Let's take a look at technologies and trends that are already shaping Real Estate Valuations and Finance.

1. Technologies Shaping the Future of Real Estate Valuations
Phil Huff
President and CEO SpringHouse Valuations

2. Where we are trending…
 Accuracy of models will continue to improve at a
more rapid pace
 Over time, there will be a bifurcation of roles
 The future of Valuations lies in a marriage of man
and machine
 Artificial Intelligence and Deep Learning will play a
pivotal role in the future of Valuations

3. Technologies Shaping Our Future
• Background and introduction
• Today’s Business environment
• Technology advancing more quickly
• Alternative valuations
• Consumer facing technologies
• Disintermediation
• Technologies to Watch
• Aerial Imagery, Self-driving autos, BlockChain, AI/Deep Learning,
NLU/Siri/Alexa/?
• Closing and Conclusions

4. Technologies Shaping Our Future
 Built, managed and sold numerous tech
companies
 Passion for technology
 Served the RE Mortgage industry for over 25
years
 Head of Valuations for Altisource
 President and CEO, Springhouse Valuations
Background and Introduction – Phil Huff

5. Technologies Shaping Our Future
 Technology is advancing at an increasingly rapid pace
 The pace of tech progress increases exponentially over time
 Tech builds upon advances from previous rounds
 Chip technology
 Wireless Bandwidth
 DNA mapping
 Data storage
 Self-guided Vehicles
Today’s Business Environment – Advance of Technology

6. Technologies Shaping Our Future
 GSE Guidelines and Property Inspection Waivers
 Hybrid Valuations
 Bifurcated processes
 Advanced models using more, better data
Today’s Business Environment - Alternative Valuation Strategies

7. Technologies Shaping Our Future
 Many tech companies focused on recreating
originations experience
 Portal tech enabling virtual tours, including aerial
 AMCs becoming valuations technology providers
 RPAs breathing new life into legacy platforms
 Digital Natives
Today’s Business Environment - Consumer-facing Technologies

8. Technologies Shaping the Future of Valuations
Today’s Business Environment - Disintermediation

9. Technologies Shaping Our Future
 Google Maps and more
 Subscription services
 Aero-imaging software
 Drone imaging tech
 Satellite Imagery
Technologies to Watch – Aerial Imagery

10. Technologies Shaping Our Future
 Planet – 88 Doves
 Farmland – Crop yields
 Parking lot utilization
 Directing natural disaster relief efforts
 Mining operations outputs
 Fresher property updates
 Every roof – Every hour
Technologies to Watch – Aerial Imagery

11. Technologies Shaping Our Future
 Google Street View
 Every roof – Every Hour
Technologies to Watch – Self-driving Cars

12. Technologies Shaping Our Future
 Bitcoin
 1,600 and growing
 Immutable
 Free downloads
 Mortgage Tech-focused Application
 Low hanging fruit – Valuations? MERS?
Technologies to Watch – BlockChain

13. Technologies Shaping Our Future
 ML is in its infancy - Its importance in the future of
our industry cannot be overstated
 Primary applications – Modeling, NLU, ChatBots,
Digital Assistants
 Siri, Alexa and Google Duplex
Technologies to Watch – AI and Deep Learning

14. What could the future look like…..
 120 million residences
 Daily satellite and street view images of each residence
 Valuation modeling engine that continually achieves greater
accuracy
 Automated digital assistants that collect data updates from
homeowners as needed