article thumbnail

Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

As a side note, appraisers remain responsible for complying with the confidentiality requirements of the Uniform Standards of Professional Appraisal Practice (USPAP). For this reason, if you are not the client, or employed by the client of the appraisal report, the appraiser will politely decline to discuss the appraisal with you.

article thumbnail

Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

As a side note, appraisers remain responsible for complying with the confidentiality requirements of the Uniform Standards of Professional Appraisal Practice (USPAP). For this reason, if you are not the client, or employed by the client of the appraisal report, the appraiser will politely decline to discuss the appraisal with you.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

article thumbnail

What is a SOC 2 Type II Report, and why is it essential for compliance?

Dart Appraisal

Compliance in the appraisal process means following federal and state guidelines. It also means protecting our clients and their borrowers’ information with the utmost security, privacy, and confidentiality. Uniform Standards of Professional Appraisal Practice and Value Approaches. Commercial Appraisal Value Scenarios.

article thumbnail

The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Birmingham Appraisal

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

article thumbnail

The Necessity of a Commercial Engagement Letter

Dart Appraisal

Who is the intended user of the appraisal report, and for what purpose is it being used? . Who is the client and all intended users with addressees? . The standard engagement letter utilized by Dart Appraisal on behalf of our clients has evolved and is used on approximately 4,000 commercial appraisal assignments per year.

article thumbnail

Beyond Buying and Refinancing: A Look at Alternative Types of Appraisals

Birmingham Appraisal

Example Benefits: A client needed the accurate market value of an inherited home that he had sold several years ago. The retrospective appraisal provided the necessary historical value, helping the client to satisfy IRS filing requirements. Related posts: How is your Appraisal Business in these Tough Economic Times?