In this episode, Chris discusses the complexities and challenges of land appraisal, particularly in the context of third-party funding and the regulatory environment that banks operate under. He highlights the need for AI-driven underwriting processes to improve accuracy in property valuation and the significant role appraisal firms play in the real estate market. The discussion also touches on the implications of inaccurate appraisals on property transactions and the need for transformation within the appraisal system.
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