Appraisal Today

SEPTEMBER 22, 2023

Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. Broker-Associates and Appraisal Licensees accounted for 13% and two percent, respectively, while the remaining two percent reported holding other types of real estate licenses. Not very positive.

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Appraisal Today

JULY 1, 2023

To help you get started, we asked our appraisal community, “What advice can you offer on how to identify financial institutions and banks that engage appraisers directly, without involving AMCs?” Below are helpful tips on how to find financial institutions and banks that engage appraisers directly on fee panels.

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Appraisal Today

JUNE 23, 2023

This Is Where Appraisal Liability Risks Lie (Plus Tips on How to Avoid Them) By: McKissock Excerpts: While it’s difficult for a litigant to win a judgment against an appraiser, that doesn’t spare appraisers the inconvenience of being sued, which can be costly, time-consuming, and harmful to one’s reputation even if the suit fails.

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Birmingham Appraisal

AUGUST 3, 2022

Most agents in the Birmingham, Alabama market where I work are great about answering any questions I have about their listings. One way for the appraiser to understand buyer motivation is to know exactly what factors they considered when purchasing a home. 6 Ways Agents Can Use Their MLS Listings To Help Appraisers.

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Appraisal Today

JUNE 17, 2022

To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==.

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Appraisal Today

NOVEMBER 10, 2022

To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! You’ll join the ranks of billionaire venture capitalist Marc Andreessen, who set the state record last year with his Malibu purchase for $177 million.). Powerball Jackpot.

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Quicken Loans

JUNE 10, 2021

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” Immediately, the question arises: How do you start the process of getting a mortgage loan? How long does it take? So, you’ve decided you’d like to buy a home. Where do I start?”. Get Preapproved.

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Raleigh Realty

DECEMBER 23, 2021

The happiness of the people who live in Raleigh is a product of everything Raleigh has to offer including the number one place for jobs, awesome weather, and affordability, unlike most other cities. Raleigh is a city where people know your face and that's all they need to know. Raleigh is a city, and it's a small town, at the same time.

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Appraisal Today

JANUARY 27, 2023

Appraisal Business Tips Humor for Appraisers To read more of this long blog post with many topics, click Read More Below!! Appraisal Business Tips Humor for Appraisers To read more of this long blog post with many topics, click Read More Below!! FHA Handbook 4000.1 Includes a link to the “redline” version of 4000.1 Get the facts!!

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Appraisal Today

JULY 7, 2023

I don’t write about this topic much. Appraiser Countersues Black Plaintiffs Who Alleged Discrimination by Isaac Peck, Publisher WorkingRE There are now a number of lawsuits facing appraisers where the primary allegation is racial discrimination. Tate-Austin v. Janette Miller, filed in California in Dec. Connolly & Mott v.

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Appraisal Today

MARCH 31, 2023

To read more of this long blog post with many topics, click Read More Below!! Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. Hamp Thomas 12 minute video – my favorite commentary on this issue! First, “third party” inspections. Call to Action.

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Appraisal Today

JANUARY 20, 2023

Chance to really irritate annoying real estate salespeople. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. To read more of this long blog post with many topics, click Read More Below!! a year earlier (-4.8

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Appraisal Today

SEPTEMBER 23, 2022

Sellers Chasing the ball down the road in real estate. Ryan has been writing about the ups and downs of his market for a long time. Ryan has been writing about the ups and downs of his market for a long time. By Ryan Lundquist. This is only part of what I say because I’m a man who needs a few paragraphs. To be determined.

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Appraisal Today

NOVEMBER 4, 2022

My comments: Read this blog post with practical tips from practicing appraisers. But, McKissock’s blog posts are short, well written, and popular with readers, so I include them regularly. Practical real estate appraisal writing tips for AMC questions. Appraisers Share Their Best Tips for Working with AMCs.

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Appraisal Today

OCTOBER 7, 2022

While agents can “puff” we cannot! If a property is listed at $315k, with an offer of $345k, do not harass the appraiser when the appraisal comes in at list!! Excerpts from NAR Report (link below): In May 2022, NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members.

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Appraisal Today

FEBRUARY 3, 2023

The education providers currently writing the PAREA courses have been indicating that the course cost will be up to 5 figures, roughly $10,000 or possibly more. To read more of this long blog post with many topics, click Read More Below!! Bringing More People Into a Dying Profession? By Dave Towne, Jan. I determine the Scope of Work.

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Appraisal Today

APRIL 12, 2024

I have done drivebys for estate appraisals when the home had been sold and I had no access. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, using new construction comps for existing homes, master planned communities, unusual homes, mortgage origination stats, etc.

