Housing Wire

AUGUST 3, 2022

National appraisal management company Class Valuation is extending its reach, with the acquisition of yet another appraisal management company. Class Valuation said it would bring on AppraisalTek’s 75 full-time employees. The acquisition is Class Valuation’s fifth in recent years.

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Appraisal Buzz

NOVEMBER 10, 2021

In today’s Buzzcast, we dive into the racial and ethnic gaps within the home purchase appraisal. Today we have Jim Morrison, VP of Marketing and Sales for Allterra Group, Scott Reuter, Chief Appraiser and Director of Valuation of Freddie Mac, and Vivian Li, Senior Manager of Quantitative Analytics of Freddie Mac.

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Appraisal Buzz

AUGUST 30, 2021

In today’s Buzzcast, we dive into the Business-Building Workshop, “Marketing through Social Media” being held at Valuation Expo on September 8th. Today we have Blaine Feyen, Owner of Feyen Appraisals, with Joan Trice, Founder of Allterra Group, LLC. What are some examples of what not to do on social media?

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Appraisal Buzz

OCTOBER 3, 2022

What should appraisers know before they sign the appraisal report and deliver their professional opinion of value? Many appraisers working in today’s marketplaces are about to find out how important this is. This is important information for appraisers, though it may not appear so at first. Pretty much everything.

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Housing Wire

FEBRUARY 1, 2022

Class Valuation , one of the largest appraisal management companies in America, just made another acquisition. The AMC announced late last week that it has acquired fellow Detroit-based AMC Metro-West and its subsidiary Valuation Link. I am incredibly proud of Valuation Link and Metro-West and all we’ve accomplished. “I

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Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire: What’s the biggest pain point appraisers are currently facing?

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Appraisal Buzz

DECEMBER 20, 2021

Federal regulators require banks to prepare documentation that fully explores their response to potential market forces that could put stress on their institutions or the broader economic system. Without accurate collateral valuation, lenders could not properly underwrite new loans. The impact on the appraisal business lasted all year.

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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. SW: How is Class Valuation leveraging AI? SW: How is technology changing appraisals?

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George Dell

APRIL 7, 2021

Basic sequence of valuation is basic: identify problem, gather the “comparable” data, adjust, and report. The Market for Valuation Series, Part 1 How about AVMs? Automated Valuation Models). The post Is Valuation Basic? Part 1 appeared first on George Dell, SRA, MAI, ASA, CRE.

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Housing Wire

NOVEMBER 30, 2023

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. Kenon Chen: The challenge that’s in front of everyone continues to be the market itself, and then housing affordability.

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Housing Wire

AUGUST 4, 2022

The parent company of appraisal software firm Veros Real Estate Solutions has acquired California-based appraisal management company Valligent Technologies. Valligent, founded in 2003 and led by Jeremy McCarty and Jeff Wickham, provides traditional, desktop and hybrid appraisal services to lenders, credit unions and others.

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Housing Wire

MARCH 1, 2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. “We

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Appraisal Buzz

MAY 31, 2021

A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home. Only the wife was at home to greet the appraiser when they arrived to inspect her home. When the couple received the final appraisal report of their home’s value, they were shocked! Beyond the Headlines: Residential Appraisal Review.

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Appraisal Buzz

OCTOBER 12, 2022

Today’s Buzzcast interview is Choudhry Muzaffar, Principal Owner of Collateral Valuation Services. We sat down with Choudhry and Jim Morrison, VP of Marketing and Sales for Allterra Group, LLC, to discuss how the valuation process is done in the Middle East. How are areas separated for appraisers in Saudi Arabia?

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Housing Wire

OCTOBER 15, 2020

StreetEasy , a real estate platform for buying, selling, and renting homes across New York City and New Jersey, has launched StreetEasy Valuation, an AI-powered home valuation tool. In March, realtor.com launched its own automated valuation model, called MyHome, which appears on for-sale and off-market listings on the site.

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Housing Wire

AUGUST 28, 2023

In a shrinking mortgage market, fee pressures are the main challenge for appraisers, according to a new survey from the National Association of Realtors. In 2023, nearly half of appraisers surveyed said fee pressure was their biggest challenge, up 20 percentage points since last year.

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Appraisal Buzz

OCTOBER 12, 2022

Today’s Buzzcast interview is Choudhry Muzaffar, Principal Owner of Collateral Valuation Services. We sat down with Choudhry and Jim Morrison, VP of Marketing and Sales for Allterra Group, LLC, to discuss how the valuation process is done in the Middle East. How are areas separated for appraisers in Saudi Arabia?

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Housing Wire

MAY 2, 2022

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. Presented by: Class Valuation.

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Appraiserblogs

APRIL 9, 2024

Based on the local market appraisal fee, Valuation Connect values the “appraisal expertise” component of a hybrid appraisal at 18% of what the consumer pays for an appraisal. for a whopping $220 (sarcastically). for a whopping $220 (sarcastically). They plan to have an unlicensed inspector walk into a.

