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Quality control, quality assurance processes needed to arrive at value estimates
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Valuation Review brings you more insight from Reggora Appraisal Compliance & Initiatives Director Ken Dicks, who referenced that whether you are talking about robots assembling automobiles, or algorithms producing mathematical calculations to arrive at a point value estimate, quality control and quality assurance processes are needed.
Designing algorithms that can produce multiple, reliable outcomes is not very common in the valuation space.
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