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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession? It takes a while for them to train like this, but in reality, I like training them this way.

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The appraiser can’t be replaced by technology – Here’s why

Housing Wire

” From the Mortgage Bankers Association (MBA): “While MBA supports the ongoing development of such tools, MBA also acknowledges the need for appraisers and lenders to provide some level of oversight and due diligence to preserve the overall quality of the data referenced in future valuations. The axe can do nothing on its own.

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United Wholesale Mortgage’s Blink+ tool includes an LOS, POS and CRM all in one package

Housing Wire

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

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How is the industry adapting to desktop appraisals?

Housing Wire

HousingWire recently spoke with Kenon Chen, Executive Vice President of Corporate Strategy at Clear Capital, about desktop appraisal adoption and appraisal modernization. The quality and accuracy of modern appraisals have proved to be on par with, or better than, the traditional process, all while reducing turn time by 5 days on average.

Appraisal 370
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4 tips for staying relevant as a real estate professional in 2023

Housing Wire

He also often looks to the robust marketplace of technology tools available to help automate the mundane to ensure he stays focused on his skill set: delivering stellar customer service. What changes can you make to your day-to-day business practices, technology stack or marketing plan to help avoid these in the future?

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Clear Capital’s new desktop appraisal solutions support appraisers in meeting new GSE guidelines

Housing Wire

To support lenders and appraisers in meeting these new desktop appraisal guidelines, Clear Capital has developed two new desktop appraisal solutions, Desktop Appraisal and Desktop Data Collection, which launched April 5. Duane Andrews, CEO, Clear Capital. Kenon Chen, Executive Vice President of Corporate Strategy.

Appraisal 370
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Member Spotlight: John Brenan

Housing Wire

I’ve always been mechanically inclined and developed a love for cars at an early age, based on the four drag race cars my father owned. To some degree, appraiser capacity issues can be mitigated by modern appraisal products like desktop and hybrid appraisals. HousingWire: If you had chosen a different career path, what would it be?

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