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Housing Wire

APRIL 6, 2023

The Federal Housing Finance Agency (FHFA) will host the Appraisal Subcommittee (ASC) in May for its second public hearing on appraisal bias. At the first ASC hearing in January, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra took aim at the dysfunctional regulatory system that governs the appraisal industry. “I

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Housing Wire

MAY 2, 2021

With an increased demand for appraisals across the country, the need for efficiency during the appraisal process is greater than ever. Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states.

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Housing Wire

OCTOBER 1, 2022

If discrimination is committed by appraisers – as the news headlines would suggest – fellow appraisers and real estate agents say they rarely witness or experience it. Another issue with appraiser competency could be appraisers’ apparent lack of familiarity with valuation tools.

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Housing Wire

SEPTEMBER 9, 2021

United Wholesale Mortgage (UWM) announced today that it will no longer require its brokers to use appraisal management companies to complete appraisals. During a Facebook Live address, Ishbia proclaimed that while AMCs add value to the industry, appraisals have been a stumbling block for the mortgage industry.

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Housing Wire

OCTOBER 22, 2020

Stewart Appraisal Management , a subsidiary of Stewart Information Services Corp., announced on Thursday it acquired valuation services company Pro Teck Valuation Intelligence. Stewart is looking to strengthen and expand its scale in the appraisal and valuation solutions space.

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Housing Wire

JUNE 1, 2023

We’ve heard a main goal for you this year is growing your market share, but fair warning, it’s not going to happen without some serious intentionality and strategizing. At HousingWire Annual this year, Jon Lyons , executive vice president of marketing at Class Valuation , is joining our speaker line-up.

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Appraisal Buzz

AUGUST 3, 2022

Today’s Buzzcast interview is with Todd Rasmussen, President and Chief Operating Officer of Equity Valuation Partners. We sat down with Todd and Joan Trice, Founder of Allterra Group, LLC, to discuss what appraisers need to know about the current market, quality control, and new technology. Email comments@appraisalbuzz.com. ?.

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Appraisal Buzz

DECEMBER 6, 2021

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. According to the Appraiser Institute , more than 10,000 appraisers have left the industry since 2013. AMCs Driving Tech Innovation .

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Housing Wire

MAY 13, 2021

As anyone involved in the residential real-estate market knows, bidding wars – and contract prices exceeding the list price – are the norm today in many markets around the nation. Sheridan’s listing appraised at the contract price, and the deal went through without a hitch.

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Sacramento Appraisal Blog

AUGUST 2, 2023

Sellers have been sitting, and it’s been a game-changer for the housing market in 2023. It’s also made valuations more difficult. Today I want to share some stats and talk about appraising in today’s market. Scroll by topic or digest slowly.

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Appraisal Buzz

JUNE 23, 2021

In today’s Buzzcast, we dive into the Home Valuation Code of Conduct, where it began, and how it’s viewed today in the industry. What exactly was the Home Valuation Code of Conduct? Become an Appraisal Buzz Premium Member and comment below or email comments@appraisalbuzz.com. How has this changed and improved?

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Housing Wire

APRIL 9, 2021

closed on the acquisition of appraisal management software firm Appraisal Now for approximately $30.5 Appraisal Now, better known as “ Anow ,” makes an automated appraisal workflow management platform for the global appraisal market. Canadian real estate technology company Voxtur Analytics Corp.

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Appraisal Buzz

AUGUST 10, 2022

Today’s Buzzcast interview is with Loren Cooke, President of Solidifi, and Scott Reuter, Chief Appraiser of Freddie Mac. What is the Appraiser Diversity Initiative? What is the Appraiser Diversity Initiative? What can appraisers do to join the initiative? What is the best way to attract new entrants into the industry?

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Appraisal Hub

DECEMBER 20, 2023

In the bustling city of Toronto, the real estate market is as dynamic as it is diverse. This is where the expertise of a real estate appraiser becomes invaluable. The Role of a Real Estate Appraiser in Toronto A real estate appraiser is more than just a professional who determines the value of a property.

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Appraisal Buzz

SEPTEMBER 20, 2021

As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. It’s an incredible forum for learning, networking, and gleaning insights and forecasts on the future of the real estate market. Realtors and Property Appraisers?

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Housing Wire

JUNE 6, 2023

Nationwide Property & Appraisal Services LLC (NPAS), a pioneer in the real estate appraisal sector, announced on Tuesday the launch of its product line, Pinnacle Desktop Appraisals. By separating the data collection and valuation processes, potential bias is eliminated, ensuring that homeowners and appraisers never meet.

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Housing Wire

JANUARY 23, 2024

a provider of property data and valuation technology solutions. With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said.

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Cleveland Appraisal Blog

MAY 26, 2023

Most weeks I perform appraisals for divorce or a marriage dissolution. In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. But then they had to hire me to perform an appraisal. That’s right!

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