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Xactus names chief operating officer

Housing Wire

Mortgage technology firm Xactus named Michael Crockett as its chief operating officer. Xactus provides solutions that include credit reporting, online verifications, fraud detection and property appraisal. Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders.

Tenants 400
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10 Appraisal Competencies Every Property Appraiser Should Master

McKissock

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. ” Adopt new technology. Manage business expenses.

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Appraisers raise alarm on AMC revenue-sharing models

Housing Wire

In 2023, nearly half of appraisers surveyed said fee pressure was their biggest challenge, up 20 percentage points since last year. Fee pressure was followed by appraisal management company (AMC) requests for revisions (28%) and technology fees (26%), a category that was not included in 2022 survey responses.

Appraisal 370
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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

The new data set is all encompassing for every property type (residential) that were traditionally divided into 12 separate forms. The appraiser will be led through a process, defined by the scope of work. This scope of work is determined by the type of property and the characteristics of the property.

Appraisal 397
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Asteroom Announces Launch of New Desktop Appraisal Solution for Appraisal Management Companies

Appraisal Buzz

3D tour technology reveals a new efficient and accurate way to gather data by launching a national network to collect data to complete desktop appraisals. Appraisers prefer Asteroom’s data because it includes a 3D tour that allows the appraiser to view the property remotely in its entirety for accurate and reliable appraisal results.

Appraisal 195
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What to do about the appraiser shortage

Housing Wire

These factors combined to throw the appraisal industry in flux. It has a very uncertain future: will in-person appraisals be the norm, or will technology overtake the process completely or partially? Plus, a lot of appraisers are nearing retirement age and don’t want to take on someone else at the moment.”

Appraisal 427
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The Future of Desktop Appraisals

Appraisal Buzz

Buzz : What is your background in the appraisal industry? Mark Walser : I am a technology and operations executive with 13 years of progressive management in all aspects of AMC operations and technology with various AMCs, and am the President of Incenter AMC. Technology is like water; it seeks its own level.

Appraisal 370