Smart Inspections
The Appraiser Coach
JULY 19, 2022
This woman said that she has been using an iPad for years to do her mobile inspections, but had heard. I was recently contacted by an individual with a question. Read More.
Appraisal Business Inspection Real Estate Agent 
Are borrower-assisted inspections here to stay?
Housing Wire
NOVEMBER 18, 2020
HousingWire recently spoke with CoreLogic’s Chief Appraiser Shawn Telford about re-examining traditional appraisal workflows in light of the changes brought on by COVID-19. HousingWire: What changes have appraisers had to make to their workflows in light of social distancing and other COVID-related concerns?
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Trending Sources
Class Valuation’s CIO on solving the appraisal conundrum
Housing Wire
NOVEMBER 22, 2023
Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. Everybody is affected by the appraisal process. SW: How is technology changing appraisals?
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Your Business is Your Business
The Appraiser Coach
JANUARY 9, 2024
I had a model that I had found to be successful for me, and I was ready to share it with the world. It didn’t take me long to learn, however, that not everyone runs their business the same way. In fact, not everyone wants to run their business the same way you do. Not everyone has the same business model.
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Top 10 Things Appraisers Wish Real Estate Agents Understood
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! ” “It’s a lot more than just pulling comps!”
Agents, Don’t Skip the Appraisal
The Appraiser Coach
SEPTEMBER 14, 2021
Appraisers have been accused of being “speed bumps” in the lending process. We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. In some ways, I can understand their. Read More.
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Inside Fairway’s bold plan to boost reverse purchase business
Housing Wire
MARCH 11, 2022
Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. And so, they know the local real estate agents. of all endorsements in 2021.
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Saving Photos as an Appraiser
The Appraiser Coach
MAY 18, 2021
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.
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Can You Be an Appraiser and an Agent at the Same Time?
The Appraiser Coach
APRIL 27, 2021
It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent. The answer is yes, but there. Read More.
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The Undercover Appraiser
The Appraiser Coach
MARCH 19, 2024
As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there. To get the mix just right, you need a little bit of both.
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Your Best Friend as an Appraiser
The Appraiser Coach
MARCH 12, 2021
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.
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UWM will partially refund borrowers for late appraisals
Housing Wire
JANUARY 13, 2021
United Wholesale Mortgage ( UWM ) unveiled a new policy this week, telling brokers that appraisals will be completed within 10 business days or they’ll refund 50% of the appraisal cost back to the customer. Are borrower-assisted inspections here to stay?
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Fannie Mae approves six vendors for controversial new valuation initiative
Housing Wire
MARCH 10, 2023
Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.”
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“I do Non-Lender Work…” is the New CrossFit
Appraisal Buzz
SEPTEMBER 27, 2021
You can hardly post anything on an appraisal forum or social media without the first 17 comments stating, “I do non-lender work.” Expanding your appraisal practice through non-lender work can lead to many benefits including increased revenue as well as greater independence and efficiency.
Top 10 ways to get homebuyers to work with you
Housing Wire
DECEMBER 8, 2023
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. Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through.
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Dear Appraisers, Why do You Care about Your Competition’s Fees
The Appraiser Coach
JULY 20, 2021
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.
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Why Are People So Complicated?
The Appraiser Coach
DECEMBER 5, 2023
I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. To make a long story short, this man felt like the first appraisal had come in lower than it should have. Real-estate agents, homeowners, appraisers – we’re all human.
Real Estate Agents Divulge Their Goals For 2021
McKissock
JANUARY 5, 2021
Real Estate Career Goals For 2021. ” A lot of real estate agents stated that they wanted to “earn more” in the new year than they did in the previous year. “To full-time draftsman to full-time real estate agent/investor by the end of 2021.”
Rocket Mortgage strikes big advertising deal with Realtor.com
Housing Wire
OCTOBER 1, 2020
” Neither Rocket nor Realtor.com disclosed how much money the advertising program was worth, but both noted they had a lengthy business relationship. On Realtor.com’s end, buyers that are connected to agents through Realtor.com’s platform, called ReadyConnect Concierge , will also be able to receive a pre-approval for a mortgage.
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Are You Saying No to Future Business?
The Appraiser Coach
JANUARY 10, 2023
I’ve begun to notice that retirement is starting to creep up on me a little bit, and I’m starting to wonder if I’m really ready. I recently decided to get. Read More.
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Why Buyers Shouldn't Waive Inspection Contingencies
Eppraisal
OCTOBER 26, 2021
Some are waiving appraisals and others are even offering to waive inspection contingencies. Inspection Contingencies Defined When buyers and sellers agree on all the terms of a real estate contract, it is signed and delivered to all parties. Some buyers like to have the roofs inspected by roofing companies.
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Opinion: The time is right for origination modernization
Housing Wire
FEBRUARY 21, 2023
The industry is buzzing with conversations around appraisal modernization — for good reason. Appraisal modernization reduces origination cycle time, bolsters appraiser capacity and helps lenders deliver a more seamless and transparent borrower experience. Origination modernization can give them the edge.
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How To Appraise Rural Properties
Appraisal Today
MARCH 15, 2024
How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Whether you’re a seasoned appraiser or new to the field, having a better understanding of rural properties is essential for providing credible appraisals. Well written.
