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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. The post The Value of Words in Valuation appeared first on Appraisal Buzz. i] [link]. [ii]

Valuation 360
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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.”

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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. City or federally owned property is being evaluated.

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What Is a Reconciled Value?

Cleveland Appraisal Blog

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must : (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) Let me give you a real-world example. Lenders are not value experts.

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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. Ask them for their resume and a list of two or three references. The references should be current or previous clients, and at least one should be from the community. Call today!

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Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE). For reference, the all-time high was 10.34% in July 2012. Updated 9/8/2020.

Valuation 130
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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. Refer a friend. In 2018, the Appraiser Qualifications Board (AQB) changed its Real Property Appraiser Qualifications Criteria.