Housing Wire

MAY 23, 2023

In the past few years, appraisal bias has come to the forefront of conversations about appraisals and how they can be improved. At Tavant , they’re taking a look at the past and present of appraisals to prepare for a better future. We often hear the statistic that the average appraiser is a 57-year-old white male.

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Technology Appraisal Lending Valuation 331

Housing Wire

JANUARY 25, 2022

With the recent news about desktop appraisals, appraisal technology is top of mind for many. HousingWire recently spoke with Reggora co-founder and CTO Will Denslow about the role of technology in appraisal innovation. How will this affect appraisal technology moving forward? How can technology help mitigate this issue?

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Technology Appraisal Modernization Valuation 314

Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic. Scott Murphy, CEO of D.S.

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Appraisal Appraisal Process Valuation Renovations 363

National Association of Realtors

DECEMBER 16, 2020

Understand home value, learn details about the appraisal process, borrowers rights, and more. Use this resource to become an informed home buyer.

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Appraisal Process Buyers Appraisal Home Value 85

McKissock

SEPTEMBER 8, 2020

Previously, we asked our real estate appraisal community, “What’s your favorite part of the appraisal process ?” This time, we asked appraisers, “What part of the appraisal process do you find the most challenging? What part of the appraisal process do you find the most challenging?

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Appraisal Process Appraisal Valuation Clients 65

Riverfront Appraisals

SEPTEMBER 12, 2022

Have you ever had a listing that didn’t appraise for contract price? The home didn’t appraise for contract price, so the deal is dead, right? The post The Realtor’s Guide to Appraisals Part 9: Can a Realtor Challenge an Appraisal? appeared first on Riverfront Appraisals. Not at all!

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Realtors Appraisal Contracts Appraisal Process 78

Appraisal Buzz

APRIL 19, 2022

3D tour technology reveals a new efficient and accurate way to gather data by launching a national network to collect data to complete desktop appraisals. Appraisers prefer Asteroom’s data because it includes a 3D tour that allows the appraiser to view the property remotely in its entirety for accurate and reliable appraisal results.

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Appraisal Inspection Real Estate Agent Valuation 195

Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. For example, appraisal turn time has swelled 65% from 2018, according to recent data published by Freddie Mac. Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage.

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Appraisal Valuation Real Estate Modernization 313

National Association of Realtors

AUGUST 29, 2023

Register today for the October 4 Webinar featuring a panel of seasoned REALTOR® appraisers, as they field questions about all aspects of the real estate industry and appraisal process.

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Appraisal Appraisal Process Realtors Real Estate 67

Housing Wire

JANUARY 14, 2022

The tides of the mortgage industry are changing as we head into 2022, and just like the sand under the waves, we can expect the appraisal landscape to shift along with it. Appraisers, like many other service providers, must adapt to market changes to accommodate their clients’ needs. Appraisal demand from generators (i.e.,

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Appraisal Marketing Mortgage Valuation 364

Appraisal Buzz

SEPTEMBER 1, 2021

This partnership will reduce the friction in the bifurcated appraisal process by enabling a seamless integration of property inspection data and analytics in appraisal workflows. PropMix’s platform and solutions are widely used by mortgage lenders, appraisers, realtors, and investors. About PropMix.io.

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Appraisal Valuation Real Estate Modernization 195

National Association of Realtors

SEPTEMBER 22, 2023

NAR joined a coalition letter urging regulators to consider benefits of certain aspects of the Veteran Affairs' (VA) Tidewater process for reconsiderations of value (ROVs).

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Reconsideration of Value Appraisal Process Appraisal 62

National Association of Realtors

MARCH 11, 2021

The appraisal process remains a challenge for real estate agents across the country. Learn some of the best ways to work with appraisers to make more deals.

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Appraisal Process Appraisal Real Estate Agent Real Estate 43

Riverfront Appraisals

APRIL 13, 2023

We’ve been exploring several frequently asked questions in this blog series, and most come to me from Realtors, lenders, or homeowners. This question is a tricky one, in that it usually comes from Realtors who don’t want their question to be made public. appeared first on Riverfront Appraisals.

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Appraisal Realtors Appraisal Process 122

Birmingham Appraisal

MARCH 26, 2024

This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps. They wanted to know if it was okay to use new construction sales in an appraisal of an older home. Appraisal Process To answer this it’s important to understand the appraisal process.

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Construction Appraisal Appraisal Process Bracketing 74

Appraiserblogs

OCTOBER 14, 2022

The results of the NAR appraisal survey show more than half of appraisers reported AMCs to be the greatest challenge in their business with 40% reporting not being compensated fairly. Highlights of the NAR Appraisal Survey The. Racial Bias in Real Estate: Is it the Appraisers’ Fault? It was March 28th,….

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Appraisal Appraisal Process Real Estate Finance 117

Riverfront Appraisals

MARCH 16, 2023

From time to time, we get questions from Realtors, homeowners, and builders asking us why we use certain approaches, or if we can only use one of the approaches to value. In this FAQ post, we’ll look at the three commonly-used approaches to value when appraising a single family residential property.

