article thumbnail

The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised. But the owner felt that a real estate agent could do the same type of valuation as an appraiser.

Appraisal 302
article thumbnail

3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

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?

Appraisal 354
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Become a Supervisory Appraiser

McKissock

property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. In this post, we outline how to become a supervisory appraiser. You might be looking to grow your business, delegate tasks (e.g.,

article thumbnail

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.” The 58-page report is available here , while an Executive Summary of the report is also available.

article thumbnail

5 Resources to Help You Avoid Appraisal Errors and Violations

McKissock

As busy real estate appraiser, both your time and your professional reputation are extremely valuable. One thing you can do to help save time and preserve your standing as an ethical and reliable property appraiser is to put a little extra time and effort toward avoiding appraisal errors and violations.

article thumbnail

NAR Member Survey on Appraisal Data Collectors

Appraisal Today

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. Only appraisers do the appraisals. They included appraisers, real estate agents, and someone with a week, a month, or online video training. Sometimes, the “training” was not as thorough as it should have been.

article thumbnail

Q&A: Is It Time to Take On an Appraisal Trainee?

McKissock

One of the biggest mistakes that some appraisers make is giving in to the fear that by hiring a trainee, they’re grooming a future competitor. It’s more to your advantage to look at it as training a productive employee. Or you might just not like the process of training other people. Looking to upgrade your appraisal license?