McKissock

JULY 20, 2021

The licensing laws and regulations for home inspectors do not permit them to develop opinions of property value like appraisers do. A home inspector might estimate the cost of certain repairs, but value opinions are left to the appraiser. You were hired to complete an appraisal.

Inspection 105

Inspection Appraisal Construction Clients 105

McKissock

MAY 18, 2021

While the appraiser has broad flexibility in the level of detail and manner of disclosing the scope of work in the appraisal report, there must be sufficient information contained in the report for the client and other intended users that rely on the assignment results to understand the scope of work performed.

Appraisal 63

Appraisal Inspection Clients Real Property 63

Boston Appraisal

APRIL 18, 2024

Mixed-use developments, which integrate residential, commercial, and sometimes industrial components within a single project, represent a modern approach to urban planning. However, appraising such complex properties presents unique challenges and opportunities for real estate professionals.

Development 78

Development Appraisal Valuation Retail 78

McKissock

DECEMBER 4, 2020

Developing an appraisal specialty is a great way to grow your business and stay competitive in the industry. Last month we asked our appraisal community, “What new appraisal specialty or niche would you like to break into?” The top three answers were review appraisal, commercial appraisal, and green home appraisal.

Appraisal 66

Appraisal Property Appraisal Valuation Luxury Properties 66

Housing Wire

OCTOBER 10, 2023

It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. Successful agents create effective and accurate CMA reports that help their clients make informed decisions. Sellers would be able to carefully review comparable properties on the market as well as those that have successfully closed.

Marketing 384

Marketing Real Estate Agent Clients Tools 384

McKissock

AUGUST 11, 2020

Imagine if you don’t have a good workfile, and a complaint is filed, and you retrieve the workfile and take a look at it and think, “What was I doing when I did this appraisal? There should be enough information in your workfile so that you know exactly what you were thinking when you developed and reported that opinion of value.

Appraisal 64

Appraisal Clients Real Estate Law 64

McKissock

AUGUST 13, 2021

And although it shouldn’t, it may unintentionally influence the appraiser’s comparable selection and eventually impact a direction in value. Maybe looking at the sales contract only after developing the appraiser’s opinion of value would help avoid the above concern? Written by Steven W. Vehmeier.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. After graduation he worked for USAA in Real Estate Development. George founded Columbia Institute and was its president, from 1992 to 2018 , a school for continuing education of Real Estate Appraisers. McKissock Survey.

Appraisal 83

Appraisal Agents Real Estate Real Estate Agent 83

McKissock

NOVEMBER 3, 2020

Then you can bring on new clients; you’ll have sufficient staff for higher-volume periods—and, while you’re training the new people, you’re revisiting the basics and refreshing your own skills. A: The standard model for taking on a trainee is on-the-job training, developing individuals by letting them learn by doing.

Appraisal 75

Appraisal Training Business Property Appraisal 75

Appraisal Today

JUNE 23, 2023

By collaborating with appraisers, accountants can provide clients with comprehensive financial guidance, ensure compliance with legal and tax requirements, and strengthen their overall professional services. To read more, click here My comments: I had never thought of some of these ways appraisers can help accountants!

Appraisal 89

Appraisal Real Estate Valuation Contracts 89

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., population, news articles, economic data, internet searches, etc.) population, news articles, economic data, internet searches, etc.)

Appraisal 87

Appraisal Appraisal Process Property Appraisal Real Property 87

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” It did not even though many lots nearby were developed.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

McKissock

DECEMBER 28, 2021

Nonetheless, it would be prudent for appraisers to refresh or develop their knowledge on appraising REO properties.”. Over the past several years, the single largest source of business for real property appraisers has been residential mortgage lending, specifically mortgage refinances.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

Appraisal 72

Appraisal Modernization Training Business 72

McKissock

JULY 28, 2020

Many appraisers do utilize regression tools in their daily practice, and understand that the reliability/credibility of regression results depend on the quality and quantity of data available. Specialization in this type of assignment can be very profitable for the residential appraiser. Interested in complex property appraisal?

Appraisal 58

Appraisal Tools Real Estate Property Appraisal 58

Appraisal Today

NOVEMBER 20, 2022

Due to the shortage of review appraisers (exacerbated by low fees and time pressures), tens of thousands of poorly created appraisals were accepted without receiving adequate review. Many appraisers were bragging about their ability to fill out two or three appraisal forms a day and receive no call-backs from lenders. .

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52