The Appraiser Behind the Buzztoons

Appraisal Buzz

Today’s Buzzcast interview is with Steve Sanders, Owner of Appraisal Source. We sat down with Steve and Jim Morrison, VP of Marketing and Sales for Allterra Group, to discuss his famous Appraisal Buzztoons. What is your background in the appraisal industry? [link].

Rental Schedules Without an Appraisal?

The Appraiser Coach

Can you do a rental schedule on a property that you have not appraised? This was a question recently asked in my closed Facebook All-Stars group. Within this private group, Read More.

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Saving Photos as an Appraiser

The Appraiser Coach

It is no secret that we as appraisers take a lot of photos. I probably take about 20-25 per house that I inspect. Then there are all the comp photos. Read More.

Send Us Your Crazy Appraisal Stories!

Appraisal Buzz

This article was first published in the Appraisal Buzz Magazine. We are asking for submissions about your wildest appraisal stories! I lowered my window and explained that I’m an appraiser using the sale of his house as a comp for an appraisal of a sale in his neighborhood.

Appraisers: Fraud is Not Okay

The Appraiser Coach

Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few. Read More.

New Desktop Appraisal Policy with Freddie Mac

Appraisal Buzz

Today’s Buzzcast interview is with Scott Reuter, Chief Appraiser of Freddie Mac. We sat down with Scott and Joan Trice, Founder of Allterra Group, LLC to discuss the new Desktop appraisal policies and what that means for the industry. What does this mean for the appraisal industry?

Keeping the Appraiser in the Appraisal Process

Appraisal Buzz

In today’s Buzzcast, we dive into the appraisal process and how appraisers need to remain in the forefront of it all. Today we have Mark Walser, President of Incenter Appraisal Management, with Joan Trice, Founder of Allterra Group, LLC.

The Year Ahead for Appraisers

Appraisal Buzz

In today’s Buzzcast, we dive into the new year and what to expect in the appraisal industry for 2022. What has this year alone taught appraisers? How has this pandemic shaped the appraisal profession moving forward?

The Digital Transformation of Appraisal Data

Appraisal Buzz

Before we discuss the impact of technology on the future of appraisal data, it’s good to get a historical perspective. Forty years ago, appraisers were storing property data on Property Cards. This is the digital transformation of the appraiser’s inspection data.

UWM appraisal shakeup makes small splash

Housing Wire

United Wholesale Mortgage (UWM) announced late last year that it would turn the appraisal space on its head by launching an in-house appraisal program. Even if it has not made quite the outsized impact UWM said it would, appraisers mostly like the wholesaler’s new program.

Appraiser-Controlled Desktop and Remote Valuations

Appraisal Buzz

Now that the GSEs have approved desktop valuations for purchase, appraisers need a way to collect trustworthy, verifiable data while also submitting floor plans on reports! Learn about all of the features in RemoteVal – a free inspection app for appraisers.

Housing Finance, Technology, and the Future of the Appraisal Industry

Appraisal Buzz

We sat down with Dave, Luke, and Joan Trice, Founder of Allterra Group, LLC to discuss the 3,000 foot view on housing finance, what’s happening next in the appraisal industry, and learning more about the future of technology in the appraisal industry.

Five Common Issues Found in Appraisal Reports

Appraisal Buzz

Appraisals for mortgage finance transactions are subject to many levels of scrutiny and review. Post submission of an appraisal report ordered by an AMC for lending purposes, a quality control check of the report will be completed. The appraisal police are out there and watching you.

Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. From there it is assigned to the appraiser, and the team.

The Future of Desktop Appraisals

Appraisal Buzz

Are you ready to meet the new GSE requirement of a detailed floor plan for your desktop appraisals? Join us for our upcoming webinar on January 25th at 2 pm, “ The Future of Desktop Appraisals ” with Joshua Walitt and Mark Walser!

A View on Risk: Desktop Appraisals

Appraisal Buzz

Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for eligible loan transactions. Appraisal Labels. Prior to 2020, the most common appraisal label in the mortgage origination ecosystem was the Full Appraisal. Appraiser-specific risks.

Your Best Friend as an Appraiser

The Appraiser Coach

Many appraisers work out of our homes, not interacting with office staff or other appraisers. Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Read More.

Clearbox and Appraisers – A Perfect Match

Appraisal Buzz

In today’s Buzzcast, we dive into Clearbox, LLC and the many benefits it offers the appraisal industry. In what ways can appraisers benefit from having this information so readily available? How can appraisers sign up to be in this database?

Appraisers: Pay Attention to Policy

Appraisal Buzz

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. Most appraisers have been busier than ever over the past year and may be struggling to keep up with deadlines.

The Best Idea for IT Support for Your Appraisal Office

The Appraiser Coach

Technology is important to your business. Sometimes, it can be a challenge to keep your computer, your systems, your network, your internet, and the software you use all running and. Read More.

True Footage acquires Spark for Appraisers

Housing Wire

Seattle, Washington-based real estate valuation company True Footage announced the acquisition of Spark for Appraisers , an appraisal technology firm. Spark for Appraisers sells data infrastructure software to appraisers to produce faster and more reliable appraisals.

