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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

Most weeks I perform appraisals for divorce or a marriage dissolution. 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. But then they had to hire me to perform an appraisal.

Appraisal 302
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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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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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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. ” Clearly, when valuing a property, appraisers must consider what the typical buyer expects a home to offer in terms of amenities and characteristics.

Appraisal 284
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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
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4 Ways to Motivate Your Commercial Appraisal Team

Real Quantum

It’s important that they are always challenged to learn a new skill, scope of work, property type, or technology. When you motivate your commercial appraisal team and they excel at tasks assigned to them, they add value to the company. They do this through client relationships and should be rewarded for it.

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7 Key Considerations for Using a Restricted Appraisal Report

McKissock

In any real estate appraisal assignment, you must use one of the two written report options outlined in USPAP: Appraisal Report or Restricted Appraisal Report. A diligent appraiser can utilize the Restricted Appraisal Report option when it makes good sense for the assignment and client.