Appraisal Today

MARCH 22, 2024

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Excerpts: 10 bedrooms, 14.5+

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Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Appraisers are real estate reporters.

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Appraisal Today

JANUARY 13, 2023

Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! I addressed him as Sir in our texts out of respect.“. “He

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Appraisal Today

OCTOBER 27, 2023

Haunted House Appraisal Adjustments Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Strange Encounters in Property Appraisal By: McKissock Excerpts: Property appraisal is not typically thought of as a “dangerous” profession per se.

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Appraisal Today

JUNE 17, 2022

Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! It did not even though many lots nearby were developed.

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Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

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Appraisal Today

FEBRUARY 24, 2023

By McKissock Excerpts: How do we measure ourselves? And a Level 3 appraiser knows how to think outside the checkboxes altogether. Appraisal Errors from Reviewers and State Boards Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Appraisal Today

JULY 7, 2023

Janette Miller, filed in California in Dec. Appraiser Countersues Black Plaintiffs Who Alleged Discrimination by Isaac Peck, Publisher WorkingRE There are now a number of lawsuits facing appraisers where the primary allegation is racial discrimination. Tate-Austin v. 2021, was one of the first (and perhaps the most publicized).

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Appraisal Today

MARCH 31, 2023

Secondly, the 3rd party inspection is sent to a licensed appraiser. Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. Hamp Thomas 12 minute video – my favorite commentary on this issue! First, “third party” inspections. Call to Action.

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Appraisal Today

NOVEMBER 25, 2022

The majority of my appraisal work is on divorces and estates, both of which have their fair share of crazy stories. Your attorney says to the MAI: How many house appraisals have you done this year? Your attorney is happy at winning the case, and you get lots more divorce work. Eric VanderWaal. To read more, click here.

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Appraisal Today

DECEMBER 22, 2023

How to Account for a Superadequacy By: McKissock Excerpts: What is superadequacy? Per The Dictionary of Real Estate Appraisal, 6th Ed., Example #1: Superadequate custom fireplace Example #2: Superadequate 12-car garage To read more, Click Here My comments: Although the blog post references luxury homes, this can occur anywhere.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. She designed more than 700 buildings in California during a long and prolific career. Worth reading. A good summary.

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Appraisal Today

OCTOBER 13, 2023

How to Level Up as an Appraiser By Conrad Meertins Jr. Depending on how you were trained, at the beginner level you typically view appraisals as forms — forms with checkboxes to be checked or left blank. Level 2 – Intermediate At the intermediate level, you realize there is more to appraising real estate than checking boxes.

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Appraisal Today

APRIL 28, 2023

First: How do appraisers value any amenity of a property? Complex Residential Properties for Appraisers = How to Tackle Unusual Appraisal Problems By McKissock – 40 minute video plus text comments. Excerpts from text: No two real estate appraisal assignments are alike. What to do? Those are certainly options.

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Appraisal Today

OCTOBER 14, 2022

I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! By Ken Dicks. Humor for Appraisers.

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Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. I recently had to renew my California Driver’s license, as I am over 70 and had to do a written exam and eye test.

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Appraisal Today

FEBRUARY 9, 2024

How does the FHA define appliances? How do appraisers consider appliances? Too many requirements so I quit doing them, but they helped me get started in my appraisal business. By Daniel A. Bradley, SRA, CDEI In September of 2015, FHA revised Handbook 4000.1 Bradley, SRA, CDEI In September of 2015, FHA revised Handbook 4000.1

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Appraisal Today

NOVEMBER 20, 2022

Learn how to accurately determine adjustments. Sins of the Past Are Back to Haunt Appraisers. Fannie Mae Takes A Closer Look at Appraisals. By Richard Hagar, SRA. Excerpts: In the recent past, when appraisers were swamped. Even with the Collateral Underwriter program review, appraisers were overwhelmed. Using only a single approach to value.

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Appraisal Today

FEBRUARY 2, 2024

The Appraisal World Is Changing January 25, 2024 Excerpts: There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. How will these UAD and URAR changes be beneficial? What exactly does this mean?

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Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. If used in the MLS on a comp, makes you wonder how it sold ;> Or an expired listing that didn’t sell. More Terrible Real Estate Agent Photos for Appraisers. To read more, click here.

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McKissock

JANUARY 5, 2021

Last month we asked our community of real estate appraisers, “What appraisal skill would you most like to improve in 2021?” I would love to learn techniques that have worked for others in getting your name out there!” What New Year’s goals do you have for your appraisal business? Want to participate?

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Appraisal Today

DECEMBER 9, 2022

How to Reduce Appraisal Revision Requests. Explain ‘How’, not ‘Why’ in the appraisal report. The most common frustrations arise when the appraiser focuses more on the type of adjustments made while the reader would look for the ‘how’ in the appraisal report. Don’t leave the ‘how’ part out while applying adjustments.

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Appraisal Today

SEPTEMBER 2, 2022

How to Handle Appraisal Pressure and Stay Ethical? Excerpts: There’s no simple and easy way to deal with appraisal pressure. A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients. I was very lucky.

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Appraisal Today

NOVEMBER 17, 2023

Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job. While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data.

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Will Springer Realtor

JANUARY 9, 2024

NEW LAWS AFFECT HOME BUYERS Washington lawmakers last year set out to make our corner of the country one of the most consumer-friendly real estate environments anywhere. Instead, many eyes may have been captivated by something else dropping – interest rates. Treasurys and mortgage-backed securities.

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Appraisal Today

MAY 20, 2022

Excerpts: I called the listing agent on the property I was to appraise and asked if they knew how an appraiser might go about obtaining a floor plan (for my desktop appraisal). Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! By Jamie Owen. I was really at a dead end here.

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Appraisal Today

JUNE 2, 2023

Learn how to provide an accurate value conclusion that protects the appraiser from the potential ramifications of their bad acts. The appraiser has no choice when faced with this question, they must answer and if they get it wrong…then the appraiser is in trouble. However, you should start off by listing and describing the concessions.

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