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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

Most weeks I perform appraisals for divorce or a marriage dissolution. In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. But then they had to hire me to perform an appraisal.

Appraisal 302
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NAR Urges TAF to Recommend State Licensing Bodies to Require Fair Housing

National Association of Realtors

NAR wrote to the Appraiser Qualifications Board of the Appraisal Foundation urging it to revise the real property appraiser qualification criteria to require fair housing and valuation bias training for both qualifying and continuing education.

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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value?

Appraisal 354
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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Essentially, the commercial appraisal reviewer must confirm the report is acceptable, meets standards, and the appraiser had no interest in the property appraised.

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Q&A: Is It Time to Take On an Appraisal Trainee?

McKissock

One of the biggest mistakes that some appraisers make is giving in to the fear that by hiring a trainee, they’re grooming a future competitor. It’s more to your advantage to look at it as training a productive employee. Or you might just not like the process of training other people. Looking to upgrade your appraisal license?

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. My comments: Real estate agents and brokers are salespersons. which can relate to valuation. I don’t know if Realtors can be re-trained to see value rather than price. He remembered me from Valuation 2000.

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Racial Bias in Real Estate: Is it the Appraisers’ Fault?

Appraiserblogs

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages.