Author: Hi, Today, we'll discuss Automated Valuation Modeling (AVM). As you know, AVM has been around for at least 30 years and has become one of the mainstays in property assessment and mortgage origination, both senior and junior. Do you think AI will enhance or destroy AVM in its current form?
ChatGPT: AI can definitely enhance AVM in its current form. With the help of AI, AVMs can be more accurate and efficient when it comes to calculating property values and mortgage originations. AI is able to process large amounts of data quickly, which can make for faster decision-making processes. Additionally, AI algorithms are able to identify patterns in the data that humans may not be able to detect on their own. This could lead to more accurate assessments and better decisions regarding mortgages.
* To fully explore the rest of the chapter, I recommend obtaining a copy of my book on Amazon. Here are the links:
Kindle version: https://www.amazon.com/dp/B0C5TR7FZZ
Paperback version: https://www.amazon.com/dp/B0C5P7M5XB
Hardcover version: https://www.amazon.com/dp/B0C5PFZVG1
PDF version (non-Amazon): https://payhip.com/b/7r4j8
