General World News

The hybrid appraisal is here. Who benefits?

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties.

Sitting in traffic, Tomaszewski wished he could pay an Uber driver to take the photos instead.

“When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Tomaszewski, who worked to turn his idea into ProxyPics.

The company, which employs about 17 people, was founded in 2015, and details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com