how did these geniuses claiming AI mastery and future cutting-edge tech, how did they fail to realize appraisers are among the lowest-paid people in the RE food chain, and AMC paid appraisers in close to a negative cash flow and volume declining, where do they think their golden profit will come from?

The auto-population data might save..... 20 minutes? But if one has to verify and vet what was populated, cut that in half. The remainder-- the analysis, the comp selection, chasing down information, solving the inevitable problem, then the ROV or review or stips is still all on the appraiser.

J.G., I'm curious: What percentage of the entire 100% of time required to conduct an appraisal start-to-finish....is devoted to critical thinking, e.g. adjustments & reconciliation ???

 

[J Grant]

J.G., I'm curious: What percentage of the entire 100% of time required to conduct an appraisal start-to-finish....is devoted to critical thinking, e.g. adjustments & reconciliation ???

I have never tried to segment it out as imo we are always doing that- but the intense part of it perhaps one third.

 

[Non Sequitur]

Coming soon:

 

[Sadie]

Lidar app-generated sketches are not yet approved for use by appraisers - CDC collectors use them. It sounds cool, but it seems they would take as long to do as measuring the traditional way in many cases. If appraiserfs are required to use them in the future, it will not be a game changer for us - just another tool to use.

Joan Trice has long been on the edges of the appraisal profession, trying to extract some $. Amazing how a mass of people, tech companies and data providers, and third parties are lining up make our lives easier and faster (according to them) for a fee, of course,

Then how did these geniuses claiming AI mastery and future cutting-edge tech, how did they fail to realize appraisers are among the lowest-paid people in the RE food chain, and AMC paid appraisers in close to a negative cash flow and volume declining, where do they think their golden profit will come from?

The auto-population data might save..... 20 minutes? But if one has to verify and vet what was populated, cut that in half. The remainder-- the analysis, the comp selection, chasing down information, solving the inevitable problem, then the ROV or review or stips is still all on the appraiser.

It is for that reason (the vetting) that I don't use any of the data collection schemes, like data master. It is unreliable and creates more work than it saves, I guess if I didn't care how accurate or not the information is I would use it, but I do care. Same with LIDAR. I have seen too many errors with them.

 

[NC Appraising]

I read this from someone who spoke with the GSEs.

Not word for word...coming from my memory...

Why the reason for measuring of the window openings? It is for the data collectors that use programs like cubi casa or equivalent.

Why? It can be a way to help to determine the quality.

Cubi casa is not just for the GLA...

So Joan is not that far off.

After reading this it clicked....we are just part of the transition.

When they said that we will only get the complex ones, you should believe them.

The pcr collectors will upload all the data, the AI will use the pCr, photo recognition software, etc. To produce the AVM.

We will be completely removed from the process. Remember, the GSESs are not required to use appraisals.....

 

[Alsie35]

*SNIP*
After reading this it clicked....we are just part of the transition.
When they said that we will only get the complex ones, you should believe them.
The pcr collectors will upload all the data, the AI will use the pCr, photo recognition software, etc. To produce the AVM.

We will be completely removed from the process. Remember, the GSESs are not required to use appraisals.....

GSES to NC:

 

[Fernando]

I read this from someone who spoke with the GSEs.

Not word for word...coming from my memory...

Why the reason for measuring of the window openings? It is for the data collectors that use programs like cubi casa or equivalent.

Why? It can be a way to help to determine the quality.

Cubi casa is not just for the GLA...

So Joan is not that far off.

After reading this it clicked....we are just part of the transition.

When they said that we will only get the complex ones, you should believe them.

The pcr collectors will upload all the data, the AI will use the pCr, photo recognition software, etc. To produce the AVM.

We will be completely removed from the process. Remember, the GSESs are not required to use appraisals.....

Quality from windows?
The GSEs don't know sh*t. Appraisers can determine quality without measuring window openings.