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Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on realproperty, all at no additional cost and integrated with their MLS platforms,” read the March release.
These two terms are often used interchangeably by appraisers and clients, but under the GSEs’ new definitions, they are different types of assignments. A Hybrid appraisal is defined as, “An appraisal assignment consisting of a desktop appraisal for which the scope of work includes reviewing a recent interior/exterior property data report.”.
This is especially true because as an appraiser you are pulled in many different directions at once, you’re busy, and sometimes you get clients who don’t want to pay you a lot of money. Such an attitude is a recipe for disaster because, in many cases, complaints are filed years after the appraisal is completed and transmitted to the client.
In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the RealProperty Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Sold 4/1/2013 for $998,000. McKissock Survey.
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