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Don’t Start Driving until You Know Where You’re Going

Appraisal Buzz

You should never agree to do an appraisal, much less quote a fee, without first clarifying each of these six elements. They have that much variance in what they demand of the appraisal process. But the other problem is that it undercuts the contract you’re entering when you agree to perform the appraisal.

Appraisal 221
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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “The definition of market value.”

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How To Appraise Rural Properties

Appraisal Today

Urban, Suburban, Rural in Appraisals Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! USPAP does not require use of the specific term “personal inspection”. Answer: No.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. To me, the big issue is who is doing the inspections. Read the full report.

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USPAP Myths for Appraisers

Appraisal Today

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Streamline my appraisal process (10%) Plus 3 more To read more, Click Here My comments: Interesting stats! The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.76

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2024 USPAP For Appraisers

Appraisal Today

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. This covers all Definitions, Rules, and Standards. It shows a fundamental lack of understanding of what appraisers do. percent from 7.41 percent from 7.34

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The Ultimate Guide to Estate Planning Appraisal for Real Estate Properties

The Robert Weiler Company

The following guide walks readers through all the definitional terms involved in the estate planning and real estate appraisal process (also referred to as an appraisal for estate planning purposes) and how best to prepare when, eventually, we will all boldly leave this Earth. What Does the Probate Process Look Like?