McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “That it’s a process that requires a good amount of time.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Housing Wire

DECEMBER 8, 2023

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. In fact, you will become known as a true professional and receive repeat and referral business as a result of doing the best job possible for your clients.

Clients 386

Clients Real Estate Inspection Buyers 386

Appraisal Buzz

JUNE 6, 2022

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Now is your last time to sign up to receive the Appraisal Buzz Magazine for free from the Appraisal Buzz Premium Membership ! Every appraisal starts with identifying the appraisal problem.

Appraisal 221

Appraisal Clients Appraisal Process Inspection 221

Housing Wire

JUNE 30, 2021

The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Appraisal shortage. This continues to put a great deal of pressure on appraisers who are managing large portfolios during an appraisal shortage.

Clients 382

Clients Valuation Real Estate Appraisal 382

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

Real Estate Agent 76

Real Estate Agent Real Estate Agents Appraisal 76

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

Agents 87

Agents Appraisal Real Estate Agent Bracketing 87

Birmingham Appraisal

SEPTEMBER 15, 2022

What New Homebuyers Need To Know About Appraisals. Buying a home can be a confusing process, however, I hope that you have been able to surround yourself with knowledgable professionals who can help you navigate your first home purchase and make it an enjoyable experience. What is a Mortgage Appraisal? Who is the Appraisal for?

Appraisal 91

Appraisal Inspection Appraisal Process Real Estate Agent 91

Birmingham Appraisal

JUNE 13, 2023

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.

Real Estate Agent 79

Real Estate Agent Real Estate Agents Reconsideration of Value 79

Appraisal Today

JANUARY 5, 2024

Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. I suppose it is because most appraisals are done (now) for residential lending purposes.

Appraisal 78

Appraisal Contracts Legal Business 78

Walitt Solutions

MAY 24, 2020

A student in my USPAP Update class recently asked me, “I know I can discuss the report with the client, but I’ve talked about the report with other intended users, too. individual, group, or entity) who engage an appraiser by employment or contract in a specific assignment, whether directly or through an agent.

Clients 64

Clients Agents Appraisal Law 64

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

Birmingham Appraisal

NOVEMBER 8, 2022

What Information Is Included In A Real Estate Appraisal Report? This is a question I often get when someone is ordering an appraisal. I perform appraisals for multiple reasons, including estate planning , probate , divorce , PMI cancellation , pre-listing , and pre-purchase. Appraisal Process.

Real Estate 84

Real Estate Appraisal Appraisal Process Construction 84

McKissock

JULY 27, 2021

As a real estate appraiser, you’ve likely encountered assignments in which the purchase price is not supported by the available comps. To find out, we asked appraisers, “What’s your top tip for defending your work when the appraised value comes in under sales price? ” Here’s what they said.

Appraisal 109

Appraisal Contracts Clients Marketing 109

Appraisal Today

SEPTEMBER 22, 2023

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. Only appraisers do the appraisals. Read the full report. Very interesting.

Appraisal 89

Appraisal Training Inspection Real Estate 89

Appraisal Today

DECEMBER 2, 2022

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process.

Appraisal 83

Appraisal Agents Real Estate Real Estate Agent 83

Appraisal Today

SEPTEMBER 23, 2022

Excerpts: Commentary from a (Ryan) appraisal: Here is a bit of commentary in one of my recent appraisal reports. I remember the easy days of market condition adjustments 1% per month up or down, for example, to apply to all detached home appraisals. Number 1 for lenders (AMCs’ clients) has always been turn time.

Appraisal 52

Appraisal Marketing Business Contracts 52

Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. Appraisers are an integral part of the real estate sales process. Interacting With an Appraiser at a Property. Don’t tell the appraiser your client needs a certain value, for example.

Agents 78

Agents Appraisal Real Estate Realtors 78

Birmingham Appraisal

SEPTEMBER 26, 2023

On the other hand, the value that is reflected in most appraisals is a value that reflects what the majority of other market participants are willing to pay. Pressure from Clients Real estate professionals, including agents, often face pressure from clients to incorporate outlier sales into their Comparative Market Analysis (CMA).

Real Estate Agent 87

Real Estate Agent Real Estate Clients Agents 87

Appraisal Today

APRIL 7, 2023

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. Communicating quickly with the lender is an issue with the appraisal process. I don’t see much written about appraisers and emails. I have always had a landline for business calls and a cell phone for personal calls.

