The Robert Weiler Company

SEPTEMBER 30, 2020

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media! Grant Applications.

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

McKissock

SEPTEMBER 15, 2020

When it comes to appraisal violations , certain minor violations are very common. I have compiled these based on many years of personal experience in appraisal regulation, as well as feedback I have received from other states’ enforcement agencies. Failure to analyze the three-year sales history of the subject property is also common.

Appraisal 52

Appraisal Property Appraisal Real Property Law 52

McKissock

MAY 18, 2021

There are numerous items to consider when deciding whether to accept or complete a hybrid or bifurcated appraisal assignment. Here, we explain four key disclosures and disclaimers to consider including in a hybrid appraisal report. The scope of work must disclose the extent the property was inspected. Scope of work disclosure.

Appraisal 63

Appraisal Inspection Clients Real Property 63

McKissock

JULY 24, 2020

Disciplinary complaints against appraisers have become more frequent over the last several years. Of course, not all appraisal complaints result in disciplinary action. In many states, the same administrative procedures are used for all professions, and the disciplinary process is governed by state law.

Appraisal 53

Appraisal Law Government Real Estate Agent 53

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 80

Appraisal Agents Real Estate Real Estate Agent 80

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” That’s the real reason why—because USPAP says so. When should we analyze the contract?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

McKissock

AUGUST 11, 2020

As a professional appraiser, you don’t want to have a disciplinary complaint filed against you, and you certainly don’t want to be the subject of a complaint that results in disciplinary action. Here are several do’s and don’ts to help you avoid situations that may get you into trouble as a real estate appraiser.

Appraisal 64

Appraisal Clients Real Estate Law 64

Housing Wire

NOVEMBER 30, 2023

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced.

Real Estate 404

Real Estate Realtors Real Estate Agent Law 404

DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st. With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. Advisory Opinion 16.

Appraisal 141

Appraisal Inspection Property Appraisal Law 141

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

The Robert Weiler Company

OCTOBER 15, 2021

Fundamentally, the cap rate is the relationship between the property’s net income with the property’s purchase price. For CRE investors, the cap rate is a way to determine the property’s ROI potential. Commercial real estate appraisers will tell you that cap rates do not signify value. A recent change by the U.S.

Investing 138

Investing Real Estate Tenants Investors 138

DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st. With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. What changed?

Appraisal 78

Appraisal Inspection Property Appraisal Law 78

DataMaster

MARCH 17, 2021

Real estate transactions should be bias-free. As most appraisers know, the Appraisal Foundation issued an exposure draft of a complete revision of Advisory Opinion 16 on March 1st. With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. Advisory Opinion 16.

Appraisal 78

Appraisal Inspection Property Appraisal Law 78

McKissock

JUNE 21, 2022

The subdivision developer, builder, sales staff, surveyors, appraisers, brokers, as well as attorneys from all sides eventually were involved. Appraisers should be careful not to double adjust for the water frontage and for lot size. Appraisal Certification: Interested in luxury appraisals? Water rights play a major role.

Appraisal 88

Appraisal Investors Legal Development 88

Town & Country Residential Appraisals

JULY 25, 2022

Well, in our profession, APPRAISERS HAVE TRAINEES. Real estate appraiser requirements have significantly advanced over the past few decades with increasing educational requirements and a few revisions to the experience process.

Real Estate 58

Real Estate Training Appraisal Appraisal Process 58

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. What do short-term rentals mean for appraisers? Lenders and clients will be looking for an appraisal to secure a loan on the STR.

Appraisal 148

Appraisal Tenants Investors Business 148

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals.

Valuation 360

Valuation Contracts Appraisal Legal 360

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. What do short-term rentals mean for appraisers? Lenders and clients will be looking for an appraisal to secure a loan on the STR.

Appraisal 78

Appraisal Tenants Investors Business 78

McKissock

DECEMBER 27, 2022

With 2023 just around the corner —and a good deal of uncertainty in the air—we wanted to find out where real estate appraisers plan to focus their efforts and what goals they hope to achieve next year. So, we asked members of our appraisal community, “What is your top professional goal for 2023?” Here’s what they said.

Appraisal 83

Appraisal Business Design Real Estate 83

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” That’s the real reason why—because USPAP says so.

Contracts 52

Contracts Appraisal HOA Architecture 52

The Robert Weiler Company

JANUARY 2, 2021

As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. Additionally, a thorough inspection, land appraisal (as well as an appraisal of property, if applicable), and financial and credit history review should be performed on both sides.

Contracts 143

Contracts Tenants Legal Sellers 143

Simonson Real Estate

SEPTEMBER 25, 2020

Since the onset of COVID, market data remains sparse for certain property types. Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE).

Valuation 130

Valuation Appraisal Marketing Real Estate 130

Simonson Real Estate

JUNE 22, 2020

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Mitchell Simonson , Founder, Simonson Appraisals.

Valuation 146

Valuation Real Estate Appraisal Retail 146

Housing Wire

NOVEMBER 30, 2023

Features Lessons by Topics Outlined in Candidate Handbook, Real-time Dashboards, Dynamic Practice Exams & Review of Results. Post-license CE $209 20-Hour Post-Licensing Course: Covers Current Laws, Steps to Business Success & Fiduciary Duties. Athens Campus location. Meeting times will be arranged by the instructor.

Real Estate 394

Real Estate Real Estate Agent Law Inspection 394

Appraisal Today

JUNE 24, 2022

Appraisals and Water Frontage. With many water fronting properties, the topics of “riparian and/or littoral rights” (and the “prior appropriation doctrine” in the western states) come into play, along with several other issues. Among the rights that come with real property ownership is the right to exclude others.

Appraisal 52

Appraisal Contracts Mortgage Real Estate 52

Appraiserblogs

JUNE 22, 2021

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages. On January 4, 2021, the… The post Racial Bias in Real Estate: Is it the Appraisers’ Fault?

Real Estate 178

Real Estate Appraisal Valuation Training 178

East Coast Appraisal

OCTOBER 18, 2021

A home appraisal is vital when you want to sell your house. As the seller, you likely want a real estate appraiser who will provide an impartial opinion based on your current home's condition and the prices of other properties in your location. So how do you choose the right home appraiser? Qualifications.

Appraisal 52

Appraisal Property Appraisal Real Estate Valuation 52

Appraisal Today

SEPTEMBER 9, 2022

Appraisers are still required to comply with USPAP when responding to an ROV request, including the confidential nature of assignment results. My comments : ROVs are a PITA for many appraisers. Greg Stephens is a very experienced appraiser and reviewer. Reconsideration of Appraised Value. Appraisal Business Tips .

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

The Robert Weiler Company

SEPTEMBER 7, 2022

Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! Partnering with a commercial real estate firm will streamline your efforts.

Investing 78

Investing Business Real Estate Buyers 78