Israel Land Appraisers Association Issues Strict AI Guidelines for Appraisers
The Israel Land Appraisers Association published new guidelines governing AI use in real estate, declaring technology an auxiliary tool while maintaining strict appraiser accountability.
The Israel Land Appraisers Association has released a comprehensive set of guiding principles regulating the use of artificial intelligence in real estate appraisals, establishing that technology serves strictly as an auxiliary tool rather than an independent professional authority.
Grounded in Standard 1.1 of the Appraisers Standardization Committee, professional ethics rules, and privacy legislation, the regulatory framework dictates that certified appraisers retain absolute personal and professional responsibility for all reports, valuations, and legal conclusions submitted to financial, planning, and judicial institutions.
Permitted Technological Uses versus Professional Discretion
Under the new guidelines, professionals may leverage AI for public data collection, scanning planning documents, summarizing program instructions, and drafting initial textual assessments or checking consistency. However, critical tasks such as selecting comparable transactions, determining adjustment coefficients, setting valuation methods, and defining appraisal assumptions remain exclusively within the purview of certified experts.
Data Verification, Security, and International Standards
The document explicitly warns against unverified outputs, known as "AI hallucinations," and potential geographic or socio-economic biases in system training data, mandating independent cross-checking of all automated results against reliable sources. Furthermore, practitioners are advised to utilize secure enterprise-grade systems rather than open free tools to protect sensitive client and business information.
Nechama Bogen, Chair of the Israel Land Appraisers Association, and Ofir Brin, Chair of the association's AI Committee, emphasized the balance between technological efficiency and professional accountability:
"Appraisers are already working with artificial intelligence tools, and their use will expand. While AI can streamline and improve work, it does not replace professional decisions and responsibility, which remain with the certified land appraiser."
The initiative mirrors broader global regulatory shifts in the real estate sector, following the Royal Institution of Chartered Surveyors (RICS) implementation of mandatory AI compliance standards.
