Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. Form a Business Structure.

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Investing Renovations Landlords Real Estate 332

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. What do short-term rentals mean for appraisers? Lenders and clients will be looking for an appraisal to secure a loan on the STR.

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Appraisal Tenants Investors Business 78

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What is an Appraisal ? Defining the Appraisal Scope of Work.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Appraisal Today

OCTOBER 27, 2023

Strange Encounters in Property Appraisal By: McKissock Excerpts: Property appraisal is not typically thought of as a “dangerous” profession per se. However, you may encounter some strange—or even spooky—properties from time to time. I worked for an assessor’s office for 5 years in my first appraisal job.

Property Appraisal 72

Property Appraisal Appraisal Business Contracts 72

Cleveland Appraisal Blog

JANUARY 12, 2023

If You Are Starting a Company, Create a Business Plan. Many people choose to move to a new state so that they can start or relocate their business, and that is a great idea. When many people think about how to start a company, one of the best pieces of advice is to create a business plan. Other Ways to Find Work.

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Appraisal Business Investing Housing Market 304

Appraisal Today

SEPTEMBER 22, 2023

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. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today.

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Appraisal Training Inspection Real Estate 86

Appraisal Today

SEPTEMBER 1, 2023

Appraising Odd Properties: What’s the Weirdest Property You’ve Appraised Recently? McKissock Survey Excerpts: As a professional appraiser, you’ll likely encounter some strange properties from time to time. Odd properties tend to be challenging yet rewarding in terms of the fee. built in 1905) 0.66

Appraisal 78

Appraisal Contracts Mortgage Real Estate 78

McKissock

DECEMBER 27, 2022

With 2023 just around the corner —and a good deal of uncertainty in the air—we wanted to find out where real estate appraisers plan to focus their efforts and what goals they hope to achieve next year. So, we asked members of our appraisal community, “What is your top professional goal for 2023?” Still enjoy the business.

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Appraisal Business Design Real Estate 83

Appraisal Hub

JANUARY 3, 2023

The number of businesses in Canada’s real estate appraisal industry has expanded by 2.1% If you are interested in becoming a real estate appraiser in Toronto, here are the basics you need to know. What Does an Appraiser Do? How Do I Become a Real Estate Appraiser?

Real Estate 78

Real Estate Appraisal Training Design 78

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Simonson Real Estate

SEPTEMBER 16, 2021

So, you are getting ready to request an appraisal on a potential commercial property deal but have a few questions before you decide on what appraisal company to use. We’ve compiled the top six most frequently asked questions about our industry and appraisal reports so that you can navigate the appraisal world with ease.

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Appraisal Appraisal Process Real Property Real Estate 78

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. Below are are several key points from my presentation titled Navigating the Appraisal Process that’s been presented several times to the U.S. Defining the Appraisal Scope of Work.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

McKissock

OCTOBER 4, 2022

If you are considering a career in the appraisal field , you may be curious about how long it takes to get licensed and start earning an income as a real estate appraiser. Here is some information to help answer the frequently asked question, “How long does it take to become an appraiser?”

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Appraisal Property Appraisal Real Property Real Estate 95

McKissock

MAY 26, 2023

How can you bolster your appraisal business during a slow real estate market? This month we asked our appraisal community, “What’s the BEST way to survive a slow market as an appraiser?” What’s the BEST way to survive a slow real estate market? Read the full survey results below.

Real Estate 64

Real Estate Appraisal Marketing Business 64

McKissock

JANUARY 4, 2022

You know there are good reasons to upgrade your appraisal license —including making more money —but you might be unsure of how to go about it. Depending on your state and the license level you wish to attain, the exact steps for how to upgrade your appraisal license will vary slightly. Real estate appraiser qualification criteria.

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Appraisal Real Estate Agent Development Valuation 93

McKissock

DECEMBER 31, 2021

Appraisal industry insiders tend to agree that 2022 will generally be a good year for appraisers. As real property appraisers look ahead to the new year, we wanted to know where they plan to focus their efforts and what they will strive to achieve. Maintain my current business (18%). Grow my business (7%).

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Appraisal Design Property Appraisal Real Property 64

Simonson Real Estate

JUNE 16, 2021

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate. Again, greater transparency leads to more accuracy. Regards, Mitchell Simonson, MAI.

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Appraisal Real Estate Appraisal Process Real Property 78

McKissock

DECEMBER 2, 2022

There are many reasons people choose to launch a career in real estate appraisal—including the potential to earn a high income, opportunity to work flexible hours, and low start-up costs compared to other small businesses, to name a few. Are you interested in starting an appraisal career? Take your classes online.

