Risk of “wildly inaccurate” home estimates if automation replaces human appraisers

Federal agencies are trying to push the concept of automated home appraisals, but appraisers worry that the plan could lead to “wildly inaccurate” valuations of some homes. The idea is to reduce the number of homes that require an in-person appraisal by a human, in order to speed up closing times and save money for

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Real estate agents have nothing to fear from AI

Automation could well have a major impact on real estate, but human agents needn’t worry about losing their jobs just yet.

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