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HouseCanary has it figured out

Renee Healion

Elite Member
Gold Supporting Member
Joined
Feb 21, 2004
Professional Status
Certified Residential Appraiser
State
Connecticut
Here we go. Resonates with people told their appraiser is racist. Maybe this one will take out an ad saying the equivalent of "Zillow is not racist".

"Objective data analysis, free from human bias
By building our valuations on data and sophisticated algorithms, we remove risk of human bias"

This is a gambit; it only looks like a joke.
 

Mejappz

Senior Member
Joined
Dec 16, 2005
Professional Status
Certified Residential Appraiser
State
Florida
From another TAF , IAC member. :giggle:
 

jay trotta

Elite Member
Joined
Feb 8, 2004
Professional Status
Certified Residential Appraiser
State
Connecticut
Spectacular.......faster than a speeding bullet, able to leap tall buildings in a single bound;

Faster turnaround than human-only products
Data, analytics, and machine learning return condition-informed valuations in less time than a traditional BPO or appraisal

Except when there is no dwelling on the site, only a machine would miss that; guess that touchy, feely, walk thru thing is useless.........heh, heh
 

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
I believe House Canary is the one that produced the MLR program that showed a sample that concluded the SF adjustment was between $40 and $114 per SF or some such...I'm sure that is correct for 90% of the houses I appraise.
 

ucbruin

Elite Member
Joined
Mar 11, 2014
Professional Status
Certified Residential Appraiser
State
Massachusetts
As long as appraisal are completed by humans....
There will always be the poential/possibility of "human bias"....
 

Renee Healion

Elite Member
Gold Supporting Member
Joined
Feb 21, 2004
Professional Status
Certified Residential Appraiser
State
Connecticut
So, assessors are next then.
 

Lee in L.A.

Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
Baloney. They write the bias into their algorithms. :p
 
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