J Grant
Elite Member
- Joined
- Dec 9, 2003
- Professional Status
- Certified Residential Appraiser
- State
- Florida
Aivre is an AI-powered real estate appraisal platform that automates, streamlines, and accelerates report generation, specifically designed to assist appraisers in selecting and scoring comparable properties (comps). By integrating Restb.AI's computer vision technology, Aivre analyzes, extracts, and classifies property features from photos to suggest the best, most relevant comparable sales.Working through the 3.6 on SFREP. It's a desktop application - not nearly as advanced as AIVRE, but for folks that like the old school 'feel', it's pretty intuitive. I don't dislike it - just takes longer to go through one than with AIVRE.
National Mortgage Professional +2
Key Features and Capabilities:
- Automated Comparables: Aivre uses AI to scan, score, and select comparable properties, significantly reducing the time spent on manual research.
- Computer Vision Imaging: The software analyzes property photos to identify and evaluate features, determining condition and quality scores for both the subject and comparable properties.
- Efficiency and Speed: The tool is reported to save over three hours per appraisal report, reducing the overall time by up to 50-82%.
- Compliance and Data: Aivre is designed for UAD 3.6 compliance, featuring 95% MLS coverage and assisting with report narration.
National Mortgage Professional +5
- Image Analysis: Uses AI to identify key features (e.g., renovations, pool, view) from photos.
- Data Integration: Connects with MLS databases to identify relevant nearby sales.
- Scoring & Validation: Scores potential comparables based on similarity to the subject property.
- UAD Compliance: Ensures the selected comps meet strict regulatory standards.
National Mortgage Professional +4
Inman Real Estate News
My comment -If Aivre is selecting the comps, there is no need for an appraiser to use it - anyone can use an AI-powered system that does nearly everything with a few clicks to guide it. The idea that it allows appraisers to focus on "final analysis" and that comp selection is "manual data entry" is spin. This software is developed to enable the next step in the GSE push to automate and influx non appraisers into the process- they did it with PDC collectors to replace the inspection, which serves to keep appraisers out of the actual market , and direct market experience - seeing properties, getting to know neighborhoods, talking to builders and agents and sellers is what creates the critical accumulaion of market knowledge. Direct market knowledge integrated with the data and methodology is what differentiates an appraiser from an analyst. "
With appraisers sitting at a desk - the result of hybrids, and if they rarely go out into the market and inspect properties, then appraisers do not have anyting extra to bring to the table. That fits the GSE goal....they can argue that a trained "data analyst" can analyze the Aivre output instead of an appraiser.
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