Essay Examples on Community College of Aurora

The art of evaluating commercial real estate Loan

The art of evaluating commercial real estate loan underwriting automation software Like every other industry the modern commercial real estate industry operates on human interaction and relationships Consumers interact with realtors agents brokers lenders and similar service providers followed by labour intensive negotiations and financial transactions Look at it from a technical perspective and you will find that in spite of being comprehensively organized the industry is evidently subjected to operational refinement and disruption in times to come With banks and financial institutions increasingly launching chatbots the said disruption seems to be done by Artificial Intelligence and self learning software The prime effect of these changes will be agility and efficiency of operations Subsequently increased efficiency means increased transactions and thereby increased revenue for both lenders and brokers Scopes and trends of automation in commercial real estate industry

1 pages | 276 words