The future of mortgage appraisal is poised to undergo significant transformations driven by technological advancements, changing market dynamics, and evolving consumer preferences. In recent years, the traditional methods of property valuation have been gradually giving way to innovative approaches that leverage data analytics, artificial intelligence, and automation. These emerging trends not only promise greater accuracy and efficiency in the appraisal process but also have the potential to reshape the way we evaluate and secure mortgages. In this rapidly evolving landscape, this discussion will explore the key drivers and potential outcomes of the future of mortgage appraisal, offering insights into how these developments may impact the real estate industry and homebuyers alike.
Future of appraisal with John Liss of True Footage
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John Liss is the founder and CEO of True Footage, the largest appraisal firm in the United States. True Footage provides appraisal services and software for appraisers to improve the accuracy and reliability of appraisal reports. John has a BA from Harvard and an MBA from Harvard Business School and previously worked in the real estate private equity space prior to building True Footage.