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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. Why are appraisers essentially being excluded from the conversation about modernizing the profession?

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Race and the Property Valuation Industry

Appraisal Buzz

The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. The property valuation industry has a system for dealing with situations where a home’s appraised value is in dispute; it’s called the review process. Let’s unpack this situation…. But, what else played a role? Perception.

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Member Spotlight: John Brenan

Housing Wire

This week’s HW+ member spotlight features John Brenan, vice president of Valuation Policy and chief appraiser at Clear Capital. At Clear Capital, Brenan oversees the quality of the company’s appraisal and valuation products and implements changes to continually evolve the program. .

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PAVE Task Force Releases Recommendations to Promote Valuation Equity

McKissock

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

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The Fall 2021 Appraisal Buzz Magazine has Arrived

Appraisal Buzz

Our cover article is an incredibly insightful conversation on racial bias in the appraisal industry. We have articles to help appraisers, AMCs, and lenders grow in every aspect of their business. Make sure you take a look at our schedule for Valuation Expo – we’ve included a code for $100 off of any Valuation Expo Pass!

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14 indispensable AI tools for real estate agents

Housing Wire

Called RAIA, Offrs AI chat tool uses conversational AI trained by licensed agents to qualify leads for you. Visit Tidio Property valuation and market analysis AI-supported property valuation and market analysis tools give real estate agents a decisive edge in quickly and accurately determining property values and understanding market trends.

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Fannie Mae approves 6 vendors for its new valuation process

Clear Capital

Written by NEXT Fannie Mae has approved six firms to handle its new valuation process, which removes traditional appraisers from the equation. They include Accurate Group, Black Knight, Class Valuation, Clear Capital, Mueller Services, Inc., and Solidifi.