Valuation Modernization and Appraisers

Appraisal Buzz

Today’s Buzzcast interview is with Cristy Conolly, EVP of Valuation Modernization at Class Valuation. We sat down with Cristy and Joan Trice, Founder of Allterra Group, LLC, to discuss what’s currently happening in the appraisal industry and what we can expect in the future.

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. What is Collaborative Valuation?

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Valuation Visionary 2022 – Jeremy Staudenmaier

Appraisal Buzz

Today’s Buzzcast interview is with Jeremy Staudenmaier, 2022 Winner of the Valuation Visionary Award. We sat down with Jeremy and Joan Trice, Founder of Allterra Group, LLC to discuss what this award means to him and the impact within the appraisal industry this has.

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Class Valuation acquires AMC AppraisalTek

Housing Wire

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.

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A Log Home Valuation

Appraisal Buzz

It is no secret that log homes do not appraise well. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? The question is how are these homes being appraised?

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Appraiser-Controlled Desktop and Remote Valuations

Appraisal Buzz

Now that the GSEs have approved desktop valuations for purchase, appraisers need a way to collect trustworthy, verifiable data while also submitting floor plans on reports! Learn about all of the features in RemoteVal – a free inspection app for appraisers.

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What is a Valuation Model?

George Dell

A valuation model may not be a model valuation. The post What is a Valuation Model? Appraiser Bias Critical Thinking Evidence Based Valuation ModelingWhat happened with that sentence? It’s called “equivocation.” Something I learned about in my college English class.

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Is Valuation Basic? Part 1

George Dell

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? Appraiser Critical Thinking Market for Valuation

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The Value of Words in Valuation

Appraisal Buzz

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. Summary, What Does it Mean?

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Protected: Valuation Connect is Seeking Newly Licensed Appraisers

Appraisal Buzz

To view it please enter your password below: Password: The post Protected: Valuation Connect is Seeking Newly Licensed Appraisers appeared first on Appraisal Buzz. Career Buzz & Press Releases appraisal appraiser appraisers appraising Hiring now hiring valuation connect

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Protected: Class Valuation is Hiring Staff Appraisers

Appraisal Buzz

To view it please enter your password below: Password: The post Protected: Class Valuation is Hiring Staff Appraisers appeared first on Appraisal Buzz. Career Buzz & Press Releases appraisal appraisers appraising class valuation Hiring staff appraisers

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Racial and Ethnic Valuation Gaps

Appraisal Buzz

In today’s Buzzcast, we dive into the racial and ethnic gaps within the home purchase appraisal. How is this information beneficial to the future of appraising? Become an Appraisal Buzz Forum Member and comment below or email comments@appraisalbuzz.com.

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The Coronavirus Home Valuation Test

Appraisal Buzz

It quickly became apparent that the health risk would prevent professional fee appraisers from entering properties in order to inspect them for their appraisal reports. Without accurate collateral valuation, lenders could not properly underwrite new loans.

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Valuation tech special reports

Housing Wire

During the pandemic, many housing professionals saw firsthand how easy it is for the valuation process to be disrupted. With social distancing and lockdown orders, appraisers struggled to evaluate homes in a timely and effective manner.

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Class Valuation acquires another AMC

Housing Wire

Appraisal management company Class Valuation , a subsidiary of investment firm Gridiron Capital , acquired Kansas City, Missouri-based Pendo Management for an undisclosed sum. We are excited to welcome the Pendo team to the Class Valuation family,” Fraas said.

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Valuation Tech Solutions

Housing Wire

The appraisal process is complex and time-consuming. Lenders and appraisers need technology that will not only help them remain com-pliant, but also reduce turnaround times. Incenter Appraisal Management. The post Valuation Tech Solutions appeared first on HousingWire.

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Join Us for Valuation Expo September 7-9!

Appraisal Buzz

Valuation Expo will be hosted at the Mirage Hotel , September 7-9! You can also save up to 50% on your Expo pass when you become an Appraisal Buzz Premium Plus Member ! The post Join Us for Valuation Expo September 7-9! appeared first on Appraisal Buzz.

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Impact Valuation Group is Hiring

Appraisal Buzz

At Impact Valuation Group, we provide clients with reliable high-quality appraisal services in the shortest times possible, thus taking the worry and stress off the borrowers and lenders alike. We deliver high quality reports and offer a wide variety of appraisal products.

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Gridiron Capital acquires Class Valuation

Housing Wire

Private equity firm Gridiron Capital has acquired Michigan-based appraisal management company Class Valuation from another private equity player, Narrow Gauge Capital , the firms said in a statement on Friday.

