McKissock

MARCH 24, 2022

Update appraiser qualification criteria related to appraiser education, experience, and examination requirements to lower barriers to entry in the appraiser profession. Define metrics that can help to identify and measure patterns of mis-valuation in the property valuation process. Not to be outdone, the U.S.

Valuation 91

Valuation Property Appraisal Training Appraisal 91

Housing Wire

MAY 23, 2023

We often hear the statistic that the average appraiser is a 57-year-old white male. To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you.

Technology 331

Technology Appraisal Lending Valuation 331

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. But for all the weaknesses amongst appraisers, who is training the average property data collector on this stuff?

Appraisal 292

Appraisal Valuation Inspection Law 292

Clear Capital

MAY 15, 2023

According to Chen, there are generally fewer customer escalation issues due in part to the required robust, standardized data and the use of mobile technology, which drive a more consistent appraisal process in every neighborhood. VIEW ORIGINAL ARTICLE The post The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?

Appraisal 69

Appraisal Appraisal Process Training Government 69

Realtor

MAY 15, 2023

And in 2018, Fannie Mae began testing its hybrid appraisal, a method it had worked on for years to speed up and modernize the traditional appraisal process. But the hybrid appraisal really took off when the COVID-19 pandemic struck in 2020. When is the hybrid appraisal used?

Appraisal 107

Appraisal Real Estate Appraisal Process Market Value 107

Housing Wire

MAY 25, 2021

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. Navigating appraisal challenges in today’s housing market.

Appraisal 313

Appraisal Valuation Real Estate Modernization 313

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

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Appraisal Appraisal Process Buyers Legal 158

Housing Wire

JANUARY 11, 2022

“This means looking at our processes and approach, recruiting more appraisers of color and women, ensuring consumers know their rights, and reinforcing ethics, education, and training,” said Schley. But Schley also cast doubt on whether the bias references came from appraisers. “We Late flags.

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Appraisal Training Real Estate Appraisal Process 322

Clear Capital

MAY 15, 2023

According to Chen, there are generally fewer customer escalation issues due in part to the required robust, standardized data and the use of mobile technology, which drive a more consistent appraisal process in every neighborhood. Read the full story The post The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?

Appraisal 36

Appraisal Appraisal Process Training Government 36

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

Clear Capital

JANUARY 5, 2023

government made bold steps to support homeownership through the GI Bill. Before that, the government addressed these issues through housing programs started under the New Deal. The task force also proposed a set of policy changes to advance racial equity in the appraisal process. Troubling research.

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Appraisal Modernization Valuation Appraisal Process 69

Birmingham Appraisal

AUGUST 2, 2023

Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession. It’s imperative to choose an appraiser who is certified and licensed in the state they appraise in. A licensed appraiser demonstrates commitment and accountability to their clients and the industry.

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Appraisal Agents Valuation Real Estate 73

East Coast Appraisal

SEPTEMBER 26, 2023

The appraisal process is critical to real estate transactions.

Real Estate 52

Real Estate Appraisal Property Appraisal Insurance 52

AmeriMac

NOVEMBER 30, 2023

Appraisers can work independently or as part of appraisal firms, real estate appraisal departments, financial institutions, corporations, or government agencies. Becoming a commercial appraiser requires appropriate education, training, experience, and certification.

Appraisal 36

Appraisal Real Estate Appraisal Process Inspection 36

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What are some of the benefits of desktop appraisals?

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Today, many newer commercial appraisers start with large companies, especially large brokerages. Others are not.

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Appraisal Contracts Training Architecture 80

McKissock

FEBRUARY 25, 2022

Approach to the appraisal process. Appraisal specializations. ” “As a 38-year-old student and appraiser in training I bring a fresh perspective from other industries and many years of fresh life experience and completely unadulterated perspective of the appraisal industry.”

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Real Estate Appraisal Easement Inspection 78

AmeriMac

APRIL 15, 2023

When it comes to qualifications, commercial appraisers undergo additional training and require more experience than residential appraisers in order to obtain these credentials. The appraisal process takes into account the potential earning power of the property.

Real Estate 36

Real Estate Appraisal Property Taxes Valuation 36

Walitt Solutions

JULY 28, 2019

GSEs (Government Sponsored Enterprises, including Fannie Mae and Freddie Mac), in their current modernization initiatives, are piloting instituting these types of “bifurcated” data-collection processes.

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Appraisal Inspection Valuation Lending 28