Home Equalizer

Taking the bias out of home appraisal #proptech

[Home Equalizer @HomeEqualizer]

Using our AI powered real estate AVM (Automated Valuation Modeling) platform, we are here to level the playing field.

No longer do we need to have biased appraiser low ball our homes—we use the power of technology to provide instant home appraisals 💯📈‼️

[Home Equalizer @HomeEqualizer]

The reason for Appraisal bias is very simple according to @FreddieMac — it’s the avg distance used when finding comparable properties.

1️⃣ For White families, it’s 1.4 miles.

2️⃣ For Black families, it’s 0.82 miles.

3️⃣ For Latino families, its 0.73 miles.

*single family 🏡

[Home Equalizer @HomeEqualizer]

The days of biased appraisals are over, we use AI to generate Home Appraisals.

[Home Equalizer @HomeEqualizer]

🏡 AI-powered home appraisals like never before! 🚀 Say goodbye to biased appraisers and hello to 500+ property comparisons. Our AI analyzes your home & assigns comp properties a similarity score out of 100. 💯✅ Score of 100? That’s the house next door that sold yesterday! 🏠🌟

[Home Equalizer @HomeEqualizer]

🏘️ Meet the future of home appraisals! Our AI-powered platform brings you accurate insights on neighborhood trends, average home values, and historical data 📈. Say hello to smarter real estate decisions! 🤖💡

[Matthew J. Sánchez @MatthewJSanchez]

14/ Kenny Burks (@burkskk01)

Category: 🏠 & 🛡️

Home Equalizer (@HomeEqualizer) & carKenny (@carKennyInc)

Home Equalizer: takes the bias out of home appraisal

carKenny: on a mission to end vehicle theft, car accidents, and traffic through connectivity

[Home Equalizer @HomeEqualizer]

We exist to level the playing field and return equity to Black and Brown home owners. #homeappraisalbias #mortgage #lenders #bias #blackhomeowners

[Home Equalizer @HomeEqualizer]

According to @FreddieMac, Home appraisal gap comes down to the comp distance used.

Comp distance = avg distance in miles between the subject property and the comps listed on the appraisal report.

Avg Comp Distance by race:
White: 1.4 miles
Black: .84 miles
Latino: .73 miles

[Home Equalizer @HomeEqualizer]

Source: https://t.co/Nap03xU40U

[Home Equalizer @HomeEqualizer]

Black and Latino homes are twice as likely to be undervalued vs homes in other neighborhoods. We exist to level the playing field.

#homeappraisals #kamalaharris #bias #lenders #mortgage #equality

[Home Equalizer @HomeEqualizer]

We’re building a home appraisal platform to take the bias out the process. Issues like those expressed in the comments are a reason we exist.

[Home Equalizer @HomeEqualizer]

#NewProfilePic

[Kenny @burkskk01]

Building @homeequalizer from ground up with $0 — just using mistakes and experiences from @carKennyinc

#adobe #logo #Entrepreneur #bootstrap #from0tohero #homeappraisals #equity #equality #ui #premierpro #partnerships

[Home Equalizer @HomeEqualizer]

Using @crunchbase & competitors to find #seedinvestors. Raising capital is hard, but so is life for Black home owners.

#crunchbase #blackfounder #minorityowned #homeappraisals #saas #B2G #mortgage #lender #startup #buildinginpublic

[Kenny @burkskk01]

@KingJosiah54 Find an investor for my startup

[Home Equalizer @HomeEqualizer]

Using #chatGPT to draft cold emails to investors. Yes, this still needs to be personalized, but it’s a huge time saver.

#vc #angelinvestors #startup #blackfounder #homeappraisals #pitchdeck #prototype #mvp

[Home Equalizer @HomeEqualizer]

We’re building

[Kenny @burkskk01]

Black homes are undervalued to the tune of $156 billion. Avg distance between Black homes and comp property is 0.74 miles vs 1.40 miles for White families. I decided to build an app to take the bias out the appraisal process.
#chatgpt #figma #realestate #blacktech #homeappraisals