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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

As shocking as it may be, commercial real estate appraisal reviews are required for the following reasons: The conclusion of the original CRE appraisal is in contention. The obligation to the client isn’t met. It isn’t clear who owns the appraised property. Litigation.

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Fannie and Freddie Release New Hybrid and Desktop Forms for Testing

McKissock

These two terms are often used interchangeably by appraisers and clients, but under the GSEs’ new definitions, they are different types of assignments. The GSEs have also issued guidance for these test forms, which can be found online here: URAR Hybrid and Desktop Appraisal Forms – Quick Reference. Written by Dan Bradley.

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How to Choose a Real Estate Appraiser

McCarthy Appraisal Blog

The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Residential appraisers may need an associate degree and commercial appraisers usually need a bachelor’s degree. Evaluate the appraiser’s experience.

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6 Special Purpose Property Tips for Commercial Appraisal Reviewers

McKissock

Business components in special purpose properties are often referred to as “intangibles.” Below, we provide an overview of intangibles and outline six special purpose property tips for appraisal reviewers. Special purpose property tips. Intangibles. Value in use requires considering the business as a going concern.

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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. Standard 2 is the specific standard that addresses the reporting of appraisals.

Valuation 360
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Q&A: Is It Time to Take On an Appraisal Trainee?

McKissock

Then you can bring on new clients; you’ll have sufficient staff for higher-volume periods—and, while you’re training the new people, you’re revisiting the basics and refreshing your own skills. Know someone who might be interested in appraisal license classes? Refer a friend.

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Purchase Contracts in Appraisal Reports

Walitt Solutions

One of those common scenarios goes like this: I completed an appraisal and transmitted the appraisal report to the client for a purchase appraisal. Now, a few weeks later, the parties have signed an addendum to the contract to match my value conclusion; the client has sent me that addendum.