The more I read and learn about the real estate industry, the more faith I lose in it. After reading Steve’s post, the appraisal process seems to be almost entirely subjective and open to a substantial amount of error. Maybe it’s my background in working with databases, but I feel that the current system can, and should be, improved.
I have started a topic here for anyone interested in volunteering their time to help in conceptualizing and creating an open-source, open-to-the-public online database of properties.
I think something can be created that can do better than what’s currently available – and we have enough brainpower on this forum to do it. Let me know if you’re interested.
