Ronny Kazyska challenges, in an opinion piece published in Immobilien Zeitung, the expectation that artificial intelligence could eventually replace expert valuers in real estate valuation.
The article classifies AI as a technical tool, while clearly distinguishing automated model values from expert real estate valuation. The focus is on data quality, market transparency, value-influencing characteristics, investment risks, and the expert valuer’s responsibility and liability.
The article’s key message is that AI can support valuation in specific areas. However, it does not replace professional judgment, expert derivation, or personal responsibility.
