Smart Inspections
The Appraiser Coach
JULY 19, 2022
This woman said that she has been using an iPad for years to do her mobile inspections, but had heard. I was recently contacted by an individual with a question. Read More.
Government Inspection Marketing Technology 
ICE unveils two new property valuation solutions
Housing Wire
MARCH 18, 2024
Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.
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How data and technology can combat appraisal bias
Housing Wire
MAY 23, 2023
The need to physically inspect each property will be replaced with data or other inspection options in many cases. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations. Johnson said. I think that’s a really great step.”
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Embracing New Technology and Efficiency
The Appraiser Coach
APRIL 20, 2021
I recently met with another appraiser who admitted to me he was still using a clipboard and pen. There are very few people out there still using these; most appraisers. Read More.
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Why You Should Invest in Technology
The Appraiser Coach
APRIL 4, 2023
I’ve been talking recently about what I call the “principles of prosperity.” The last couple have had to do with money – what it is and how it works. Read More
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Class Valuation acquires AMC AppraisalTek
Housing Wire
AUGUST 3, 2022
The fragmented and decentralized appraisal management company sector is ripe for consolidation, amid increased regulatory pressures on appraisers and potentially disruptive technological changes. billion real estate appraisal services market has cumulatively grown by 32% since 2008.”.
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The hybrid appraisal is here. Who benefits?
Housing Wire
JULY 12, 2022
Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.
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Why it’s time for the housing industry to get serious about climate risk
Housing Wire
MARCH 1, 2023
Change in uninsured losses As of late, however, the uninsured losses are being absorbed by other stakeholders in the housing finance system, including mortgage lenders, mortgage servicers, private mortgage insurers, government agencies, capital markets investors, and the government-sponsored enterprises.
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A View on Risk: Desktop Appraisals
Appraisal Buzz
FEBRUARY 7, 2022
Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. During 2020 and 2021 as the Covid-19 pandemic global pandemic disrupted our lives and the way we all do business, regulators, agencies, and the government sponsored enterprises allowed inspection relief in certain circumstances.
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When Should We Put Technology Aside?
The Appraiser Coach
JUNE 1, 2021
I woke up to a text the other morning from one of my employees. The text had been sent at 12:30 AM! Now, I turn my phone off at night. Read More.
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Deephaven Mortgage and Incenter Appraisal Management Join Forces to Give Non-QM Brokers a Competitive Edge
Appraisal Buzz
DECEMBER 20, 2021
Deephaven will provide brokers with Incenter Appraisal Management’s RemoteVal technology, which reduces appraisal turn times from weeks to days, without compromising the integrity of the process. Deephaven was founded in 2012 and led the rebuilding of the non-government mortgage market. About Incenter Appraisal Management.
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Clear Capital’s loan servicing solution helps servicers evaluate and mitigate risk
Housing Wire
JANUARY 31, 2021
Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.
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Saving Photos as an Appraiser
The Appraiser Coach
MAY 18, 2021
I probably take about 20-25 per house that I inspect. It is no secret that we as appraisers take a lot of photos. Then there are all the comp photos. Read More.
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Your Best Friend as an Appraiser
The Appraiser Coach
MARCH 12, 2021
Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Many appraisers work out of our homes, not interacting with office staff or other appraisers. Read More.
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Fannie Mae pays $53M to settle recession-era discrimination suit
Housing Wire
FEBRUARY 7, 2022
It alleged the government-sponsored enterprise didn’t maintain foreclosed properties in communities of color as well as it did in white neighborhoods. “I As part of the settlement, the GSE said it would, or already has, enhanced its REO maintenance and marketing activities.
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Are these factors creating chaos in your mortgage lending ops?
Housing Wire
JUNE 7, 2022
Technology will be the most popular solution, but choosing to implement multi-million-dollar platforms to streamline operations introduces even more complexity before savings are realized. Originators will lose out to quicker competitors, especially in a purchase money market. Challenge 2: Shrinking margins.