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Appraisal Realtors Appraisal Process Real Estate 122

Empire Appraisal Group

NOVEMBER 3, 2022

More than a quarter of real estate professionals say they avoid having any interaction with an appraiser, falsely believing they legally can’t. Source: Can You Talk to an Appraiser? The survey of more than 600 appraisers and 2,500 residential real estate pros was conducted in May. The post Can You Talk to an Appraiser?

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Appraisal Appraisal Process Legal Real Estate 78

Riverfront Appraisals

JULY 6, 2022

Misunderstandings about the appraisal process are plentiful, and some of those really do affect the way you do business. The post Appraisal Blog The Realtor’s Guide to Appraisals Part 7: Common Myths About Appraisals appeared first on Riverfront Appraisals.

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Appraisal Appraisal Process Business Housing Market 78

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.

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Agents Appraisal Real Estate Agent Bracketing 89

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.

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Appraisal Real Estate Agent Agents Real Estate 76

Riverfront Appraisals

APRIL 21, 2022

When’s the last time you picked up the phone and called an appraiser? Maybe you had a problem and the home didn’t appraise at the sale price. Do you ever communicate with the appraiser? While most appraisers and Realtors have good […]. Maybe you had a question about how to adjust for an inground pool.

Appraisal 101

Appraisal Realtors Appraisal Process Housing Market 101

Riverfront Appraisals

FEBRUARY 9, 2023

Realtors, remember the last time your buyer switched lenders at the last minute? I bet you were hoping you could just use the old appraisal, right? Lenders, how many times have you reached out to the appraiser and asked them to change the name on their appraisal from the original lender to the new?

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Clients Appraisal Realtors Buyers 112

Appraisal Buzz

JANUARY 31, 2022

I would say about 90% of the voicemails that I receive are from an irate homeowner worried about a rate lock or a stressed out realtor wondering if they are going to close on time. It’s no secret that appraisers are overworked. Assuring that the appraiser has the correct contact information for an inspection is very important.

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Appraisal Process Inspection Appraisal Clients 195

National Association of Realtors

FEBRUARY 28, 2024

NAR asks for clear guidance on the application of fair housing laws to the appraisal process as well as transparency in the compensation of appraisers.

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Appraisal Appraisal Process Law 65

Housing Wire

FEBRUARY 16, 2021

Out of necessity, the pandemic spurred numerous changes in the mortgage process, including appraisals. Reggora is a venture-backed startup that provides software to speed up the appraisal process for mortgage lenders and real estate appraisers.

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Appraisal Process Real Estate Valuation Modernization 214

Birmingham Appraisal

AUGUST 23, 2023

How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.

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Agents Appraisal Valuation Appraisal Process 85

Riverfront Appraisals

DECEMBER 7, 2022

Over the years, we’ve collected some of the most frequently asked questions from Realtors, and here they are for you – with answers! If you have any additional questions, feel free to reach out to Ryan personally at ryanbays@riverfrontappraisals.com Who Needs to Be at Home During an Appraisal?

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Appraisal Realtors Appraisal Process Property Appraisal 88

Valcre

OCTOBER 19, 2022

A commercial property appraisal is a crucial component in purchasing a commercial property. Commercial property appraisals are so effective that realtors win multiple offers by using appraisal addendums when making an offer. What Do Appraisers Check for During a Commercial Appraisal?

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Appraisal Property Appraisal Appraisal Process Realtors 62

Realvals

AUGUST 9, 2022

Zillow, Realtor, Trulia, and Redfin are some websites that come to mind when buying or selling real estate. But are these sites used by home appraisers? These estimators work similarly to what an appraiser does to find a property’s value. Do home appraisers use Zillow? Keep reading to find out. . Yes, and no.

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Appraisal Real Estate Appraisal Process Real Estate Agent 78

National Association of Realtors

APRIL 3, 2023

A more streamlined appraisal process won’t materialize until lenders and appraisal management companies understand the critical need for credible, independent data collection.

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Appraisal Appraisal Process 83

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.

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Real Estate Agent Real Estate Agents Appraisal 79

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?

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Inspection Appraisal Marketing Appraisal Process 78

Birmingham Appraisal

APRIL 11, 2023

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Today I’m going to share my top tips for choosing comps from an appraiser’s perspective.

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Realtors Bracketing Agents Buyers 88

Riverfront Appraisals

NOVEMBER 4, 2021

Welcome to the November edition of our blog series, The Loan Officer’s Guide to Appraisals. If you’ve been following our blog, you know that all year, I’ve been writing with the purpose of assisting loan officers to better understand the appraisal process.

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Appraisal Loan Officers Appraisal Process Housing Market 78

Riverfront Appraisals

MARCH 4, 2022

In this blog post, we’ll discuss the various methods for choosing comparable sales, just the way an appraiser does. The post Appraisal Blog The Realtor’s Guide to Appraisals, Part 3 How Appraisers Choose Comps appeared first on Riverfront Appraisals.

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Appraisal New Listings Appraisal Process Property Appraisal 123

Empire Appraisal Group

NOVEMBER 10, 2022

Why Appraisers Say ‘We Have Targets on Our Backs’ By: Melissa Dittmann Tracey. Source: Why Appraisers Say ‘We Have Targets on Our Backs’ (nar.realtor). How professionals are managing the biggest obstacles to the home valuation process. Top Appraisal Challenges.

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Appraisal Valuation Real Estate Appraisal Process 78