Innovation-Powered Precision, Time-Tested Excellence!
Future-ready solutions for today’s appraisal management.
Computer Vision
Computer Vision uses machine learning to extract meaningful data from images, videos, and other visual inputs. Through image classification, object detection and tracking, and content-based image retrieval to identify property conditions (and damage), find inaccurate descriptions such as room counts, and generate labeled recommendations or actions needed.
Optical Character Recognition
OCR has revolutionized the way property appraisals are conducted, offering customizable solutions tailored to specific requirements. This type of AI converts an image of text into a machine-readable text format. The two main types of OCR algorithms used for text recognition are pattern matching and feature extraction, making way for better document flow and accelerating turnaround time.
Digital Scanning
Compared to full appraisals, inspection-based waivers provide significant time and cost-saving advantages by harnessing the power of digital scanning. This form of AI uses a 3D tour of interior + exterior, an ANSI floor plan with GLA, and data reports for both GSE’s solutions to confirm the validity of a property’s value/sale price.
Computer Vision
Computer Vision uses machine learning to extract meaningful data from images, videos, and other visual inputs. Through image classification, object detection and tracking, and content-based image retrieval to identify property conditions (and damage), find inaccurate descriptions such as room counts, and generate labeled recommendations or actions needed.
Optical Character Recognition
OCR has revolutionized the way property appraisals are conducted, offering customizable solutions tailored to specific requirements. This type of AI converts an image of text into a machine-readable text format. The two main types of OCR algorithms used for text recognition are pattern matching and feature extraction, making way for better document flow and accelerating turnaround time.
Digital Scanning
Compared to full appraisals, inspection-based waivers provide significant time and cost-saving advantages by harnessing the power of digital scanning. This form of AI uses a 3D tour of interior + exterior, an ANSI floor plan with GLA, and data reports for both GSE’s solutions to confirm the validity of a property’s value/sale price.
AI’s ability to enhance efficiency, accuracy, and flexibility is
reshaping the way properties are evaluated with distinct advantages.
By automating data extraction, improving document management, and accelerating the appraisal process, results are being delivered at the forefront of innovation and excellence.
How we’re using AI to improve our clients’ businesses:
- Fewer revisions are needed, reducing back-and-forth time
- Higher quality, lower risk, faster turn times
- Report consistency and alignment with customized rules
- Deeper understanding of external factors
- Identifies suggestive language and labels potential imagery issues
4-STEP APPRAISAL REVIEW USING AI
AI Reading & Processing
Uploaded files get validated and processed.
Dynamic Rules Engine
Library provides full GSE coverage and custom rules with rapid updates. All rules applied based on specific adjustable criteria, including:
Automatic Routing
Files are sent to appropriate queues or teams based on automated rule pass & failure and conditions like:
Assisted Human Review
An intuitive user interface highlights rule failures and external data directly on the report:
AI is More Than a Technological Upgrade, It’s a Strategic Investment
With a foundation built on 43 years of experience, PCV Murcor brings a deep understanding of our clients’ goals that complements appraisal modernization. Over our long history, we have honed our processes to provide reliable and unparalleled appraisal management services, setting the standard for excellence in the industry. We remain dedicated to being a reliable partner, offering state-of-the-art appraisal modernization solutions that propel our clients toward success.
How can appraisal modernization help with your business needs? Contact us today!