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Phone Apps for Productivity
The Appraiser Coach
AUGUST 31, 2021
I’m big on technology. One of my most used pieces of technology is my smartphone. I wanted to share with you some of the apps that I use all the. Read More.
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Why Are People So Complicated?
The Appraiser Coach
DECEMBER 5, 2023
I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. He mentioned how his brother’s home of a similar size had sold in a different market for a much higher price.
The Best Idea for IT Support for Your Appraisal Office
The Appraiser Coach
SEPTEMBER 7, 2021
Technology is important to your business. Sometimes, it can be a challenge to keep your computer, your systems, your network, your internet, and the software you use all running and. Read More.
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“Mommy’s not home, but she says you can come in.”
The Appraiser Coach
NOVEMBER 15, 2023
You drive for an hour for an inspection. We’ve all been there before. When you get there, you knock on the door, only to have it opened by the kids. You ask them if their parents are home, to which they respond, “No.” When you call the parents, they say something like, “Oh, I’m not home right now, but the kids will let you in.”
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Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?
Appraiserblogs
MARCH 7, 2024
Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. Despite its roots in a methodology designed to support appraisers, Value.
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How to get a real estate license in Ohio (OH) in 5 steps
Housing Wire
NOVEMBER 30, 2023
Culture, cutting-edge technology, marketing assistance, and training are key to succeeding as an Ohio real estate agent, so look for a brokerage that provides the agent services and resources you need to maximize reach for your clients. government-issued alien registration card U.S. government-issued alien registration card U.S.
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Navigating the Slow-Down
Appraisal Buzz
MARCH 26, 2024
In a recent reflection on my appraisal business, I want to share an inspiring story about a fellow appraiser who defied market challenges and achieved remarkable success. Amidst a general market slowdown, this appraiser not only weathered the storm but thrived. The choice is ours — stagnate or thrive.
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ARE COMP PHOTOS A THING OF THE PAST?
The Appraiser Coach
OCTOBER 17, 2023
Isn’t technology these days pretty good for getting most information from the desktop? With the advent of the hybrid appraisal, it seems that the need for comp photos has become obsolete. If we don’t need original photos for hybrids, do we need them at all? Who honestly likes them anyway? How long have you been appraising?
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How To Appraise Rural Properties
Appraisal Today
MARCH 15, 2024
Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. We’ve found five glorious examples of glass houses on the market right now.
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Responding To the 5 Most Popular Questions From Agents
The Appraiser Coach
DECEMBER 13, 2022
Imagine you’re at an inspection. During your standard walk-through, you look out the window and see a car pull up into the driveway. Your mind starts racing when you see. Read More.
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5 best Arizona real estate schools for 2024
Housing Wire
DECEMBER 8, 2023
Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Course includes contracts used in real estate transactions with samples and practical contract completion exercises. out of 5 stars Rating: 4.5
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CAPE Analytics launches new AI-powered, automated property condition report tool
Housing Wire
SEPTEMBER 13, 2023
This latest product uses computer vision to assess aerial imagery from airplanes and other sources and extracts information about property conditions, with a focus on marketability and property value , the company said Wednesday. CAPE relies on multiple imagery capture partners, which allows it to pull together novel datasets.
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What tech leaders think about AI, cybersecurity and what’s next
Housing Wire
JANUARY 11, 2024
On the right tech mindset: Adam Carmel, Polly CEO : “When I was in lending, I think I always overestimated the impact technology or software, or more importantly, a switch in technology, would have on our business in the first six months or a year, and the difficulty in transitioning. But it’s not an easy landscape to navigate.
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NFT mania and the future of the home sale
Housing Wire
MARCH 7, 2022
The creation of the NFT real estate market thrusts a spotlight onto a Silicon Valley company specifically throwing itself into real estate, blockchain and NFTs. It’s a great marketing tool for the right type of listing. Unlike currencies issued by a country’s government, cryptocurrency is digital and has no central administration.
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Fannie Mae Changes 2018
Robinson Appraisal Group
NOVEMBER 16, 2018
As appraisers in this ever changing industry we have seen changes in the market, technology, bank requirements, emergence of management companies and appraisal form changes. The Market Conditions Addendum (Form 1004MC) is designed to enhance the transparency of the market trends and conditions conclusions made by the appraiser.
