Appraisal Hub

JANUARY 3, 2023

The number of businesses in Canada’s real estate appraisal industry has expanded by 2.1% If you are interested in becoming a real estate appraiser in Toronto, here are the basics you need to know. What Does an Appraiser Do? How Do I Become a Real Estate Appraiser?

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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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Housing Wire

JUNE 9, 2021

As the appraisal industry struggles to meet demand, Voxtur has developed a solution to streamline the process. HousingWire: What can the industry at large do to support the work of appraisers right now? HousingWire: What can the industry at large do to support the work of appraisers right now? This is misguided.

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Appraisal Property Taxes Technology Valuation 391

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. Below are are several key points from my presentation titled Navigating the Appraisal Process that’s been presented several times to the U.S. Defining the Appraisal Scope of Work.

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Appraisal Buzz

MARCH 25, 2024

I recently got curious about the word ‘analysis’ As an appraiser, I use this word frequently. I found the etymology of this word, as well as its antonym, very helpful in conceptualizing what appraisal analysis really is. Of course, this applies to the work of real estate appraisal as well.

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Sellers Appraisal Real Estate Buyers 379

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!

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Appraiserblogs

FEBRUARY 21, 2022

As Real Estate Appraisers, we are encountering an assault on our profession from the GSE’s with the hybrid appraisal reports, the rollout of the new desktop product and with appraisal waivers. As appraisers, we need. Related Posts: Are You a Hybrid Appraiser? That’s the million dollar question.

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Appraisal Real Estate Valuation Real Property 133

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value?

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Appraisal Market Value Legal Property Appraisal 354

Cleveland Appraisal Blog

NOVEMBER 11, 2021

For years, Zillow Zesimates have been zinged by real estate professionals for creating angst in the market by their unsupportable value estimates. However, I believe that they’ve put too much value in their “values” Valuation is not their expertise. VALUATION IS NOT EASY OR SIMPLE.

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Market Value Valuation Appraisal Real Estate 364

McKissock

MAY 26, 2023

How can you bolster your appraisal business during a slow real estate market? This month we asked our appraisal community, “What’s the BEST way to survive a slow market as an appraiser?” What’s the BEST way to survive a slow real estate market? Want to share your opinion?

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Cleveland Appraisal Blog

MAY 17, 2024

This post from Aspen Appraisal Services will provide all of the information you need to start planning your home renovation. For a highly experienced State Certified Residential Real Estate Appraiser, contact Aspen Appraisal Services today! This will be the last guest post for the Cleveland Appraisal Blog.

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Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What is an Appraisal ? Defining the Appraisal Scope of Work.

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Cleveland Appraisal Blog

MAY 9, 2024

One more visual reflecting the total monthly listings vs. total monthly sales for single-family properties in Cuyahoga County. TRENDS ON SOME MORE LOCALIZED AREAS IN CUYAHOGA COUNTY Since I have to analyze the market for every property I appraise, you might be interested in some more localized areas. Here are a few for you.

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Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. There is a bright spot, however.

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MN Real Estate Services

FEBRUARY 4, 2017

When Emotions Are Raw, and Trust Is Low, You Need a Real Estate Appraisal That Could Stand Up In Court If It Had To. Your client is going through divorce and there is real property involved. If you need a real estate appraiser in Minnesota , you will not do better than Clarke Goset and his crew.

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McKissock

MAY 14, 2023

Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g.,

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Simonson Real Estate

SEPTEMBER 16, 2021

So, you are getting ready to request an appraisal on a potential commercial property deal but have a few questions before you decide on what appraisal company to use. We’ve compiled the top six most frequently asked questions about our industry and appraisal reports so that you can navigate the appraisal world with ease.

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McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.

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McKissock

JANUARY 4, 2022

You know there are good reasons to upgrade your appraisal license —including making more money —but you might be unsure of how to go about it. Depending on your state and the license level you wish to attain, the exact steps for how to upgrade your appraisal license will vary slightly. Real estate appraiser qualification criteria.

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Appraisal Real Estate Agent Development Valuation 93

McKissock

AUGUST 4, 2022

Disciplinary complaints are a hot topic these days with appraisers. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, complaints against appraisers are becoming more and more common. Interested in going to Valuation Expo this year?

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Appraisal Valuation Real Estate Property Appraisal 60

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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Cleveland Appraisal Blog

JANUARY 19, 2023

Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. ” Clearly, when valuing a property, appraisers must consider what the typical buyer expects a home to offer in terms of amenities and characteristics.

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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.

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Simonson Real Estate

JUNE 16, 2021

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate. Again, greater transparency leads to more accuracy. Regards, Mitchell Simonson, MAI.

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Appraisal Real Estate Appraisal Process Real Property 78

Empire Appraisal Group

JULY 28, 2022

ANSI Square Footage Standards: What Agents and Appraisers Should Know. Source: ANSI Square Footage Standards: What Agents and Appraisers Should Know | Realtor Magazine. Key takeaways: As of April 1, Fannie Mae began requiring the ANSI home measurement standard for appraisals of single-family homes. by Craig Morley.

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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.

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Boston Appraisal

MAY 27, 2019

Not only are they grieving, but they must also take care of the legal obligations and paperwork necessary to settle the deceased’s estate. And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. What Is an Estate Appraisal?

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Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. Appraisers are an integral part of the real estate sales process. Interacting With an Appraiser at a Property. Don’t tell the appraiser your client needs a certain value, for example.

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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.

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McKissock

JUNE 22, 2021

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career.

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Reconsideration of Value Appraisal Real Estate Retail 52

McKissock

SEPTEMBER 10, 2020

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.” Intangibles.

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McKissock

AUGUST 21, 2020

In any real estate appraisal assignment, you must use one of the two written report options outlined in USPAP: Appraisal Report or Restricted Appraisal Report. A diligent appraiser can utilize the Restricted Appraisal Report option when it makes good sense for the assignment and client.

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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. Questions we should ask ourselves.

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Real Quantum

NOVEMBER 24, 2020

4 Ways to Motivate Your Commercial Appraisal Team. I t is no easy task to motivate your commercial appraisal team and keep their morale high during a pandemic, the holidays and Q4. The appraisers that work for you are the future of the business and the profession. However, it should be a priority. Here’s how: 1.

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Boston Appraisal

JUNE 24, 2019

As a result, the real estate industry is progressively adopting ecology-minded trends, resulting in the gradual emergence of green buildings (both commercial and residential) across the country. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Property Metrics

MAY 28, 2021

One of the unique challenges of commercial real estate investment is that markets, types of property , return expectations, and physical environments are in a constant state of change. The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of.

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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.

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