Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. The process can take even longer if the buyer or seller requests a second appraisal.

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Inspection Appraisal Appraisal Process Buyers 459

Housing Wire

MAY 25, 2021

Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage. A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

Appraisal Buzz

DECEMBER 9, 2024

Below is a detailed explanation of each technique to ensure the adjustments are well-supported and align with market trends. The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process.

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Appraisal Marketing Valuation Tools 358