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Experienced Appraisers Share Their Number One Tips for New Appraisers
McKissock
OCTOBER 29, 2021
Embrace technology. There is so much to learn and the market is constantly changing, so it can be overwhelming at times. ” “Be thorough on your inspections.” ” “Be thorough on your inspections.” ” “Use all the technology available to you.” Be patient.
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Principles of Prosperity: The Final Word
The Appraiser Coach
JUNE 27, 2023
I’ve recently been posting about what I call the “Principles of Prosperity.” I’ve been hoping to give you a brief introduction that will pique your. Read More
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The Undercover Appraiser
The Appraiser Coach
MARCH 19, 2024
As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there. We talked about what was still needed and how to go about the property moving forward.
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Time Is Money – So Use It Wisely
The Appraiser Coach
MARCH 12, 2024
I want to talk today about something with which we are all familiar. I believe that we need to keep this in the forefront of our minds as business owners. This term is “opportunity cost.”
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Change: Threat, or Opportunity?
The Appraiser Coach
MARCH 5, 2024
I talk a lot on this blog about change. That’s partly because so much change has happened just during my time as an appraiser. I’ve seen the advent of laser measuring, electronic forms, and most recently, remote appraisals. This industry is seemingly in an almost constant state of change!
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What permanent desktop appraisals mean for the industry
Housing Wire
MAY 2, 2022
From drive-through closings to drone-guided inspections, industry experts got creative to meet the growing demand for new homes for a surge of homebuyers and homeowners who wanted to take advantage of low interest rates. During the pandemic, loans were averaging more than 45 days to close, according to data from ICE Mortgage Technology.
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Confidence: the Second Key to Success
The Appraiser Coach
FEBRUARY 27, 2024
I’ve already shared with you what I believe the most important key to success is: taking action. Without action, your ideas will never come to fruition. Here, I’m going to tell you about the second most important key to success. When paired together, these two keys to success become a true powerhouse.
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Success in One Step
The Appraiser Coach
FEBRUARY 20, 2024
I’ve talked a lot about what I term the “principles of success.” I truly believe in them, and I think they are all important to achieving success. A lot of people ask me though what the one key to success is. In reality, there isn’t just one. There are many little things that need to be done in order to get where you want to be.
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You’re Chasing a Dollar… What’s the Dollar Chasing?
The Appraiser Coach
MARCH 28, 2023
I talked recently in another post about the fact that money is a tool that we use to keep track of value. Money really has no value in and of. Read More
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How to Conduct the Most Effective Columbus, Ohio Property Search
The Robert Weiler Company
NOVEMBER 9, 2022
And determine whether the government plans any upgrades in the future; this is a telltale sign of an up-and-coming hot spot. Columbus, Ohio has emerged as a technologically advanced city; in fact, one of the top three industries here is technology. Tip 3: Learn About Locals and Lifestyle. What does that mean?
Surround Yourself With Success
The Appraiser Coach
FEBRUARY 13, 2024
I’ve talked many times about the principle of the mastermind. Napoleon Hill, who was one of the first people to talk about it, described it this way: when you get more than 2 people in a room with similar backgrounds, similar needs, and similar goals, then you form an additional entity (paraphrasing). This is the mastermind.
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Turn “Time is Money” On Its Head
The Appraiser Coach
FEBRUARY 6, 2024
In a Mastermind meeting with other (non-appraiser) business owners, I was reminded of how well so many principles that I share with you apply across different areas, whether it’s real estate or office work. There was a man by the name of Jack who was talking about how much he has to do.
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When Getting a Letter From the Sheriff is a Good Thing
The Appraiser Coach
JANUARY 30, 2024
After a trip to Washington, D.C. and Chicago for some Mastermind classes, and a visit with my daughter at Michigan State, I went to work at my office in Idaho Falls to find that I had an “Official Mail” slip attached to my door. I thought that was a little strange, because the address of my office isn’t widely publicized.
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