Thursday 29 November 2018

Sorry, home appraisers, bots are coming for your jobs

Federal regulators are looking to pave the way for computers to replace humans in an increasing number of home value appraisals. The Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp. and the Federal Reserve proposed altering regulations related to when a home must be assessed by a licensed appraiser, the Wall Street Journal reported. Currently, homes valued at $250,000 or less can be bought and sold without an appraiser visiting the […]



source https://therealdeal.com/2018/11/29/sorry-home-appraisers-bots-are-coming-for-your-jobs/

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