Appraisal 52

Appraisal Property Taxes Reconsideration of Value Contracts 52

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? Of course, most people confuse real estate agents with appraisers. We need a good Appraiser PR Campaign!

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Eppraisal

NOVEMBER 12, 2021

What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. Here are a couple of tips on what to expect during an appraisal. Who Orders the Appraisal? That's why neither you nor your buyer is the appraiser's client.

Appraisal 36

Appraisal Real Estate Agent Real Estate Buyers 36

Dart Appraisal

APRIL 30, 2021

Engagement letters are traditionally used by certain professional service firms, particularly in finance, accounting, law, real estate appraisal, and consulting, to define the specifics of the business relationship, or in the case of an appraisal – the assignment expectations. Who is the client and all intended users with addressees?

Contracts 69

Contracts Appraisal Tips Appraisal Clients 69

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

AmeriMac

JULY 25, 2022

This is why home appraisals are advised to ensure property costing is as fair as possible. This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions. What Is an Appraisal? Methods of Conducting Appraisals. What Is Appraisal Review?

Real Estate 36

Real Estate Appraisal Valuation Clients 36

AmeriMac

MAY 24, 2022

Appraisals are generally required when purchasing most residential and commercial properties, for lenders rely on these assessments to determine and confirm property values. Appraisal management companies take the burden of managing many appraisals off of lenders’ shoulders. What is an Appraisal Management Company?

Appraisal 36

Appraisal Lending Finance Appraisal Process 36

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What is an Appraisal ? Defining the Appraisal Scope of Work.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

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. For many years I appraised in the nearby city of Berkeley, CA. Worth reading. A good summary. Many people don’t like them.

Appraisal 83

Appraisal Contracts Training Architecture 83

Simonson Real Estate

DECEMBER 6, 2022

We’re grateful to work across several states and with so many great clients! In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. The goal of this article is to help lenders, banks reviewers and appraisers. Apply the solution.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

The People's Appraisal Blog

JANUARY 30, 2019

” I am owed $20,000.00″ “I am owed $2000.00” “I am owed $500.00” “I am owed $1500.00” These are just some of the quotes pulled from various groups, message boards and forums from appraisers all over the country that are owed money for the appraisal services they provided.

Appraisal 36

Appraisal Agents Law Real Estate 36

Appraisal Today

AUGUST 25, 2023

What’s the Average Real Estate Appraiser Salary? Excerpts: On average, appraisers earn $102,620 a year. However… the average appraiser salary varies significantly across license levels. Trainee appraisers earn an average annual income of about $53K. Licensed appraisers earn approximately $89K per year.

Appraisal 79

Appraisal Real Estate Agent Agents Real Estate 79

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals.

Appraisal 80

Appraisal Construction Contracts Architecture 80

Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? What if the home doesn’t appraise for the contract value? Some people confuse a real estate appraisal with a home inspection.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Appraisal Hub

FEBRUARY 15, 2024

Real estate appraisal, whether residential or commercial, is a critical component in the valuation of property assets. This process, often seen as more art than science due to its complexity, requires a deep understanding of the market, a keen eye for detail, and an analytical approach to gather and interpret data.

Real Estate 78

Real Estate Appraisal Appraisal Process Inspection 78

Realvals

JULY 27, 2022

As a real estate appraiser in California, I often hear this question, and the answer is almost always the same. It’s the client who pays for the home appraisal. But who is the client you ask? Home appraisal process. The home appraisal process will differ depending on what you need the appraisal for.

Appraisal 78

Appraisal Inspection Real Estate Buyers 78

Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. Appraisers there regularly value homes with small vineyards, sometimes leased to wine makers. Isn’t that Just PAVEY!

Appraisal 77

Appraisal Contracts Real Estate Agent Mortgage 77

The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process. Cost of construction and materials.

Real Estate 147

Real Estate Appraisal Property Appraisal Valuation 147

Raleigh Realty

FEBRUARY 19, 2022

9 Things to Know BEFORE Your Home Appraisal Home appraisals. They can keep buyers up at night after going under contract on a home. With competitive bidding wars and home selling for large percentages over the asking price, it's no wonder everyone is concerned about the home appraisal. What is a Home Appraisal?

Appraisal 148

Appraisal Appraisal Process Real Estate Agent Renovations 148