Waters demands investigation following racist appraiser email

Housing Wire

An appraiser who wrote a racist email to a researcher has received a response — but not likely the one he wanted. In an emailed tirade, appraiser Dave LaVigne lambasted appraisal bias researcher Elizabeth Korver-Glenn for her research on appraisal bias.

How Appraisers are Handling Market Value

Appraisal Buzz

In today’s Buzzcast, we dive into the hot button issue of how appraisers are handling this market. In what ways are appraisers reacting? How is this information beneficial to the future of appraising?

The Fannie Mae Requirement Impacting All Appraisers in 2022

Appraisal Buzz

In today’s Buzzcast, we dive into the new ANSI standards announced for appraisers. and Bryan Reynolds, Appraiser eLearning Partner. We’ll be getting the inside scoop while they discuss the new updates and their impacts on appraisers.

Is Appraisal Modernization Stymied?

George Dell

Appraisal is just one type of valuation, done by super-regulated, licensed appraisers. The post Is Appraisal Modernization Stymied? Appraisal Modernization Series Critical Thinking Future of AppraisalModernization means bring in modern methods. What are they?

Random Thoughts of an Appraiser – Part 6

Appraisal Buzz

Matt Simmons has been busy with his sixth edition of “Random Thoughts of an Appraiser!” There are plenty of times where appraisers have collectively had thoughts or concepts that can be communicated and/or questioned in a sentence and don’t need a dedicated article. The APPRAISAL is.

Appraisers – Don’t Fall for the Scam!

Appraisal Buzz

In today’s Buzzcast, we dive into the recent phone scam that has been targeting appraisers. Today we have Joan Trice, Founder of Alterra Group, and Alan Pair, Chief Appraiser of SVP Valuations. Why and how are appraisers being targeted? appeared first on Appraisal Buzz.

How Much Should a New Real Estate Appraiser Charge?

The Appraiser Coach

I was recently asked by a newbie in real estate appraisal how much I think a new real estate appraiser should charge. Many new appraisers and trainees want to get.

Things to Love (and Hate) About Appraising

Appraisal Buzz

Is there a career with more inherent paradoxes than real estate appraising? Every appraisal decision we come to requires lots of verified data – but also our intuition and opinions. To be a real estate appraiser is to live with these strange contradictions every day. This is my favorite thing about being an appraiser. Heck, I love to measure any property, and I’m forever grateful to the appraisal profession for introducing me to laser measuring devices.

Wait! There’s Risk in my Appraisal?

Appraisal Buzz

When it comes to the appraisal report, there are five primary risks lenders are working to mitigate. Here’s a brief look at valuation risk through the eyes of a lender or an Appraisal Management Company. Risk 1: Appraiser risk. There’s Risk in my Appraisal?

Learning from the Appraisers Down Under

Appraisal Buzz

In today’s Buzzcast, we dive into the current appraisal market and what U.S. and Australian appraisers can learn from each other. We’ll be getting the inside scoop while Joan and Chris discuss how we can streamline the appraisal process like they do in other countries.

Appraisers slam FHFA appraisal blog post

Housing Wire

Research detailing overt demographic references in appraisal reports has sparked anger from appraisers, even as they express dismay at the findings. “I Petersburg, Florida-based appraiser Francois “Frank” Gregoire. “I What was the score on these appraisals?

Dear Appraisers, Why do You Care about Your Competition’s Fees

The Appraiser Coach

As appraisers we often wear at least two different hats. You have heard me talk about the business owner cap versus the technician cap. While we often play both roles, Read More.

Increasing Diversity in Appraisal Profession.

Appraisal Buzz

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. The article accurately notes the lack of diversity in the appraisal profession.

Desktop appraisal option to start in March

Housing Wire

Desktop appraisals will become an option for some agency-backed loans submitted after March 19. In addition to those specific exclusions, a desktop appraisal may not be used if Fannie Mae’s automated underwriting system, Desktop Underwriter, flags it as “ineligible.”.

Energy Efficiency and the Appraisal Industry

Appraisal Buzz

We sat down with Joe and Joan Trice, Founder of Allterra Group, LLC to discuss energy efficiency, green certification, and how these can impact appraisers every day. What does energy efficiency mean for the future of the appraisal industry?

Lessons from German Appraisers

Appraisal Buzz

and Germany appraisers can learn from each other. What exactly are appraisers seeing in the current market? How does the appraisal process differ compared to Germany? Become an Appraisal Buzz Forum Member and comment below or email comments@appraisalbuzz.com.

3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. – APPRAISAL TODAY.

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Can You Be an Appraiser and an Agent at the Same Time?

The Appraiser Coach

It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent.

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Cybersecurity Concerns Appraisers Should Know

Appraisal Buzz

This includes sectors like home appraisals, which might not put a lot of focus on cybersecurity. What cybersecurity concerns should home appraisers be aware of? Why is this such a big deal for appraisals? Protecting Yourself and Your Appraisal Business.