Housing Wire

APRIL 9, 2021

Canadian real estate technology company Voxtur Analytics Corp. 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.

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Housing Wire

MAY 16, 2024

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It can also help agents clearly communicate their unique value and services to homebuyers, sellers and others.

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Real Estate Agent Real Estate Brokerage Sellers 439

Housing Wire

MARCH 21, 2022

The fundraise more than doubles Tomo’s valuation to $640 million. million seed round for its Canadian real estate valuation platform. The post Tomo raises $40M Series A, hits $640M valuation appeared first on HousingWire. states by the end of the year. Startup HonestDoor also raised a $2.2

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Valuation Real Estate Agent Real Estate Investors 384

Housing Wire

NOVEMBER 9, 2023

CoreLogic announced on Thursday the launch of “ScanToSketch,” an augmented reality (AR)-based property measuring and sketching tool to create home appraisal reports. Developed using CoreLogic’s appraisal software brand “a la mode,” the tool has been used to complete roughly 20,000 property sketches.

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Tools Appraisal Real Estate Agent Technology 432

Appraisal Buzz

APRIL 22, 2024

Here’s the kicker: you’ve got to be a decent appraiser to even get a shot at bidding. There are many, many other ways to make a living as an appraiser (and even as an appraiser who mainly does lender work). I often see appraisers post potential bids on social media and say something like “Can you believe this crap?

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Appraisal Real Estate Agent Business Real Estate 358

Housing Wire

DECEMBER 28, 2020

The Federal Housing Finance Agency (FHFA) announced Monday it is requesting input on the appraisal policies, practices and processes of Fannie Mae and Freddie Mac, especially as it relates to the GSEs’ appraisal modernization efforts. Low mortgage rates fuel the demand for valuation and settlement services.

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Appraisal Modernization Valuation Appraisal Process 458

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. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

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Real Estate Agent Real Estate Agents Appraisal 79

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. Appraisers track such data.

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Appraisal Marketing Real Estate Inventory 370

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

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Business Appraisal Real Estate Agent Clients 393

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. Made to order.

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Appraisal Inspection Real Estate Agent Training 410

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.

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Real Estate Agent Real Estate Valuation Appraisal 370

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. It’s expected to achieve a valuation of $16.1 billion following the merger, the largest SPAC to date.

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Appraisal Real Estate Agent Inspection Valuation 446

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. She recently had a deal fall apart due to appraisal.

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Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

DECEMBER 30, 2020

Rodman Schley was selected to become the next president of the Appraisal Institute (AI) beginning Jan. 1, succeeding appraiser Jefferson Sherman, according to the trade organization. In 2002, he founded Commercial Valuation Consultants, Inc., He has also served as president of the group’s Colorado chapter.

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Appraisal Real Estate Agent Valuation Finance 322

DW Slater Company

FEBRUARY 13, 2024

Love in Real Estate I’m I wrote this blog – 4 Things I Love About Being a Real Estate Appraiser- 10 years ago! This May will complete my 18th year as a real estate appraiser as I switched from being an elementary school teacher to the field of appraising. Isn’t appraising boring?

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Real Estate Appraisal Valuation Real Estate Agent 146

Realtor

SEPTEMBER 13, 2023

-Oxford-/iStock The home-buying process is a high-stakes thrill ride full of exhilarating ups and scary downs, but unquestionably one of the most deflating moments is when the appraisal comes in significantly lower than the accepted offer. This is, to use technical real estate lingo, “a bummer.”

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Appraisal Sellers Real Estate Agent Valuation 193

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

NOVEMBER 12, 2021

A National Association of Realtors (NAR) committee head recommended Friday that the federal standards governing real estate appraisals loosen up. Namely, appraisers should no longer have to partake in a two-year apprentice program as part of their licensing process. Francois Gregoire, an appraiser in St.

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Real Estate Agent Real Estate Valuation Appraisal 384

Miller Samuel

OCTOBER 3, 2023

I documented my approach to its valuation back on May 5, 2010 on my Matrix blog , after years of getting calls from real estate agents asking how to value them, this post was born: [Terra Logic] Understanding The Value of Manhattan Apartment Outdoor Space. I love these guys.

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Real Estate Agent Valuation Real Estate Agents 195

Housing Wire

MAY 2, 2021

As many real estate professionals saw firsthand, the valuation process was disrupted by the coronavirus pandemic. With social distancing and lockdown orders, inspectors and agents struggled to determine a home’s value without being there in-person. Mark Walser, President of Appraisal Management.

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Inspection Appraisal Real Estate Agent Technology 370

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.

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Modernization Technology Real Estate Agent Valuation 370

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

Anastasia Corjan reached out to me a little over a year and a half ago to invite me to be an Appraisal Ambassador for them. In the following interview, she shares with us a little about CubiCasa, her journey there, and some tips on how appraisers can attract more non-lender work. This add-on is the most popular among appraisers.

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Marketing Real Estate Agent Real Estate Appraisal 300

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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Housing Market Buyers Marketing Real Estate Agent 534

Housing Wire

APRIL 21, 2021

The regulator is also advancing permanent changes to be made in the appraisal space. ” While some flexibilities are meeting their end, the FHFA said it will extend alternative appraisals on purchase and rate-term refinance loans out another month until May 31, 2021.

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Real Estate Agent Valuation Appraisal Modernization 397

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

Housing Wire

MARCH 19, 2021

Analysis of millions of pieces of disparate data informs nearly every decision made involving residential real estate. For real estate investors, homebuyers, appraisers, insurance companies, mortgage lenders and other financial institutions, a deep understanding of the risks associated with a property and a community is essential.

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Real Estate Agent Real Estate Insurance Investors 545

Appraisal Buzz

OCTOBER 25, 2021

HomeBinder reports that it has added new features and user interface (UI) improvements to its centralized home management platform that keeps homeowners connected with mortgage lenders, home inspectors, insurance providers, home pros, real estate agents, and other authorized professionals.

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Real Estate Agent Renovations Valuation Insurance 195

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. Real estate agents are typically the individuals who provide information in the MLS. For instance, say I am appraising a home with one thousand square feet of above grade living area.

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Agents Appraisal Renovations Development 374

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

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

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Appraisal Real Estate Real Estate Agent Contracts 76

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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Appraisal Inspection Real Estate Agent Training 68

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. nar.realtor).

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Appraisal Appraisal Process Legal Real Estate 78

Housing Wire

MAY 31, 2021

One of the most challenging aspects in a real estate transaction is the valuation process. Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery.

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Inspection Valuation Real Estate Real Estate Agent 221

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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Inspection Valuation Appraisal Technology 384

Cleveland Appraisal Blog

JUNE 30, 2023

I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. Here are some tips to help you transition to a new city and begin a new chapter in your life, shared below by Cleveland Appraisal Blog. To ensure suitability, research neighborhoods, read reviews, and consult locals or real estate agents.

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Real Estate Agent Appraisal Bracketing Decorating 241

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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Appraisal Inspection Property Taxes Easement 105

Cleveland Appraisal Blog

FEBRUARY 7, 2023

It’s common practice for floor plans that aren’t used in appraisals to be drawn to scale using only internal dimensions, but by using outside measurements, we can account for more space. Based on the assessor’s square footage of 1,500 square feet, the listing agent promotes the property for $125 per square foot.

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Real Estate Agent Property Taxes Real Estate Appraisal 289