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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. I got it mostly for MLS access and have only done one sale, representing the buyer. Many thanks to George.

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Value of a Pool for Homes?

Appraisal Today

This likely has to do with the cost of building a pool, cost of maintaining a pool, and even larger parcels at higher ranges – not to mention buyers at higher price points expecting a pool more often. In contrast, pools hardly exist in some locations, so it’s less of a factor because buyers don’t expect a pool. percent from 7.07

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Appraisals – Check the Water Source!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. Include graphs and charts in your appraisal to show your clients what is happening now and why they need human appraisers. . USPAP and the Contract.

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Too many appraisers?

Appraisal Today

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. Communicating with non-lender clients: Very, very different than lenders. These worsening affordability challenges have been particularly hard on prospective first-time buyers.”. Non-lender appraisals are an excellent option!

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

I always recommend VA as the best lender client for appraisers. Excerpts: Lending was not very prudent prior to the crash of 2008 as suggested by the trend in the median credit score (FICO), a measure for credit worthiness; for newly originated first-time purchase mortgages the median FICO score was 686 in Q1 2006 versus 740 in Q4 2020.

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The evolution of the more productive real estate agent 

Housing Wire

The agents who spoke with RealTrends all viewed any time spent developing leads and cultivating relationships that will help them grow their client base as productive. Just how we do contracts now is so much faster. The back end systems, when we are listing something or putting something under contract, it is all just very seamless.

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8 Signs of a Possible Real Estate Bubble or Burst

McKissock

Clients continue to require more market analysis be included in appraisals. Traditional buyers are replaced by new ones (investors). When traditional buyers are replaced by new buyers who are starting to invest in real estate, this is an indication of a possible bubble.