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Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Mitchell Simonson , Founder, Simonson Appraisals.

Valuation 146
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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process.

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Appraisals and Water Frontage

Appraisal Today

Appraisals and Water Frontage. With many water fronting properties, the topics of “riparian and/or littoral rights” (and the “prior appropriation doctrine” in the western states) come into play, along with several other issues. Among the rights that come with real property ownership is the right to exclude others.

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Uncertain future, forgetting the past

Annarbor Appraisal

This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. On 3/23/20, Governor Gretchen Whitmer announced a “stay at home” order affecting all non-essential businesses, which included real estate showings. What about property taxes and their effect on affordability?

Buyers 78