Housing Wire

DECEMBER 7, 2023

6 months course access Ridgeline: All features of Base + Livestream option and Forms Training 101. Visit Website Overview The Lee Institute School of Real Estate combines professional instruction and video format training to make the concepts of the real estate business more digestible and engaging. 25 hrs livestream access.

Real Estate 434

Real Estate Real Estate Agent Law Brokerage 434

Birmingham Appraisal

NOVEMBER 20, 2024

Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am. In a sales transaction, there is one additional piece of data and that is the contract price.

Real Estate 91

Real Estate Appraisal Inspection Contracts 91

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

Sellers 87

Sellers Real Estate Appraisal Appraisal Process 87

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. On a more positive side, I have done thousands of drive by appraisals since 1986.

Appraisal 86

Appraisal Training Inspection Real Estate 86

Dart Appraisal

APRIL 30, 2021

Once the party or parties have signed the engagement letter or indicated acceptance of an appraisal order, the letter or correspondence to an appraiser serves as a contract. Ensuring that these details are correct at the beginning of the assignment helps to avoid costly and time-consuming misunderstandings later in the process.

Contracts 69

Contracts Appraisal Tips Appraisal Clients 69

Birmingham Appraisal

FEBRUARY 20, 2024

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

Agents 94

Agents Appraisal Real Estate Agent Bracketing 94

Housing Wire

NOVEMBER 30, 2021

Regardless of the size or complexity of a system or process, it is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% All people.

Appraisal Process 448

Appraisal Process Modernization Appraisal Valuation 448

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Today, many newer commercial appraisers start with large companies, especially large brokerages. Others are not.

Appraisal 80

Appraisal Contracts Training Architecture 80

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines. I don’t know if Realtors can be re-trained to see value rather than price. They provide CMAs, etc.,

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Appraisal Today

FEBRUARY 28, 2025

If this seems overwhelming to you or other post-licensing appraisers, it is not your fault. Almost all had poor training and classes. I was unable to refer wannabes to professional associations as they only wanted classes for members, not for new appraiser. Changing what you learned when you started is very difficult to do.

Appraisal 54

Appraisal Real Estate Contracts Training 54

Appraisal Today

APRIL 12, 2024

Senators Cramer, Tester Introduce Bipartisan Legislation to Improve Home Appraisal Process in Rural Areas Excerpts: “Across rural America, housing markets have a shortage of trained appraisers,” said Cramer. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.80

Appraisal 77

Appraisal Construction Contracts Architecture 77

Appraisal Today

JUNE 21, 2024

It tells us more about the trend one month ago when the property got into contract. This is where we want to give strong respect to other similar units that are getting into contract. A University of Texas-trained lawyer and activist called Zixta Q. The average contract interest rate for 5/1 ARMs increased to 6.45

Appraisal 69

Appraisal Architecture Contracts Design 69

AmeriMac

JANUARY 3, 2022

A home appraisal is an opportunity to have an objective third party enter the situation – one who is not affiliated with either person – to provide an accurate representation of what the home is actually worth. A home appraiser is someone who has been both licensed and trained who physically visits the property in question.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

A home appraisal is an opportunity to have an objective third party enter the situation – one who is not affiliated with either person – to provide an accurate representation of what the home is actually worth. A home appraiser is someone who has been both licensed and trained who physically visits the property in question.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

Appraisal Today

SEPTEMBER 20, 2024

What’s the Difference Between Sale Price and Appraised Value?… … If a property is under contract for purchase at $450,000 and an appraiser provides a market value appraisal of $425,000 for the property, the $450,000 sale price is a fact, while the $425,000 appraised value is the appraiser’s opinion.

Appraisal 73

Appraisal Business Contracts Real Estate 73

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? The basic process involves making an observation, forming a hypothesis, making a prediction, conducting an experiment, and finally analyzing the results.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

DECEMBER 23, 2022

If appraisers are required to use any arbitrary number, the result will be less than optimal. 2) Appraiser training to reflect this simple data analysis rule; and 3) standards and user requirements (such as the GSE’s) that require this basic data science issue to be evaluated in every appraisal. Don Quixote? ==.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. Jeff Allen. Kenon Chen.

Sellers 69

Sellers Agents Real Estate Appraisal 69

Housing Wire

JANUARY 11, 2022

“This means looking at our processes and approach, recruiting more appraisers of color and women, ensuring consumers know their rights, and reinforcing ethics, education, and training,” said Schley. But Schley also cast doubt on whether the bias references came from appraisers. “We

Appraisal 418

Appraisal Training Real Estate Appraisal Process 418

Appraisal Today

SEPTEMBER 9, 2022

How does the appraiser get through such anti-appraiser gyrations? However, this author is optimistic that process changes from each of the root causes for revisions have had some level of contribution to the decline. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 5.61

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. But for all the weaknesses amongst appraisers, who is training the average property data collector on this stuff?

Appraisal 369

Appraisal Valuation Inspection Law 369

Appraisal Buzz

DECEMBER 2, 2024

This is a concept not unfamiliar to the real estate appraisal professional. The more we build confidence in our services, the better the chances of sustaining our roles in the mortgage decision-making process.

Marketing 352

Marketing Appraisal Development Market Value 352

Appraisal Today

NOVEMBER 22, 2024

Newz: New URAR Training, “Death Stairs”, Catastrophe and Climate Risk November 22, 2024 What’s in This Newsletter (In Order, Scroll Down) LIA Buyer says value too high The Rise of the ‘Death Stairs’! As appraisers we are trained to look at the past (comps). But if you always look at the past, you can’t see the future.

Appraisal 80

Appraisal Training Contracts Mortgage 80

Clear Capital

JANUARY 5, 2023

.” To arrive at a home’s value, a qualified appraiser traditionally performs an in-person inspection to assess things like amenities and conditions, then uses this information along with an analysis of comparable nearby home sales. The task force also proposed a set of policy changes to advance racial equity in the appraisal process.

Appraisal 69

Appraisal Modernization Valuation Appraisal Process 69