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The American dream and the affordability crisis

Housing Wire

What is the “American Dream?” The phrase is attributed to writer James Truslow Adams in the 1930s, who described it in part as an aspiration that “life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement.”. A crisis of affordability. year-over-year. year-over-year.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

It is high-volume work,” Alipour recalled. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. And while former agents have nice things to say about Redfin, they also leave in droves. The pay wasn’t great.”.

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NAR Appraisal Survey 2022

Appraisal Today

NAR Appraisal Survey 2022. Excerpts from NAR Report (link below): In May 2022, NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members. While agents can “puff” we cannot! If it had a market value of $345k, it would have listed at $345k!”.

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Appraisers and Property Data Collectors

Appraisal Today

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. Trainees can do them.

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2024 USPAP For Appraisers

Appraisal Today

This year, for the first time, you can purchase just the book of USPAP standards for $35. The ASB will continue to review USPAP for changes when necessary but will shift much of its focus to providing more guidance to the marketplace. I taught USPAP before the ASB told you what to teach. Lots of people wanted to be on the ASB.