Comments on: Who Is Thinking Hybrid Appraisal? https://appraisersblogs.com/class-valuation-digitizing-the-entire-appraisal-process-with-the-acquisition-of-datamaster-who-is-thinking-hybrids Appraisal News and Tips for Real Estate Appraisers Tue, 16 Jul 2024 03:12:27 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Baggins https://appraisersblogs.com/class-valuation-digitizing-the-entire-appraisal-process-with-the-acquisition-of-datamaster-who-is-thinking-hybrids/#comment-32522 Tue, 19 Oct 2021 22:24:25 +0000 https://appraisersblogs.com/?p=25836#comment-32522 In reply to Mark Giannini.

Good one Mark. Yeah, who bothers to read the terms anymore? Every program has an excess disclosure set.

I still can’t bring myself to accept the terms of Zoom Meetings. For people whom actually click accept without reading the terms…

My likeness, like my appraisal data, is not for broad dissemination or sharing. These advancements in technology are actually not all that advanced. Same thing, different package. A constant reduction in consumer protection, now with planned obsolescence!

They should scrape the CU database for plagiarized appraisal report commentary. Re mining and re using the already re mined and already re used content. When does it end? Someone is late to the party.

]]> By: Mark Giannini https://appraisersblogs.com/class-valuation-digitizing-the-entire-appraisal-process-with-the-acquisition-of-datamaster-who-is-thinking-hybrids/#comment-32433 Wed, 22 Sep 2021 18:56:21 +0000 https://appraisersblogs.com/?p=25836#comment-32433 Class Valuation (now owned by the venture capital firm Gridiron Capital), is not acquiring DataMaster for its revenue stream from appraiser subscriptions to its data services. This is a repeat of CoreLogic’s acquisition of Alamode. In both instances these companies have the opportunity to data mine valuable information from appraisers who “authorize” access to their data when they check the “I agree to these terms” boxes. I believe the data-mined information will eventually be used against appraisers as the acquiring companies sell the appraiser’s refined and verified real estate research to AVM companies or by directly competing against appraisers by offering their own alternative valuation products.

]]> By: Baggins https://appraisersblogs.com/class-valuation-digitizing-the-entire-appraisal-process-with-the-acquisition-of-datamaster-who-is-thinking-hybrids/#comment-32429 Wed, 22 Sep 2021 16:53:32 +0000 https://appraisersblogs.com/?p=25836#comment-32429 We have been sharing emails on this theory since the news was announced. I’m inclined to believe the argument that this is a shake down as a business who’s survivability is dependent on the finite appraiser resource, seeks to survive by claiming a parity pricing position through expansion (hybrids) and consumption of related industries (datamaster).

The concept of infinitely expanding volume production in a finite space with limited resources never ends well. This service, that service, it does not matter. The inevitable failure rests in the expanding business model itself. That’s why the independent appraiser model stayed that way, only small scale operators could handle the volatile climate of changing loan volumes over the long term. Save the money for a rainy day, people may benefit from the volume of scale for a time, but not forever.

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