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Appraisal Training Real Property Design 85

McKissock

SEPTEMBER 14, 2021

There are an estimated 75,100 licensed appraisers in the U.S., People decide to launch a real estate appraisal career because they’re following in a family member’s footsteps or they’re intent on building a career in a field they love, as well as one that pays well and has a flexible schedule. according to the U.S.

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Real Estate Appraisal Inspection Real Property 92

Cleveland Appraisal Blog

JUNE 30, 2023

I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. Here are some tips to help you transition to a new city and begin a new chapter in your life, shared below by Cleveland Appraisal Blog. To ensure suitability, research neighborhoods, read reviews, and consult locals or real estate agents.

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Real Estate Agent Appraisal Bracketing Decorating 241

Simonson Real Estate

SEPTEMBER 25, 2020

Since the onset of COVID, market data remains sparse for certain property types. Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE).

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Valuation Appraisal Marketing Real Estate 130

Appraisal Today

DECEMBER 2, 2022

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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Appraisal Agents Real Estate Real Estate Agent 80

Appraiserblogs

AUGUST 1, 2022

She went from viewing occupational licensing as a necessary means to protect the safety and welfare of the public to a cynical tool promoted by established businesses to erect barriers against innovation and competition. Are Bifurcated Appraisals Legal in Your State? Who would have thought it? CALIFORNIA: WHERE RIGOROUS INQUIRY….

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Legal Training Property Appraisal Law 126

Housing Wire

JULY 28, 2022

MassiveCert, in addition to flood zone determinations, provides elevation certificates, Letters of Map Amendment services, private flood compliance, and real-property risk assessment. Up until now, Xactus obtained data from third parties. Servicers, are you prepared for hurricane season?

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Insurance Clients Modernization Technology 300

McKissock

OCTOBER 8, 2021

The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year. Job outlook for real estate appraisers.

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Appraisal Real Estate Technology Property Appraisal 74

Appraisal Today

APRIL 1, 2023

Appraiser Gets Subpoena – What to Do Excerpts: As an appraiser, you don’t have to be sued or be facing a lawsuit to find yourself on the receiving end of a subpoena—staring down a lawyer who is peppering you with questions. This is specifically for appraisers. I get calls occasionally from appraisers about this.

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Appraisal Business Marketing Agents 52

Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. Appraisers are an integral part of the real estate sales process. Interacting With an Appraiser at a Property. Don’t tell the appraiser your client needs a certain value, for example.

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Agents Appraisal Real Estate Realtors 78

Simonson Real Estate

JUNE 22, 2020

Americans have had to learn to live, work, educate their children, recreate, shop and otherwise transact business—all while social-distancing, self-isolating and not being physically present. Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work.

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Valuation Real Estate Appraisal Retail 146

McKissock

SEPTEMBER 10, 2020

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.”

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Appraisal Valuation Real Estate Design 54

East Coast Appraisal

OCTOBER 18, 2021

A home appraisal is vital when you want to sell your house. As the seller, you likely want a real estate appraiser who will provide an impartial opinion based on your current home's condition and the prices of other properties in your location. So how do you choose the right home appraiser? Qualifications.

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Appraisal Property Appraisal Real Estate Valuation 52

McKissock

JUNE 22, 2021

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career.

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Reconsideration of Value Appraisal Real Estate Retail 52

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” That’s the real reason why—because USPAP says so.

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Contracts Appraisal HOA Architecture 52

Appraisal Today

NOVEMBER 20, 2022

Sins of the Past Are Back to Haunt Appraisers. Fannie Mae Takes A Closer Look at Appraisals. Excerpts: In the recent past, when appraisers were swamped. Even with the Collateral Underwriter program review, appraisers were overwhelmed. Tier 1 appraisers have little to fear but tier 2 and 3 appraisers….

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

The Robert Weiler Company

SEPTEMBER 30, 2020

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media! Grant Applications.

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Real Estate Appraisal Property Appraisal Valuation 137

Cleveland Appraisal Blog

APRIL 21, 2022

Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised. CRAZY NEIGHBORS. Probably not.

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Market Value Appraisal Agents Real Estate Agent 350

Appraisal Today

SEPTEMBER 9, 2022

Appraisers are still required to comply with USPAP when responding to an ROV request, including the confidential nature of assignment results. My comments : ROVs are a PITA for many appraisers. Greg Stephens is a very experienced appraiser and reviewer. Reconsideration of Appraised Value. Appraisal Business Tips .

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

JUNE 24, 2022

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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Appraisal Contracts Mortgage Real Estate 52