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Appraisal AI is Using AI for Next Generation Pricing Models

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the Geek Estate Mastermind. Today’s showcase:]

Combining big data and artificial intelligence, Appraisal AI is working to create the most accurate Intelligent Valuation Models to increase transparency in real estate markets around the country.

Appraisal AI believes that technology is still underutilized when it comes to the real estate industry.  Currently focusing on Single Family Residences, Appraisal AI looks forward to the day when families can make informed decisions about buying and selling without having to guess.

According to CEO and founder, Ritesh Bansal, “We tend to overestimate the short-term impact of technological change and underestimate its long-term impact. AI and Big Data will profoundly transform the real estate transaction process.”

Designed to learn and adapt, their models include data such as neighborhood information (including schools, taxes, crime, hospitals and more), geospatial data sets, social-economic data, spatial data and FEMA.

For more information on Appraisal AI’s work, products and vision, visit

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 As an agent who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. My background consists of a variety of talents & interests, from History to computers & Outdoor activities. On my free time you’ll find me golfing, hiking, tending to my Ranch, or spending time with my Family. I enjoy researching a multitude of subjects, music, real estate & web development, to name a few. My personal goal is to help my clients buy or sell to make their real estate dreams into realities. There is only one constant in real estate, service wins.   I am passionate about providing a level of service that stands out from the competition. Exceptional service doesn't necessarily mean working more hours, it means leveraging technology to work smarter. Finding out what best works for my client's needs.   There is no better feeling than helping a family find their perfect home.   Serving Cochise County and Beyond!!

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