Appraisal Buzz

MARCH 25, 2024

It is the work of a therapist and their client to carefully untie those knots. Of course, this applies to the work of real estate appraisal as well. Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people.

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Sellers Appraisal Real Estate Buyers 379

Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. Have a great weekend!

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Appraisal Real Estate Agent Real Estate Agents 302

Appraisal Buzz

OCTOBER 10, 2022

Appraisers are tasked with protecting the public trust, and yet, I have seen appraisers who knowingly and on an ongoing basis disregard facts and truth to provide reports with values or directions in values that advocate the cause of their client. The future of the valuation profession is not certain to me.

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Valuation Tools Development Technology 74

Cleveland Appraisal Blog

JANUARY 19, 2023

Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. AN EXAMPLE Earlier in the year, I appraised a property that was originally built for buyers that do not require electricity. How about underimproved? What do these things indicate?

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Appraisal Buyers Transportation Real Estate 284

McKissock

DECEMBER 28, 2021

The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards. Housing market trends for 2022. This market change, Traut says, is likely to lead to more manageable and constant appraisal workloads than the unparalleled extreme demand experienced over the past year.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Appraisal Today

JUNE 24, 2022

Among the rights that come with real property ownership is the right to exclude others. When oceans, lakes, bayous, estuaries, rivers, streams, and ponds are involved, this right is a large part of what property purchasers are paying for. Communicating with non-lender clients is very, very different than lenders!

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Appraisal Contracts Mortgage Real Estate 52