HouseCanary has it figured out

[alebrewer]

Agile Insights: Bias-Free Single-Family Real Estate Valuations

Gain a competitive edge in real estate with Agile Insights. Harness powerful analytics and market intelligence to make faster data-driven decisions.

www.housecanary.com

 

[EddieB]

Sounds foolproof...

https://www.housecanary.com/wp-content/uploads/2020/06/hc_inspection-partners_white-paper.pdf

 

[EddieB]

Or should I say that this is proof there are fools

 

[Renee Healion]

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]

From another TAF , IAC member.

 

[jay trotta]

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]

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]

As long as appraisal are completed by humans....
There will always be the poential/possibility of "human bias"....

 

[Renee Healion]

So, assessors are next then.

 

[Tim The Enchanter]

Baloney. They write the bias into their algorithms.