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Cleveland Appraisal Blog

MARCH 18, 2021

How can people treat each other so terribly? For this reason, I thought that I would write about it. For this reason, I thought that I would write about it. A REAL-LIFE SITUATION. Let me share a real-world situation with you. As a child, many of my best friends had darker skin than mine. They were right!

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Cleveland Appraisal Blog

MAY 13, 2021

How do rainbows work? The size of the rainbow’s arc is proportionate to how far from the water droplets we are. But how do rainbows relate to real estate transactions? In a real estate transaction, everyone has a different view. In a real estate transaction, everyone has a different view.

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Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. It definitely can be very useful, as Dustin explains. It can be tricky at first to use, but Dustin explains it. garage as well.

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Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. We know — you didn’t get into real estate for the love of marketing or tech.

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Appraisal Today

OCTOBER 14, 2022

I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. By Ken Dicks.

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Appraisal Today

OCTOBER 21, 2022

National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC. We are in the middle of a market transition and exactly how it is transitioning is extremely hard to predict. To read more of this long blog post with many topics, click Read More Below!!

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Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

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Appraisal Today

FEBRUARY 9, 2024

How does the FHA define appliances? How do appraisers consider appliances? NOTE: Please scroll down to read the other topics in this long blog post on E&O and state boards, bias, 32% sales are new homes, unusual homes, mortgage origination stats, etc. = By Daniel A. FHA Handbook 4000.1 Short and understandable.

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Appraisal Today

DECEMBER 15, 2023

Wells Fargo, other mortgage lenders under scrutiny for mortgage pricing exceptions: CNBC December 11, 2023 Excerpts: Wells Fargo, once the largest mortgage lender in America, was accused of discrimination through the common industry practice of offering mortgage loan discounts to select borrowers, CNBC reported. Santa Premium Adjustment?

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PennyMac

JANUARY 16, 2022

Here’s how to know if the property you’re considering is a great investment, or just a great way to empty your wallet. Here’s how to know if the property you’re considering is a great investment, or just a great way to empty your wallet. Buying a vacation home? Factor 1: Is a Fixer-Upper the Right Choice for You?

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Investing Property Taxes Real Estate Renovations 36

Appraisal Today

OCTOBER 13, 2023

How to Level Up as an Appraiser By Conrad Meertins Jr. Depending on how you were trained, at the beginner level you typically view appraisals as forms — forms with checkboxes to be checked or left blank. Level 2 – Intermediate At the intermediate level, you realize there is more to appraising real estate than checking boxes.

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Appraisal Today

NOVEMBER 17, 2023

But in actuality, it may offer some significant upsides for appraisers. NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc.

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Will Springer Realtor

DECEMBER 14, 2021

Forecasting the direction of the economy and residential real estate is never easy, particularly in a pandemic and following a mini-recession. Our annual forecast from late 2020 offered a bit more optimism than reality but it hasn’t stopped us from producing another look at what the year ahead may offer. 2 (Freddie Mac).

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Will Springer Realtor

MARCH 14, 2022

Never did I expect to be writing in this darkest of decades – only 2-plus years in – about a pandemic followed by war. Here we are asking ourselves how Russia’s invasion of a sovereign nation – sending Europe into heightened uncertainty not seen since World War II – may impact our lives thousands of miles away.

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Appraisal Today

SEPTEMBER 9, 2022

How to Respond to ROV Requests: Updated Guidance. Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. By Greg Stephens, SRA, AI-RRS. To read more, click here.

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Appraisal Today

JULY 22, 2022

How should appraisers manage this issue? Excerpts: Updated guidance, including some new and substantively revised FAQs. A few of the Q&As. When common practice in the local market differs from the ANSI standard, can the appraiser modify the subject’s GLA to conform to local custom? To Read this 5-page Update click here.

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Housing Wire

DECEMBER 13, 2021

To their delight, they received two “more or less equally strong offers” on their home. To their delight, they received two “more or less equally strong offers” on their home. The bill was sponsored by Democratic state representative Mark Meek, who is a real estate broker himself. 3601 et seq.).”. 3601 et seq.).”.

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Will Springer Realtor

JULY 9, 2021

Wouldn’t it be great if we lived in a place where most major conveniences were within 15 minutes? The pandemic has caused many of us to rethink where we live – some now seeking more space for zooming, streaming and enjoying the outdoors. This is hardly a new concept. Make sure residents can get to their employer and to a jobs center.

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