Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. The post The Value of Words in Valuation appeared first on Appraisal Buzz. Summary, What Does it Mean?

Valuation 360

Valuation Contracts Appraisal Legal 360

National Association of Realtors

DECEMBER 24, 2021

NAR’s Real Property Valuation Committee and leadership from NAR’s Fair Housing Policy Committee participated in a listening session with the Biden Administration’s Interagency Task Force on Property Appraisal and Valuation Equity (PAVE).

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Appraisal Valuation Property Appraisal Real Property 77

Appraiserblogs

MARCH 3, 2023

Somebody explain to me exactly how Property Data Collectors are “professionally trained” per Fannie Mae directives. The fact is, Fannie Mae is explicitly working toward the elimination of appraisers for real property valuations.

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Training Valuation Appraisal Real Property 113

Appraisal Buzz

MARCH 25, 2024

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. Imperfect though our efforts may be, we must work to untie the knot of each transaction and of the real estate market as a whole.

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Sellers Appraisal Real Estate Buyers 379

Appraiserblogs

FEBRUARY 21, 2022

NAR Bifurcation Position Is a Good Thing I reread last week’s post in Appraiserville: “NAR Real Property Valuation Committee Issues Position On Bifurcation” and felt I left…. Public Trust If the ASC grants the request for appraisal waivers, the precedent will have been set for other banks to follow.….

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Appraisal Real Estate Valuation Real Property 135

Appraisal Buzz

OCTOBER 10, 2022

I have weathered seasons marred by valuation professionals whose malfeasance adversely impacted the economy and society. The future of the valuation profession is not certain to me. Technological advances suggest we need to move toward automated valuation models that churn data through automated algorithms to produce valuations.

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Valuation Tools Development Technology 74

National Association of Realtors

MARCH 18, 2021

Peter Gallo, Chair of the NAR's Real Property Valuation Forum presents a live form featuring a panel of residential, commercial, and review appraisers.

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Appraisal Valuation Real Property 72

National Association of Realtors

JULY 19, 2022

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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Training Property Appraisal Valuation Real Property 54

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

Appraisal Hub

JANUARY 3, 2023

If you are interested in becoming a real estate appraiser in Toronto, here are the basics you need to know. Real estate appraisers work to assess the value of land, estates, and other pieces of real property. How Do I Become a Real Estate Appraiser? What Does an Appraiser Do?

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Real Estate Appraisal Training Design 78

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

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

The Robert Weiler Company

SEPTEMBER 30, 2020

A real estate appraisal review is an excellent tool for a recently conducted commercial appraisal, to check if market comps and other property valuations remain the same. Who Conducts Commercial Real Estate Appraisal Reviews? Licensed and qualified real estate appraisers typically perform appraisal reviews.

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Real Estate Appraisal Property Appraisal Valuation 137

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. more stringent) than AQB criteria.

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Appraisal Real Estate Agent Development Valuation 93

Cleveland Appraisal Blog

JUNE 30, 2023

While this article was not about real property or appraising, appraisers do help people who are relocating. I also perform a fair number of appraisals for folks out of state who would like to either move to the Cleveland area and need to know the value of a property they would like to purchase. Sage advice!

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Real Estate Agent Appraisal Bracketing Decorating 241

Valuation Review

JUNE 7, 2023

The Appraiser Qualifications Board’s Second Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria is available for public comment.

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Property Appraisal Real Property Appraisal 60

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. How about underimproved? What do these things indicate?

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Appraisal Buyers Transportation Real Estate 284

Housing Wire

NOVEMBER 30, 2023

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced.

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Real Estate Realtors Real Estate Agent Law 401

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must : (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) 10 Tips to Avoid a Low Valuation – Lori Lovely with HomeLight.

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Development Appraisal Market Value Valuation 337

McKissock

SEPTEMBER 10, 2020

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.” Second generation use.

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Appraisal Valuation Real Estate Design 54

Simonson Real Estate

SEPTEMBER 25, 2020

Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE). Josh Folland , Senior Managing Director, Valbridge Property Advisors.

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Valuation Appraisal Marketing Real Estate 130

Valuation Review

SEPTEMBER 13, 2021

The Appraiser Qualifications Board (AQB) recently adopted a new edition of the Real Property Appraiser Qualification Criteria. The Criteria set qualification standards for real property appraisers in the United States and provide continuing education guidelines for current appraisers to maintain their appraisal license.

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Property Appraisal Real Property Appraisal 60

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). Realquantum helps valuation and advisory teams eliminate tedious manual work and boost revenue 50%.

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Appraisal Client Relationships Design Property Appraisal 64

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

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Homeowners may have questions about the appraisal process itself and may ask the appraiser for tips on how to improve the valuation. Ask an appraiser about their education and licensing.

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Real Estate Appraisal Valuation Loan Officers 36

Simonson Real Estate

JUNE 22, 2020

How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? for our Biznow webinar on “ Appraisals, Valuations and Taxes : How to Value Buildings Using Rapidly-Changing Information, ” as we discuss these issues and more. About the Authors.

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Valuation Real Estate Appraisal Retail 146

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

McKissock

AUGUST 21, 2020

USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. FREE GUIDE : Simplify the valuation process with this free Valuation Process Road Map. Reporting requirements. It’s also a good idea to review the appraisal reporting requirements. Scope of work disclosure.

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Appraisal Appraisal Process Clients Development 92

Boston Appraisal

MAY 27, 2019

After a death, it is often necessary to establish an exhaustive list of the deceased’s possessions, including what is often the most valuable asset: real property. Knowledge Is Power: A Summation of the Estate Valuation Process. What Is an Estate Appraisal? Secondly, the heirs, executor, or attorney should order an appraisal.

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Appraisal Real Estate Valuation Market Value 78

Valuation Review

NOVEMBER 8, 2021

This is in conjunction with policies established by The Appraisal Foundation’s Appraisal Standards Board and the Appraiser Qualifications Board.

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Appraisal Legal Property Appraisal Real Property 78

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

McKissock

MAY 26, 2023

” Offer more valuation products (11%) Another recommended strategy is to offer more valuation products in addition to traditional appraisals, such as desktops, hybrid appraisals, evaluations, etc. Fortunately, there is still so much opportunity in this industry! ” “Expand [your] market.”

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Real Estate Appraisal Marketing Business 64

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.

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Appraisal Real Estate Appraisal Process Real Property 78

McKissock

JUNE 22, 2021

In this job aid, we’ve compiled several recommendations shared by a hearing officer, a property assessor, and appraisers who regularly perform real property assessment appeal assignments. Job aid: Big Box Retail Valuations. This job aid provides in-depth guidance on appraising a big box retail property.

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Reconsideration of Value Appraisal Real Estate Retail 52

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 112

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

Cleveland Appraisal Blog

NOVEMBER 11, 2021

However, I believe that they’ve put too much value in their “values” Valuation is not their expertise. ” I wonder what would have happened if they had hired appraisers to appraise the homes they were buying, and relied upon a professional real property appraisers’ opinion of value when making their decisions?

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Market Value Valuation Appraisal Real Estate 364