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What Is a Reconciled Value?

Cleveland Appraisal Blog

The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. Even if I do not include my development of the Cost Approach in my report, I have it in my work file.

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5 Appraisal Topics Every Agent Should Know

Empire Appraisal Group

At an interactive session Thursday called “Ask an Appraiser” during the 2021 virtual REALTORS® Legislative Meetings , panelists shared best tactics for working with appraisers and making the process as smooth as possible for all parties involved in a transaction. a residential real estate appraisal firm based in St.

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Maintain that Workfile

Appraisal Buzz

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. The world is a dangerous place for appraisers.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. . which can relate to valuation.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

“While 2022 is expected to continue to be a good year for the housing market, it will not be as exceptional as 2021,” predicts Jo Traut, appraisal curriculum and content specialist at McKissock Learning. Nonetheless, it would be prudent for appraisers to refresh or develop their knowledge on appraising REO properties.”.

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Why Do Square Footage Disputes Arise?

Empire Appraisal Group

Appraisers use three approaches to develop an opinion of the value of a home: The sales comparison approach looks at the subject property against similar, nearby recently sold properties. ANSI Z765-2021 , a standard for calculating square footage, from Home Innovation Research Labs. More Resources. Molitor-Gennrich.

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For Your Consideration, A Review

Valuation Nation

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Date of Report Under Review: 07/19/2021. Date of Review Report: 08/02/2021. Report under review: [link].