Collecting Keys - Real Estate Investing Podcast

EP 493 - How AI is replacing Appraisers, Real Estate Agents, and Insurance, sooner than you think

Mike DeHaan

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0:00 | 43:12

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The appraisal is dying. Big lenders are building their own AI valuations, one broker rebuilt his entire MLS in a single weekend, and the people whose whole job was telling you what a house is worth are about to be gone. In this episode, we break down which real estate middlemen AI is about to wipe out, why Cincinnati could be the next market lenders blacklist, and why filing an insurance claim almost never pays off.

Topics discussed:
Introduction (00:00)
Revisiting the Brandon Turner and Pace Morby guru fallout (00:08)
The Cincinnati appraisal mess lenders are watching (06:21)
The fraud network that quietly costs investors money (07:42)
Why appraisers are about to be eliminated (09:49)
How AI could erase real estate agents and the MLS (14:37)
The new wholesale disclosure laws and the loophole (17:33)
Finding the local lender who thinks he is winning (20:16)
Why filing an insurance claim rarely pays off (22:04)
Why your insurance premium doubles after one claim (24:17)
Bitcoin's comeback and Iran's reserve play (31:01)
The K-shaped recession and Bezos's tax pitch (34:23)
Why this generation can't figure anything out (37:45)

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