Housing Wire

MAY 23, 2023

In the past few years, appraisal bias has come to the forefront of conversations about appraisals and how they can be improved. Today, we actually have an opportunity to combat it in a way that we didn’t have five or 10 years ago, which is leveraging automation, artificial intelligence (AI) and machine learning.” Johnson said.

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Housing Wire

MAY 11, 2021

For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. . The GSEs require appraisers to evaluate them on a scale from C1/Q1(best) to C6/Q6(worst). Difficult, But Not Impossible.

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Appraisal Buzz

FEBRUARY 28, 2022

Before we discuss the impact of technology on the future of appraisal data, it’s good to get a historical perspective. Forty years ago, appraisers were storing property data on Property Cards. Ten years ago, (the 2010s) saw Big Data tamed by advances in Artificial Intelligence, namely Deep Learning and unlimited cloud storage.

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Appraisal Buzz

JANUARY 31, 2022

Opteon is looking for certified residential and commercial appraisers to join our team. In this fast-paced, deadline-driven industry, we empower our appraisers to work smarter, not harder. By empowering appraisers in the field, Opteon has trimmed down the average turn time in Australia and New Zealand from 12 days to 2 days.

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Housing Wire

FEBRUARY 1, 2024

There are several factors to cite but I want to highlight a key area that may be taken for granted — that not everyone receives a fair home appraisal. Stifled The Fair Housing Center of Metropolitan Detroit shared that loan denial rates in Detroit, due to the appraised value of a home (a.k.a.

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Real Estate Appraisal Insurance Training 408

Appraisal Buzz

DECEMBER 27, 2021

The housing market was hotter than ever last year, with pandemic-driven demand boosting home sales to their highest level in 14 years. There’s too little supply and too high a demand, a predicament that’s disrupted the housing and appraisal industries. Meanwhile, buyers are plucking up homes left and right. More Remote Contact.

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Housing Wire

JUNE 17, 2022

Amanda Hill: Lenders see appraisal modernization as a top priority by Maria Volkova. HousingWire: What has been your biggest learning opportunity? I changed positions every 6-9 months, learning more at each level, and I eventually ran the entire mortgage lending department. Amanda Hill: My cell phone!

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Housing Wire

AUGUST 8, 2023

AURA integrates appraisal quality analytics driven by machine learning and photo AI into loan origination and order management platforms. Through the AURA API solution, technology partners can provide lenders with a consolidated version of all the necessary data to assess the risk associated with an appraisal.

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Appraisal Valuation Technology Investors 365

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

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Business Appraisal Real Estate Agent Clients 393

Appraisal Buzz

DECEMBER 20, 2021

It quickly became apparent that the health risk would prevent professional fee appraisers from entering properties in order to inspect them for their appraisal reports. The second approach allowed appraisers to make use of other available technologies to complete their reports. The industry was on the cusp of a serious crisis.

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Appraisal Buzz

MARCH 21, 2022

Now that the GSEs have approved desktop valuations for purchase, appraisers need a way to collect trustworthy, verifiable data while also submitting floor plans on reports! Join us for our upcoming webinar on March 22 nd at 2 pm, “ Appraiser-Controlled Desktop and Remote Valuations ” with Mark Walser and Lisa Ratzke!

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Appraisal Buzz

JULY 2, 2021

Green technology and the popularity of green living are advancing rapidly, and many real estate appraisers are interested in gaining specialized knowledge and expertise in eco-friendly housing. Last month, we asked our appraisal community, “What green home feature are you most interested in learning about?”

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DW Slater Company

FEBRUARY 13, 2024

Love in Real Estate I’m I wrote this blog – 4 Things I Love About Being a Real Estate Appraiser- 10 years ago! We have experienced some very large swings in the market regarding the number of appraisals needed from a very high volume where appraisers couldn’t keep up, to the now very low volume of appraisal requests.

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Appraisal Buzz

OCTOBER 27, 2021

“A New Appraiser Discusses his Journey into the Industry” was originally published in May 2021. In this Buzzcast, we have Marcus Knight, a recently licensed appraiser diving into his firsthand account with the Appraiser Diversity Initiative (ADI) by Fannie Mae and the challenges facing trainee appraisers today.

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Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

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Appraisal Buzz

MARCH 11, 2022

Congresswoman Maxine Waters has announced plans to propose federal legislation designed to reduce the racial gap in home appraisals. With the new Fannie Mae and Freddie Mac desktop appraisal option going live this month, McKissock Learning has released an updated CE course to reflect the new.

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Appraisal Buzz

JUNE 23, 2021

In today’s Buzzcast, we dive into the Home Valuation Code of Conduct, where it began, and how it’s viewed today in the industry. They delve into a deep discussion regarding the HVCC and what we’re still learning from the housing crisis today. What exactly was the Home Valuation Code of Conduct?

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Valuation Appraisal Mortgage Housing Market 307

Appraisal Buzz

JANUARY 24, 2022

Are you ready to meet the new GSE requirement of a detailed floor plan for your desktop appraisals? Join us for our upcoming webinar on January 25th at 2 pm, “ The Future of Desktop Appraisals ” with Joshua Walitt and Mark Walser! Learn about all of the new features in RemoteVal – a free inspection app for appraisers!

