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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry. Real estate agents in particular understand local properties extremely well.

Appraisal 314
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Consider These Factors When Choosing a Real Estate Appraiser

East Coast Appraisal

An accurate appraisal can help: A buyer to avoid overpaying for a property A seller to ensure they get a good price for their property A lender to avoid lending more than the property's fair market value Property buyers, sellers, and lenders enjoy these benefits if they work with the right appraiser.