Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Really, appraisers have always thought this way. The appraiser will be led through a process, defined by the scope of work. Most appraisers have diversity in their business channels.

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Appraisal Design Lending Technology 397

Housing Wire

SEPTEMBER 21, 2021

The FHA Catalyst: Electronic Appraisal Delivery module will allow for the administration to expand their data collection and analysis capabilities. Meanwhile, lenders can electronically submit, track and manage single-family property appraisals, the FHA said.

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Appraisal Modernization Property Appraisal Design 411

Appraisal Buzz

JANUARY 24, 2022

RemoteVal training will help appraisers spend more time on professional analyses while maintaining overall control of the inspection process,” said Renee Altier, President, Valuation and Property Services, Colibri Group, whose businesses include McKissock Learning.

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Housing Wire

AUGUST 18, 2021

Development of this technology was slow initially compared to other markets, but COVID has accelerated it into high gear. Today, a great many lenders are focused on enhancing and improving the front end of the business. It’s far easier for an LOS developer to add these front-end tools than it is for a POS developer to launch a new LOS.

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Mortgage Technology Tools Development 400

Cleveland Appraisal Blog

NOVEMBER 11, 2021

Zestimate…Ten Properties ” and finally, “ iBuyers…The Pawn Shops of Real Estate “ Obviously, this topic is of interest to me, seeing is that value is my profession. In the news, you’ve no doubt seen that Zillow is selling off the homes it owns and getting out of the home-flipping business.

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Market Value Valuation Appraisal Real Estate 364

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals.

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Valuation Contracts Appraisal Legal 360

Appraisal Hub

FEBRUARY 15, 2024

These appraisals are primarily concerned with the condition of the property, its location, and comparable sales within the vicinity. These appraisals are more complex, considering factors such as revenue generation, operating costs, tenant contracts, and market position. At Appraisal Hub Inc.,

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Real Estate Appraisal Appraisal Process Inspection 78

Boston Appraisal

MARCH 18, 2024

Tax Disputes : Property owners challenging their tax assessments, whether for year property taxes or estate and probate taxes, rely on appraisers. Eminent Domain Cases : When government entities acquire private land for public use, appraisers determine just compensation for property owners.

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Legal Real Estate Appraisal Valuation 148

McKissock

MARCH 17, 2023

As an experienced appraiser, there are many reasons you may decide to take on a trainee. You might be looking to grow your business, delegate tasks (e.g., property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers.

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Appraisal Training Property Appraisal Real Property 97

The Robert Weiler Company

SEPTEMBER 30, 2020

And, the commercial real estate appraisal review process is not just a second opinion or a survey to friends or even colleagues; it is a required, in-depth analysis by industry experts. How about entering into a business venture without the same careful consideration? A commercial appraisal review is also critical during litigation.

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Appraisal Hub

MARCH 5, 2021

If speed is an important factor for your next commercial property transaction, then you need a property appraiser that works fast. But even the most efficient appraisal firms can’t do their jobs if clients don’t provide the information they need. You as the investor or borrower need to do your part to speed things up.

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Appraisal Process Real Estate Appraisal Property Appraisal 78

The Robert Weiler Company

MARCH 15, 2021

Committed to 20 percent affordable housing options, the River & Rich project is a story of renewal and community rebirth via unique properties for sale. And, it is a major development that the Columbus region should celebrate. For instance, a historical property could be an excellent fit for several businesses.

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Appraisal Property Appraisal Real Estate Buyers 158

McKissock

FEBRUARY 13, 2023

Don’t miss this FREE update on VA appraisal topics on Wednesday, February 22nd from 11am-12pm ET. He was an independent fee appraiser on the VA panel for over 9 years prior to his current position. He was appointed to by the Governor of Arizona to serve on the State Board of Appraisals. Sign up now.

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Appraisal Reconsideration of Value Valuation Real Estate 85

McKissock

JANUARY 4, 2022

However, these are the general guidelines you’ll need to follow to meet the Appraisal Qualifications Board (AQB) criteria. Real estate appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details.

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Appraisal Real Estate Agent Development Valuation 93

Appraisal Buzz

JANUARY 24, 2022

Recognizing the challenges and resistance to alternative appraisal products, we’ve developed RemoteVal to fulfill the promise of an appraiser driven solution that can deliver speed that lenders and consumers want, while keeping the appraiser in control of the process. Buzz : Why should appraisers attend your webinar?

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Appraisal Inspection Technology Valuation 370

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.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

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

McKissock

FEBRUARY 13, 2023

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Invest in your professional development with one-hour, non-credit webinars presented by experts. View Pro-Series webinars.

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Appraisal Reconsideration of Value Valuation Real Estate 52

McKissock

MARCH 18, 2022

Once you have your appraisal qualifying education and trainee hours under your belt, you’ll want to consider which license level is right for you. Each level requires you to develop new skills that allow you to appraise different types of properties. Resources and helpful info to upgrade your appraisal license.

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Appraisal Real Estate Agent Development Property Appraisal 89

D Fritz Appraisals

JANUARY 8, 2022

First used to highlight luxury properties with state-of-the art video listings on real estate websites, the use of aerial drone photography and videography for real estate transactions is now commonplace. Drones used for real estate photography can provide detailed data for everyone involved in the purchase or sale of a home or business.

