article thumbnail

Thinking of selling your real estate brokerage? Here’s how to prepare

Housing Wire

From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract. Valuation – The valuation stage can also be considered the preliminary due diligence stage. Disclosure schedules essentially memorialize or qualify key aspects of the business.

article thumbnail

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. The General Business B-4 zoning classification applies. Summary, What Does it Mean? i] [link]. [ii]

Valuation 360
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ethics is Our Solution

Appraisal Buzz

I have weathered seasons marred by valuation professionals whose malfeasance adversely impacted the economy and society. The future of the valuation profession is not certain to me. Technological advances suggest we need to move toward automated valuation models that churn data through automated algorithms to produce valuations.

article thumbnail

Real Estate Appraiser: What They Do and How to Become One

Appraisal Hub

The number of businesses in Canada’s real estate appraisal industry has expanded by 2.1% If you are interested in becoming a real estate appraiser in Toronto, here are the basics you need to know. If you are interested in becoming a real estate appraiser in Toronto, here are the basics you need to know.

article thumbnail

7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Online, self-paced package includes 3 Study e-Books & access to Buffini & Co’s career advice via coaching videos Pros + Cons Pros: Self-paced options for busy students Next-gen student dashboard for tracking progress Exam Prep packages with unlimited practice tests Cons: Online and livestream classes cannot be mixed and matched.

article thumbnail

6 Special Purpose Property Tips for Commercial Appraisal Reviewers

McKissock

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.”

article thumbnail

5 Ways to Survive a Slow Real Estate Market as an Appraiser

McKissock

How can you bolster your appraisal business during a slow real estate market? ” The most popular answer was, “Offer your appraisal services to a variety of clients (attorneys, real estate agents, homeowners, property investors, etc.).” What’s the BEST way to survive a slow real estate market?