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Rental Schedules Without an Appraisal?
The Appraiser Coach
DECEMBER 14, 2021
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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Navigating the Slow-Down
Appraisal Buzz
MARCH 26, 2024
In a recent reflection on my appraisal business, I want to share an inspiring story about a fellow appraiser who defied market challenges and achieved remarkable success. This individual, relatively new to running their own appraisal business, exemplifies the power of dedication and strategic learning.
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Black Knight’s REvolution suite helps streamline a time-consuming process
Housing Wire
MAY 31, 2021
Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. Using SCOUT, homeowners, inspectors, real estate agents and appraisers can collect property data on a mobile device.
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NAR Member Survey on Appraisal Data Collectors
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. Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. To me, the big issue is who is doing the inspections.
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The One Business Skill Every Appraiser Needs to Master
McKissock
OCTOBER 9, 2020
We recently asked our appraisal community, “What ONE business skill does every appraiser need to master?” ” According to real-life appraisers, several business skills are important. But time management, in particular, is essential for building a successful career in real estate appraisal.
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Working with buyers in the nation’s hottest housing market
Housing Wire
APRIL 13, 2021
Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2
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How Pueblo, Colorado became a hot housing market
Housing Wire
MARCH 18, 2021
. “Buyers are moving outside of Colorado Springs — and in some cases out of Colorado completely — to get away from the increased traffic, busy restaurants and sometimes even the weather, but mostly due to the rocketing costs of housing, including rent,” said Scott Sanchez, a Colorado Springs Keller Williams real estate agent.
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Copacabana? No Silly, It’s Cubicasa!
Cleveland Appraisal Blog
MAY 12, 2022
Then I began to see their videos as well as videos of fellow appraisers who have posted things about this service. I am a huge fan of using technology when appraising properties. And I remember the first time I started using a digital camera instead of a 35mm camera to take pictures during my inspections. Remember them?
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How to negotiate your home purchase offer
Housing Wire
APRIL 8, 2021
Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. When it comes to using this third negotiating tool, Bryher said appraisal gaps must be considered carefully.
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How to get a real estate license in Ohio (OH) in 5 steps
Housing Wire
NOVEMBER 30, 2023
Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?
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Help your Borrowers Navigate Recent Home Appraisal Trends
Genworth MI Blog
JULY 13, 2023
Prospective borrowers, especially first-time homebuyers, need to be ready for what they’ll encounter during the homebuying process, including home appraisals. This is true for appraisals, too. Recent trends are surfacing, and more instances of hybrid appraisals are changing how appraisals are conducted.
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How Much Should a New Real Estate Appraiser Charge?
The Appraiser Coach
MARCH 30, 2021
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. Read More.
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One Step Closer to Owning a Business
The Appraiser Coach
AUGUST 1, 2023
One day while I was at the local state fair, I saw a one-man band walking by. As I watched him walk by toting drums, a harmonica, Read More
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The Best Idea for IT Support for Your Appraisal Office
The Appraiser Coach
SEPTEMBER 7, 2021
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.
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Taking Your Business to Soaring New Heights
The Appraiser Coach
DECEMBER 27, 2022
I love my coaching. There’s just something about helping other people succeed that brings me a lot of joy! Something that comes up a lot during my coaching interviews with. Read More.
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Drones for Real Estate Photography and Appraisals
D Fritz Appraisals
JANUARY 8, 2022
The Rise of Drones in the Canadian Real Estate Industry. Using drones for real estate photography is a topic that drew a lot of chatter in the early 2010’s as a hotly debated topic among real estate agents. What is Drone Photography? What About Satellite Imagery?
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Time Is Money – So Use It Wisely
The Appraiser Coach
MARCH 12, 2024
I believe that we need to keep this in the forefront of our minds as business owners. If that’s true, then as business owners we should spend our time on those activities that will help us make more of it. You also need to get some time in working on your business, and not just in it. This term is “opportunity cost.”
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Appraising Real Estate During a Pandemic
Robinson Appraisal Group
DECEMBER 15, 2020
Along with the rest of the world appraisers have had to adapt to all things Covid. Appraisers from the beginning of our national lock down were considered essential to continue the momentum of an economy that looked to be headed toward very unstable ground with the shock of the unprecedented closings and shut downs.
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Change: Threat, or Opportunity?
The Appraiser Coach
MARCH 5, 2024
That’s partly because so much change has happened just during my time as an appraiser. I’ve seen the advent of laser measuring, electronic forms, and most recently, remote appraisals. I had the opportunity to talk with a coaching client about an opportunity that came up for her to act as a staff appraiser.
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Apps for Appraisers
Appraisal Today
AUGUST 18, 2023
7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.
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Fannie Files Complaint Against Appraiser
Appraisal Today
OCTOBER 20, 2023
Fannie Mae Filed a Complaint Against Me October 18, 2023 Excerpts: In June of 2021, I completed an appraisal for a conventional purchase. The appraisal was ordered by an AMC on behalf of a lender. At that time, the real estate market was still being wildly affected by the COVID pandemic. The inspection was uneventful.
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