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Real Estate Appraisal Inspection Real Estate Agent 88

McKissock

DECEMBER 4, 2020

Developing an appraisal specialty is a great way to grow your business and stay competitive in the industry. Last month we asked our appraisal community, “What new appraisal specialty or niche would you like to break into?” ” “This level of appraisals is challenging and quite rewarding.

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Appraisal Property Appraisal Valuation Luxury Properties 66

Walitt Solutions

MAY 24, 2024

So, the contract price changing does not require the appraiser to consider this situation a new assignment. Must I assign a new file number to my second appraisal report? How an appraiser tracks files or labels the appraisal reports is a business decision.

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Contracts Appraisal Clients Market Value 74

Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. You can expand your area to include rural appraisals to get more business.

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Appraisal Inspection Modernization Business 69

Magnusson Group

SEPTEMBER 15, 2021

After a decade of legal practice, Nathan switched gears to study at Sotheby’s Institute of Art where he graduated as the class valedictorian in its Art Business program. He became a Fine Art specialist for a regional auction house before joining Sotheby’s in New York City where he worked in Business Development and Operations.

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Law Decorating Project Management Development 36

Appraisal Today

NOVEMBER 17, 2023

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.

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Appraisal Modernization Training Business 69

McKissock

NOVEMBER 10, 2020

As busy real estate appraiser, both your time and your professional reputation are extremely valuable. One thing you can do to help save time and preserve your standing as an ethical and reliable property appraiser is to put a little extra time and effort toward avoiding appraisal errors and violations.

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Appraisal Training Property Appraisal Design 64

Empire Appraisal Group

JANUARY 20, 2022

However, potential savings could be offset by another higher cost: property insurance rates. There’s not a lot of data, so a lot of carriers won’t cover homes with solar,” said Christy Wolfe, sales development manager with Florida Peninsula Insurance and Edison Insurance, to the Insurance Journal.

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Buyers Insurance Agents Legal 78

Real Quantum

NOVEMBER 24, 2020

The appraisers that work for you are the future of the business and the profession. It’s important that they are always challenged to learn a new skill, scope of work, property type, or technology. When you motivate your commercial appraisal team and they excel at tasks assigned to them, they add value to the company.

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Appraisal Client Relationships Design Property Appraisal 64

Magnusson Group

JUNE 28, 2021

She created the $40 million Fine Art Collection for the Las Vegas CityCenter Campus and worked with Steve Wynn, Mandalay Bay, and MGM developing their art collections. The post Las Vegas ASA International Appraisal Conference, October 2021 appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ.

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Appraisal Valuation Property Appraisal Development 69

The Robert Weiler Company

OCTOBER 21, 2022

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? The data is then analyzed and used to develop opinions of value.

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Real Estate Appraisal Property Appraisal Valuation 60

Real Quantum

AUGUST 3, 2022

They provide a variety of commercial valuation services specializing in multi-family, mixed-use, industrial, commercial, new construction, and land property appraisal services and have recently diversified into one- to four-family residential appraisal services. Westrock has had technology innovation in its DNA from the start.

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Valuation Technology Transportation Appraisal 36

Clear Capital

JUNE 21, 2022

In addition to the Fannie Mae and Freddie Mac focus on appraisal bias, federal banking regulators and the Consumer Financial Protection Bureau (CFPB), all of whom are on the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), continued their work to examine requirements around AVM development and use.

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Valuation Technology Lending Real Estate 69

Appraisal Today

AUGUST 18, 2023

Over 200 million users and thousands of small businesses are currently using Genius Scan. When business is slow is an excellent time to look for new apps, learn how to use your MLS and forms software, etc. When business is slow is an excellent time to look for new apps, learn how to use your MLS and forms software, etc.

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Appraisal Contracts Inspection Real Estate 75

DataMaster

MARCH 17, 2021

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. Until the last year or two, the wording of this Advisory Opinion seemed sufficient to satisfy any of the needs of appraisers to avoid the appearance of bias in their appraisals.

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Appraisal Inspection Property Appraisal Law 141

McKissock

JULY 20, 2021

The licensing laws and regulations for home inspectors do not permit them to develop opinions of property value like appraisers do. A home inspector might estimate the cost of certain repairs, but value opinions are left to the appraiser. Instead, the words “observe” and “observation” are used.

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Inspection Appraisal Construction Clients 105

McKissock

JULY 28, 2020

Specialization in this type of assignment can be very profitable for the residential appraiser. Some of the previously mentioned appraiser attrition in the industry was business volume related, but for others who left since then it may have been because “somebody moved their cheese” (i.e.,

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Appraisal Tools Real Estate Property Appraisal 58

The Robert Weiler Company

OCTOBER 15, 2021

The Upside (and Downside) of Buying Commercial Property for Sale in Columbus, Ohio. For a business owner or investor looking for a long-term property, such as a commercial building for sale, buying tends to be the best choice; however, it does come with its own set of risks. Is the area a business-friendly environment?

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