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How to reduce appraisal turn times and improve the borrower experience

Housing Wire

This is a critical advancement in the industry as we’ve seen appraisal timelines continually increase. We also evaluate key metrics related to appraiser performance. HW: What are some of the current challenges regarding property tax assessment? JW: The challenges faced by property tax assessment are multi-faceted.

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Working With Your Appraiser Helps Deliver a More Reasonable Value

Simonson Real Estate

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate. Again, greater transparency leads to more accuracy.

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5 Appraisal Topics Every Agent Should Know

Empire Appraisal Group

“Good appraisers want as much information as they can get,” said Claire Aufrance, an appraiser and broker from Greensboro, N.C., who sits on the North Carolina Appraisal Board and the Appraisal Institute Board of Directors. How Multiple Offers Factor Into the Appraisal Process.

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Is Property Appraisal an Art or a Science?

AmeriMac

It is important to note that an appraisal is not a commodity in itself. Every property is unique for many reasons, the location being one of them. Describing a particular real property and collecting data relative to supply and demand are the appraiser’s responsibilities. Process of Property Appraisal.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. Using MLS photos is a joke, as real estate agents don’t take photos of defects.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Clear communication.

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Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Please join us on Wednesday, July 15th at 2:30 p.m.,

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