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How do remote valuation solutions benefit appraisers?

Housing Wire

From having to manage high volumes to finding innovative ways to appraise homes while maintaining distance, it’s no secret appraisers faced challenges during the beginning of the coronavirus pandemic. RemoteVal, by Incenter, replicates the process an appraisal already does.

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Automated Valuation Models To Help Identify Home Appraisal Bias

Appraisal Buzz

According to a new study released today by Veros Real Estate Solutions (VEROS), Automated Valuation Models, or AVMs, may be the solution necessary to identify potential racial bias in home appraisals.

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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster.

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The Appraiser Diversity Initiative – What You Need to Know

Appraisal Buzz

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 can appraisers do to join the initiative?

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Race and the Property Valuation Industry

Appraisal Buzz

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!

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Class Valuation continues its acquisition spree

Housing Wire

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. appraisal space over the last two years.

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Freddie Mac Research Explores Causes for the Appraisal Valuation Gap for Homeowners in Minority Neighborhoods

Appraisal Buzz

Freddie Mac (OTCQB: FMCC) today released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households, resulting in an appraisal gap. MCLEAN, Va.

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The Valuation Expo Experience

Appraisal Buzz

Valuation Expo 2021 had an amazing turnout! Valuation Expo provided attendees endless opportunities to learn, network, and prosper. We got to speak to a few attendees and we asked them what their favorite part about Valuation Expo was and why they keep coming back every year.

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VA Alternative Valuation Methods

Appraisers Blog

On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with. Appraisers, an appraiser….

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Protected: George Paquette Joins SettlementOne Valuation as Chief Appraiser

Appraisal Buzz

To view it please enter your password below: Password: The post Protected: George Paquette Joins SettlementOne Valuation as Chief Appraiser appeared first on Appraisal Buzz. This content is password protected.

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Class Valuation acquires Metro-West, Valuation Link

Valuation Review

Class Valuation has acquired Metro-West and its subsidiary, Valuation Link. Metro-West is the largest independent residential appraisal firm in the nation. Read on for more details regarding this acquisition

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Still Using a Clipboard and a Tape Measure? Get an Inside Look at Tech-Enabled Valuation Solutions

Appraisal Buzz

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. My first hybrid appraisal was developed 13 years ago.

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Time for UVS (Universal Valuation Standards)?

George Dell

Appraisers have standards. Other valuation types are “waivered” or exempt. Appraisers have licenses. Other valuation types are “waivered” or exempt. The post Time for UVS (Universal Valuation Standards)? AVMs have no standards.

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CFPB weighs rulemaking on algorithmic bias in valuation models

Housing Wire

The Consumer Financial Protection Bureau (CFPB) announced Wednesday that it may propose a rule to regulate the use of automated valuation models (AVMs) by lenders and appraisers. Firms that develop automated valuation models have argued they might help to eradicate appraisal bias.

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Protected: The Future of CRE Cash Flow Modeling & Valuation Technology

Appraisal Buzz

To view it please enter your password below: Password: The post Protected: The Future of CRE Cash Flow Modeling & Valuation Technology appeared first on Appraisal Buzz. Career Buzz & Press Releases appraisal appraisal buzz appraiser appraisers appraising

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Incenter Appraisal Management and McKissock Learning Form Desktop Valuation Training Partnership

Appraisal Buzz

LOUIS — January 24, 2022 — With Fannie Mae and Freddie Mac accepting desktop appraisals beginning in March, Incenter Appraisal Management and McKissock Learning are partnering to help appraisers update their remote inspection skills in response. CHARLOTTE, N.C. and ST.

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Recap: Valuation Expo 2021

Appraisal Buzz

As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. Realtors and Property Appraisers? The post Recap: Valuation Expo 2021 appeared first on Appraisal Buzz.

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Tomo raises $40M Series A, hits $640M valuation

Housing Wire

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.

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Class Valuation Completes Verification Process for Freddie Mac’s ACE+ PDR Solution

Appraisal Buzz

Class Valuation reports that it has completed the verification process for Freddie Mac’s new ACE+ PDR (automated collateral valuation plus property data report) solution.

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Home Valuation Code of Conduct with Alfred Pollard

Appraisal Buzz

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.

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Statistics: Part of Modernized Valuation?

George Dell

Modernized Appraisal is a necessary part of coming lending regulation. The post Statistics: Part of Modernized Valuation? Critical Thinking Statistics Appraisal Modernization Series ModelingSome think old methods are just fine.

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