article thumbnail

Appraisal bill would combat legacy of redlining

Housing Wire

Legislation in Congress would try to solve for inconsistencies in appraisal underwriting, a lack of diversity in the profession, and the legacy of property valuation discrimination. The Consumer Financial Protection Bureau would designate the chairperson of the body. Emanuel Cleaver (D-MO) and Rep.

Appraisal 383
article thumbnail

How Do I Earn the MAI Designation?

Real Quantum

How Do I Earn the MAI Designation? MAI designated appraisers have access to a wealth of career opportunities, increased recognition, and accelerated advancement through the industry. But what is the MAI designation exactly, and how does someone go about applying? What is the MAI Designation? Benefits of MAI Designation.

Design 68
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Real Estate Appraiser: What They Do and How to Become One

Appraisal Hub

If you are interested in becoming a real estate appraiser in Toronto, here are the basics you need to know. Real estate appraisers work to assess the value of land, estates, and other pieces of real property. How Do I Become a Real Estate Appraiser? What Does an Appraiser Do? Why Should I Become an Appraiser?

article thumbnail

7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Participants choose from designated class dates. Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs.

article thumbnail

Ethics is Our Solution

Appraisal Buzz

I have weathered seasons marred by valuation professionals whose malfeasance adversely impacted the economy and society. The future of the valuation profession is not certain to me. Technological advances suggest we need to move toward automated valuation models that churn data through automated algorithms to produce valuations.

article thumbnail

Top 6 Commercial Appraisal FAQ’s

Simonson Real Estate

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

article thumbnail

4 Ways to Motivate Your Commercial Appraisal Team

Real Quantum

The highest designation in the appraisal profession is the MAI membership designation. The requirements for this designation are below and should be the expectations for your team. Have good moral character; Be a Certified General Real Property Appraiser (or meet equivalency). Sign up for a demo today.