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5 Appraisal Topics Every Agent Should Know

Empire Appraisal Group

Don’t tell the appraiser your client needs a certain value, for example. If there is no competition, and you’ve got no supply, that has an influence on the value of that property.”. The appraiser has a scope of work for every lender client, which differs depending on the mortgage product, said Bradley.

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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. In 2018, the Appraiser Qualifications Board (AQB) changed its Real Property Appraiser Qualifications Criteria.

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

I also think that now is the time to increase your appraisal skills by taking classes and seminars. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint.