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How should appraisers approach short-term rentals?

DataMaster

The purchase of real property for the purpose of investment is not new. Some transactions are considered long-term investments, to live in and accrue equity. 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?

Appraisal 148
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Ethics is Our Solution

Appraisal Buzz

Appraisers are tasked with protecting the public trust, and yet, I have seen appraisers who knowingly and on an ongoing basis disregard facts and truth to provide reports with values or directions in values that advocate the cause of their client. Strong ethics is an irresistible treasure seen and felt by our colleagues and clients.

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How should appraisers approach short-term rentals?

DataMaster

The purchase of real property for the purpose of investment is not new. Some transactions are considered long-term investments, to live in and accrue equity. 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?

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5 best Arizona real estate schools for 2024

Housing Wire

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. out of 5 stars Rating: 4.5

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4 Ways to Motivate Your Commercial Appraisal Team

Real Quantum

It’s important that they are always challenged to learn a new skill, scope of work, property type, or technology. They do this through client relationships and should be rewarded for it. Have good moral character; Be a Certified General Real Property Appraiser (or meet equivalency).

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Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Since the onset of COVID, market data remains sparse for certain property types. With a wide range of commercial appraisal experience and real estate consulting, Mitchell Simonson’s 16 years of experience, knowledge, and ‘boots on the ground’ attitude are invaluable assets that have helped countless clients make smart business decisions.

Valuation 130
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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers should consider learning more about desktop appraisals and the hybrid/bifurcated appraisal process and using remote inspection tools such as RemoteVal ,” she advises. Older appraisers, he says, often get calls to handle complex properties that might lie outside the expertise of a less experienced competitor. “We