Episode 7 - The Human Element of Real Estate: A Conversation with a Real Estate Appraisal Ladaz Marshal
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Episode 7 - The Human Element of Real Estate: A Conversation with a Real Estate Appraisal Ladaz Marshal
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Mr. Marcelle and Ladaz Marshal discuss recent changes and trends in the real estate market that have impacted the appraisal process and business, such as the increased use of AI technology and the importance of having the right loan officer and realtor team when purchasing a property. AI cannot replace the human element of the real estate industry, so get a personal touch when it comes to real estate transactions. [00:00:00] Real estate appraiser's opinion of value. [00:08:08] Realtors impacting appraisal values: myth. [00:18:23] Realtor appraisals triangulate data, defend in court. [00:27:08] Valuing property: Location, age, finishes, comparables. [00:33:15] Increase value: Understand finishes, value adds. [00:41:31] Data-driven real estate appraisal integrity. [00:49:09] Real estate appraising: Research, analyze, dispute resolution. [00:57:08] AI enhanced appraisal process: AI aids appraisal process success stories. [01:05:41] Real estate value impacting generations: Pressure handled with asset loyalty. [01:13:57] Invest in assets, understand liabilities.