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Housing Wire

JUNE 11, 2021

What’s the difference between a home inspection and an appraisal? The home-buying journey can seem daunting when questions like these are around each turn. Plus, if you start your research early, you will be much more prepared when the time comes to have a home inspected and appraised. Home Inspection.

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Housing Wire

AUGUST 22, 2023

The agencies intend to tackle two challenges evident during the Covid-years refi boom: higher costs due to appraiser shortages and concerns regarding bias in home valuations. “Even when appraisers follow the intended approach, it may result in an outcome that disenfranchises people. ”

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Appraisal Buzz

JUNE 29, 2021

Solar panels and green homes are becoming increasingly common in the marketplace. Below you’ll find answers to some frequently asked questions about appraising solar panels. Interested in appraising green homes? Interested in appraising green homes?

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Appraisal Buzz

JUNE 10, 2021

Clario becomes the first and only appraisal firm to participate in the program paving the way for the industry. RENO, Nev. — Clario Appraisal Network, Inc., Clario is the first and only appraisal firm to become SkillBridge approved and joins leading companies in other industries, including Lowes, Amazon and ADP.

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Cleveland Appraisal Blog

DECEMBER 24, 2022

Are you planning on renovating your home? What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. Read on for some pointers from Cleveland Appraisal Blog. Home Office Addition.

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Cleveland Appraisal Blog

JUNE 30, 2023

I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. Here are some tips to help you transition to a new city and begin a new chapter in your life, shared below by Cleveland Appraisal Blog. Find the Perfect Residence Finding the ideal home is essential for a comfortable stay in a new city.

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Appraisal Buzz

DECEMBER 6, 2021

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. According to the Appraiser Institute , more than 10,000 appraisers have left the industry since 2013. AMCs Driving Tech Innovation .

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Appraisal Buzz

JUNE 1, 2021

McKissock Learning is excited to announce the launch of our new Certified Green Home Appraiser (CGHA) program , now available to certified residential and certified general appraisers in many states. The post McKissock Launches New Certified Green Home Appraiser Program appeared first on Appraisal Buzz.

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Housing Wire

SEPTEMBER 16, 2021

From the use of bots by lenders and servicer’s to perform repetitive tasks (freeing up skilled personnel to focus on the bigger picture) to the creative underwriting programs seeking to provide access to home financing to those with nontraditional sources of income or credit histories, the pace of innovation is as fast as ever.

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Finance Legal Development Training 372

Housing Wire

JANUARY 3, 2022

Appraisal management company Clear Capital , in the latest effort to revamp the appraisal process, hopes to automate property photo reviews to ensure data and photo consistency with its photo review product , ClearPhoto. Permanent desktop appraisals are a win for everyone – here’s why.

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Tools Appraisal Appraisal Process Real Estate 429

The Appraiser Coach

OCTOBER 31, 2023

The myth we often believe when it comes to working from home is that productivity significantly slows down. Maybe you worked from home during the pandemic. What did you learn? They found a 13% higher productivity rate in employees working from home and a 50% lower quit rate.

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Cleveland Appraisal Blog

DECEMBER 10, 2022

As a certified residential appraiser, I can tell you that while some of the things noted in this report can decrease value, they may not, so take these points with a grain of salt. Betty is not an appraiser. Always keep in mind that your Ohio home is one of the biggest investments you’ll ever make. 1 Natural disasters.

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Appraisal Buzz

APRIL 7, 2022

Opteon is looking for certified residential and commercial appraisers to join our team. In this fast-paced, deadline-driven industry, we empower our appraisers to work smarter, not harder. By empowering appraisers in the field, Opteon has trimmed down the average turn time in Australia and New Zealand from 12 days to 2 days.

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Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Last year, I appraised a home for a homeowner.

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Appraisal Market Value Contracts Agents 418

Cleveland Appraisal Blog

JANUARY 12, 2023

Employment, the cost of the move, buying a home, and many other things. To learn more about writing a business plan, review this ZenBusiness guide on how to start a company. Research Potential Homes Before You Move. If you need to get a home appraised, Aspen Appraisal Services offers expert independent appraisals!

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Appraisal Buzz

JANUARY 10, 2022

If you talk to a professional risk manager working in the home finance industry, they’ll tell you that risk is hiding everywhere. Professional risk managers have learned what levers to move and what knobs to push to effectively mitigate their risk. Risk 1: Appraiser risk. But they still see risk pretty much everywhere.

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Appraisal Real Estate Valuation Investors 374

Housing Wire

JANUARY 10, 2023

However, all of the concerns from last year threaten to carry over — from the fear of recession to stubborn high home prices and the stickiness of sub 3% mortgage rates that keep future buyers firmly planted in their existing homes. Property Appraisal. No more clipboards with notes that stakeholders will never see.

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Housing Wire

DECEMBER 3, 2021

HousingWire: What has been one of your biggest learning opportunities? Reina Ramos: My biggest learning opportunities were working for both large and small institutions. Lenders need to be mindful that clients don’t purchase homes often and using acronyms to describe the program, terms or process can create confusion.

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Appraisal Buzz

JUNE 13, 2022

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. My first hybrid appraisal was developed 13 years ago. Buzz: Why should appraisers attend this webinar?

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