Poll - How Likely Are You To Retire Before Implementation Of The Uad 3.6 Abomination?

[Dublin ohio]

I have no idea what any of that means. But I’ve been with them for 22 years and I’ve been happy with the product. I don’t like any of the new formats that I’m seeing honestly, but that wasn’t a software company doing. And I don’t have much interest in supporting those new fancy tech Bros you see all over LinkedIn. They might mesmerize the old white men in the profession, but not me.

I've been with Bradford since the appraiser's toolbox. Never had a problem with them and software glitches have been very minimal. Support has always been easy. The thing that concerns me when it comes to using one of the UAD 3.6 only providers. What do you use for non UAD reports. Pay for two types of software

 

[Surf Cat]

Has anybody completed a 3.6 uad report strictly on their iPad yet?

I mean....... this is what the powers that be are hoping for. The appraiser inspects and measures (via inaccurate Lidar) the property, goes back to the car, pokes on their iPad and sends it into the client before even driving away.

However, our brave, esteemed, associate testers here are reporting 7 plus hour, bang your head on the desk PC write-ups.

It appears the 3.6 is not even ready for prime time on the PC..... in your ergonomic chair where you can get up and go to the bathroom or get a cup of coffee. How's it working on the ipad?

 

[J Grant]

You're apparently missing the point that appraisers and AVMs don't drive the market, AI-enabled or not. They just observe/report what the market participants are doing. The consistency of that observe/report is what I'm referring to.

Speaking of consistency, a calculator or a spreadsheet does not "strive for an artificial level of consistency". They just operate consistently. If there's an error it's occurring at the model specification and calibration stages, not at the operation of the machine itself. Same as what happens in appraisals.

Let's say the AI-enabled AVM or appraisal is consistently 5% high or 5% low, those inaccuracies being measurable via a feedback loop. If a lender or other decision knows they're always 5% high or 5% low they can adjust their decision making accordingly. That's the utility of analytical consistency.
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Serious question: Consistent isn't the same thing as accurate or reasonable; it's just consistent.
So which would you expect to return a more consistent result? 5,000 appraisals performed by 1,000 appraisers or that same 5,000 appraisals performed by a single AI-enabled AVM or AI-enabled appraiser or whatnot?

I never said appraisers or AVM's drive the market. A human analyzixes and forms opinions, a human does not passibvlely observe and report. It is a falsheood that an appraisal is a simple observe and report, like a mirror. An appraisal is a series of methodical steps applied to sold and listed properties to derive a credibly supported MV opinion.

In your above e example, a single AI system for 5000 appraisals is a BAD thing for delivering consistency - because a single system or entity can be consistently wrrong.

Where does it appear in USPAP that consistency across so many different property appraisals is a desireable outcome?

 

[OSU Beavers]

It looks like a newer 13" iPad Pro with a magnetic snap on physical keyboard would be ideal.