Technology Corner

Tyler Technologies Inc. announced it signed an agreement valued at more than $5 million under which Franklin County, Ohio, will use CLT Appraisal Services for its triennial property appraisal. Read on to learn more about this agreement.

Appraisal Logistics announced that the company now is providing automated valuation models from Veros Real Estate Solutions to users of its AIM-Port appraisal management platform. Read on to learn more.

Greenfield Advisors recently named Dr. Alon Bassok as principal data scientist. He joins the company as it extends its expertise into new industries and markets. Read on to learn more.

After nearly two years of competition among more than 3,800 teams from 91 countries, Zillow conducted a contest awarding a $1 million prize.

The contest was held to improve the accuracy of the Zestimate, the company’s automated valuation model (AVM). The winning team improved the AVM by 13 percent.

Read on to learn more.

Valuation Review continues its conversation with Bradford Technologies CEO Jeff Bradford.

Bradford shared more insight from his article “The Digital Transformation of the Appraisal Industry.”

Read Part II for more of Bradford’s thoughts on just where he sees the appraisal profession going in 2019, and beyond.

The appraisal industry knows all too well that advancements in technology are just one of many changes within the profession.

There are other areas appraisers have had to adapt to, such as compliance, regulations and the changes to the requirements necessary to become a certified appraiser.

Valuation Review reached out to Bradford Technologies CEO Jeff Bradford, who shared with us insights from his article, “The Digital Transformation of the Appraisal Industry.”

Federal Housing Administration changes to its Electronic Appraisal Delivery system Appraisal Logging screen and its Appraisal Case Transfer screen in FHA Connection originally were set to take effect Jan. 28, but have been postponed as a result of the government shutdown, which ended Jan. 25. Read on to hear more from the FHA.

Real estate professionals soon may have more options to get high-quality aerial photos for marketing purposes.

The Federal Aviation Administration is proposing to allow drones to fly at night and over people without waivers.

Read on for details about the proposed rules, which will be published in the Federal Register, and hear commentary from an aviation/drone attorney, who Valuation Review spoke with earlier, about what this proposal could mean for appraisers utilizing drones.

The Federal Housing Administration (FHA) hopes changes made to its Electronic Appraisal Delivery (EAD) system will translate into smoother procedures.

This should help appraisers when it comes to obtaining necessary data and other information.

Valuation Review, in Part II of this story, continues getting answers from the FHA and the U.S. Department of Housing & Urban Development (HUD).

CoreLogic announced the introduction of its Total Home Value for Originations AVM solution. This is the latest addition to the CoreLogic Total Home Value suite of AVMs. Read on to learn more.