Property needs both valuation models
I REFER to the article "SISV rejects computer-generated valuations" (BT, April 7).
I completely agree with SISV officials that there is a role for physical inspections and human expertise in the final pricing of property, mortgage underwriting, and the protection of any investment.
Indeed, SRX Property specifically created V-8 Full Valuation System to exceed SISV valuation guidelines and practices, and make valuations more accessible, affordable, fast and transparent to individual consumers - so that they too can enjoy the same type of inspections, valuer expertise and legal protections that deep-pocketed institutions and other property insiders currently enjoy.
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