Appraisal Buzz

MARCH 25, 2024

Of course, this applies to the work of real estate appraisal as well. Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people. It is the work of a therapist and their client to carefully untie those knots.

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Sellers Appraisal Real Estate Buyers 379

McKissock

MAY 26, 2023

How can you bolster your appraisal business during a slow real estate market? ” The most popular answer was, “Offer your appraisal services to a variety of clients (attorneys, real estate agents, homeowners, property investors, etc.).” Want to share your opinion?

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Real Estate Appraisal Marketing Business 64

MN Real Estate Services

FEBRUARY 4, 2017

When Emotions Are Raw, and Trust Is Low, You Need a Real Estate Appraisal That Could Stand Up In Court If It Had To. Your client is going through divorce and there is real property involved. You contact Minnesota Real Estate Appraisal Services LLC in Minnesota and get them to do an Appraisal that both parties can trust.

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Real Estate Appraisal Real Property Valuation 78

Appraiserblogs

FEBRUARY 21, 2022

As Real Estate Appraisers, we are encountering an assault on our profession from the GSE’s with the hybrid appraisal reports, the rollout of the new desktop product and with appraisal waivers. We won’t take appraiser trainees, but we’ll take real estate trainees. As appraisers, we need. That’s the million dollar question.

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Appraisal Real Estate Valuation Real Property 133

Housing Wire

JUNE 9, 2021

This allows for a more objective analysis and better compliance, and often translates to a more efficient process with faster turn times, which allows buyers and sellers to transfer real property more cost effectively and with confidence. HW: What are some of the current challenges regarding property tax assessment?

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Appraisal Property Taxes Technology Valuation 393

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate. Call today!

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Real Estate Appraisal Valuation Loan Officers 36

McKissock

AUGUST 4, 2022

From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, complaints against appraisers are becoming more and more common. This topic is one of my favorites to present, and I am appreciative of the opportunity to do so at Valuation Expo.

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Appraisal Valuation Real Estate Property Appraisal 60

Property Metrics

MAY 28, 2021

One of the unique challenges of commercial real estate investment is that markets, types of property , return expectations, and physical environments are in a constant state of change. The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of.

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Real Estate Tenants Modernization Renovations 50

Cleveland Appraisal Blog

JUNE 30, 2023

To ensure suitability, research neighborhoods, read reviews, and consult locals or real estate agents. Always visit the property before signing any agreement, and create a comprehensive list of priorities such as safety, proximity to work or public transport, access to amenities, and budget to aid decision-making. Sage advice!

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Real Estate Agent Appraisal Bracketing Decorating 241

Simonson Real Estate

SEPTEMBER 16, 2021

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.

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Appraisal Appraisal Process Real Property Real Estate 78

Cleveland Appraisal Blog

JANUARY 19, 2023

Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. The Appraisal of Real Estate, the fifteenth edition indicated that these factors are going to determine which sales are most comparable. How about underimproved?

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Appraisal Buyers Transportation Real Estate 284

McKissock

JANUARY 4, 2022

Real estate appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details. I enjoy the valuation business but feel I am limited in my work as a trainee or licensed appraiser. Strongly agree b.)

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Appraisal Real Estate Agent Development Valuation 93

Simonson Real Estate

JUNE 16, 2021

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate. Regards, Mitchell Simonson, MAI.

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Appraisal Real Estate Appraisal Process Real Property 78

Simonson Real Estate

JUNE 22, 2020

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Please join us on Wednesday, July 15th at 2:30 p.m.,

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Valuation Real Estate Appraisal Retail 146

McKissock

SEPTEMBER 10, 2020

This is especially true where there is a business component to be considered, as would be the case with senior living, hotel valuation, or hospitals. Business components in special purpose properties are often referred to as “intangibles.” A value-in-use does not represent what the real property may exchange for on the open market.

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Appraisal Valuation Real Estate Design 54

Cleveland Appraisal Blog

APRIL 11, 2023

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

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Appraisal Market Value Legal Property Appraisal 354

Annarbor Appraisal

JUNE 5, 2019

A proper assessment of the value of the decedent’s real property is particularly difficult for the layperson anyone who is unfamiliar with real estate transactions. The most reliable and defensible number will come from a formal appraisal, conducted by a certified real estate appraiser.

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Real Estate Appraisal Valuation Real Property 78

The Robert Weiler Company

OCTOBER 15, 2021

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. As such, there is no better time than now to seek out commercial real estate in Columbus, Ohio. TABLE OF CONTENTS: The Upside (and Downside) of Buying Commercial Property for Sale in Columbus, Ohio.

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Investing Real Estate Tenants Investors 138

Boston Appraisal

MAY 27, 2019

Not only are they grieving, but they must also take care of the legal obligations and paperwork necessary to settle the deceased’s estate. And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. What Is an Estate Appraisal?

