nachocheesefries
Senior Member
- Joined
- Jun 19, 2006
- Professional Status
- Certified Residential Appraiser
- State
- Missouri
It is possible that AI could play a larger role in the real estate appraisal profession in the future. AI-powered systems can analyze large amounts of data quickly and accurately, which could be useful in determining property values. However, it is important to note that real estate appraisal also involves human expertise, such as the ability to assess the condition of a property and consider factors that may not be easily quantifiable. It is likely that AI will be used to assist appraisers in their work, rather than replace them entirely. Additionally, regulatory and legal considerations are also a factor in the appraisal process, so even if AI systems could perform appraisals, they may not be able to sign off on them.
If you haven't checked out Chat GPT...you should. So many people on it, you have to wait a few minutes sometimes but its pretty frigging cool.
If you haven't checked out Chat GPT...you should. So many people on it, you have to wait a few minutes sometimes but its pretty frigging cool.