Data advances are putting Real Estate appraiser jobs under threat

Wednesday Jul 12th, 2017

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Real estate appraisers — the people who value homes before a bank hands out a mortgage — could be in danger of having their jobs wiped out by technological advances. Just as farm workers lost jobs to machinery, and robots killed off factory-based work, automation is creeping into home appraisal. Zillow Group claims it has developed algorithms that can both gather facts about neighborhood values, but also more nuanced price indicators — like whether or not a living room... [read more]

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