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Appraisal Real Estate Valuation Market Value 78

Simonson Real Estate

SEPTEMBER 25, 2020

The team at Simonson Appraisals has found that one of the best tools we have to overcome this challenge while continuing to produce reliable and credible appraisals is speaking with owners, lenders and other market participants dealing with the different segments of commercial real estate. Updated 9/8/2020.

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Valuation Appraisal Marketing Real Estate 130

McKissock

JUNE 22, 2021

Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Assessment appeal work provides a great opportunity to diversify your appraisal practice as local taxing authorities receive numerous complaints about overvalued real estate properties.

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Reconsideration of Value Appraisal Real Estate Retail 52

Real Quantum

NOVEMBER 24, 2020

Have good moral character; Be a Certified General Real Property Appraiser (or meet equivalency). Hold bachelor’s degree or higher (or be a Certified General Real Property Appraiser). Daniel Frazee, MAI of Keller Craig & Associates has been active in the real estate industry since 2007.

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Appraisal Client Relationships Design Property Appraisal 64

Empire Appraisal Group

JULY 1, 2021

Appraisers are an integral part of the real estate sales process. Bradley says some real estate pros give her a spreadsheet of the multiple offers on the property. “We a residential real estate appraisal firm based in St. 5 Appraisal Topics Every Agent Should Know. They’ll figure out what to use.

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Agents Appraisal Real Estate Realtors 78

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. What is an appraiser expected to analyze and give an opinion on? Written by Steven W.

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Contracts Appraisal Market Value Real Estate 64

McKissock

AUGUST 21, 2020

In any real estate appraisal assignment, you must use one of the two written report options outlined in USPAP: Appraisal Report or Restricted Appraisal Report. USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. Reporting requirements. Scope of work disclosure.

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Appraisal Appraisal Process Clients Development 92

Simonson Real Estate

DECEMBER 6, 2022

Our goal is helping our clients make sound investment decisions and solve real estate problems to achieve their financial and business goals. Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the real estate financing process.

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Appraisal Process Real Estate Appraisal Renovations 78

Real Quantum

JUNE 8, 2022

with over 18,000 members worldwide, representing highly-decorated real estate appraisers. The experience and education needed for MAI designation exceed the requirements for state certification, and this is why professionals certified as MAIs are widely considered to be the leading experts in the field of real estate appraisals.

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Design Appraisal Real Estate Decorating 68

Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. which can relate to valuation.

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Appraisal Agents Real Estate Real Estate Agent 80

McKissock

JULY 2, 2021

Green technology and the popularity of green living are advancing rapidly, and many real estate appraisers are interested in gaining specialized knowledge and expertise in eco-friendly housing. ” CE Course: For in-depth information on appraising solar panels, enroll in our new CE course, Valuation of Residential Solar.

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Appraisal Transportation Technology Real Estate 97

Cleveland Appraisal Blog

NOVEMBER 11, 2021

For years, Zillow Zesimates have been zinged by real estate professionals for creating angst in the market by their unsupportable value estimates. However, I believe that they’ve put too much value in their “values” Valuation is not their expertise. VALUATION IS NOT EASY OR SIMPLE.

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Market Value Valuation Appraisal Real Estate 364

Annarbor Appraisal

JUNE 6, 2019

This is the same idea behind price per square foot for real property valuations. If you have questions about how an appraiser values a property, please reach out to your local appraisal expert and ask questions. Another way to look at this is, what is the value of a Tesla per pound? What is the value of a Yugo per pound?

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Appraisal Valuation Real Property Sellers 78

Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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Appraisal Modernization Property Appraisal Real Property 417

Appraiserblogs

AUGUST 14, 2023

had characterized as race-based differences in home valuations were almost entirely due to socio-economic status, not racial bias by real estate appraisers. Perry’s 2018 research, titled “The Devaluation of Assets in Black Neighborhoods,” pinned the nation’s racial wealth gap on 80,000 state-licensed real property appraisers.

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Valuation Property Appraisal Home Value Appraisal 110

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. FIRREA and Bank Guidelines Interagency and Evaluation Guidelines SBA Appraisal Requirements.

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Appraisal Process Appraisal Market Value Tenants 148

McKissock

NOVEMBER 3, 2020

In 2018, the Appraiser Qualifications Board (AQB) changed its Real Property Appraiser Qualifications Criteria. She is a real estate appraisal and valuation compliance professional with over 20 years experience in residential appraising, operations management, risk analysis, quality assurance, and appraisal regulations.

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Appraisal Training Business Property Appraisal 75

Valuation Nation

AUGUST 30, 2021

As real estate appraisers we can have some tough assignments. With that in mind, I wanted to start sharing some stories, some from me and hopefully, many from you, my readers that showcase some of the positives that we see and participate in as real property valuers. I am calling this series Real Value. 08/30/2021.

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Real Property Inventory Real Estate Appraisal 40

Appraiserblogs

JUNE 22, 2021

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. On January 4, 2021, the… The post Racial Bias in Real Estate: Is it the Appraisers’ Fault?

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Real Estate Appraisal Valuation Training 178