Housing Wire

NOVEMBER 22, 2023

Another example is the LIDAR that’s now available on iPhones, which adds a whole other dynamic to developing point cloud technology to gather measurements and spatial information about anything that you’re scanning. You can now glean condition and quality information through image recognition. SR: We’ve leveraged AI for years.

Appraisal 448

Appraisal Technology Modernization Real Estate Agent 448

Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac. ACE+ PDR was originally a temporary offering. “It

Valuation 369

Valuation Modernization Training Appraisal Process 369

Housing Wire

JULY 22, 2024

Well established and effective quality control programs contribute to community stability by promoting responsible lending practices and ensuring the accuracy of the data obtained through the property appraisal process.

Lending 447

Lending Tools Investors Inspection 447

Appraisal Buzz

MAY 13, 2024

Today all of the MLS listing data we need to complete an appraisal is at our fingertips along with tools to help us better understand the data. Tools that can complete regression analysis, aggregate large data sets, and create heat maps are all available online.

Appraisal 347

Appraisal Appraisal Process Technology Tools 347

Housing Wire

OCTOBER 18, 2022

Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets. Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S.

Valuation 435

Valuation Modernization Real Estate Appraisal 435

Boston Appraisal

JULY 13, 2024

Creating an effective MLS (Multiple Listing Service) listing is crucial for attracting potential buyers and expediting the appraisal process. A well-crafted listing not only highlights the property’s best features but also provides essential information that can streamline the entire transaction.

Appraisal Process 147

Appraisal Process Buyers Appraisal Legal 147

Appraisal Buzz

APRIL 8, 2024

This means that instead of relying on a single entity (like a bank) to keep track of transactions, blockchain distributes this information across multiple nodes. For those keen on leveraging the best AI tools to understand blockchain’s potential further, AIToolWise offers a plethora of resources.

Technology 418

Technology Appraisal Valuation Supply Chain 418

Housing Wire

OCTOBER 4, 2023

For investors, we can assist with finding problematic appraisals and evaluating them for a potential putback using the same process. HW: How is artificial intelligence being integrated into the property valuation and appraisal process?

Valuation 435

Valuation Appraisal Process Appraisal Lending 435

Housing Wire

SEPTEMBER 23, 2021

Others don’t provide appraisers with accurate enough data. Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. The post Are remote appraisals here to stay?

Appraisal 397

Appraisal Inspection Technology Appraisal Process 397

Appraisal Buzz

DECEMBER 9, 2024

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. Additionally, appraisers can use statistical tools to identify outliers and focus on sales that exhibit consistent market patterns.

Appraisal 358

Appraisal Marketing Valuation Tools 358

Appraisal Buzz

NOVEMBER 1, 2024

This new partnership helps revolutionize the appraisal review process by increasing efficiency, reducing costs and improving overall quality control. Certainty , a crucial tool for lenders and valuation providers, will now leverage Restb.ai’s powerful AI technology to enhance its capabilities. customers/appraisals-inspections.

Appraisal 221

Appraisal Valuation Inspection Valuation Review 221

Housing Wire

AUGUST 31, 2020

The on-demand reporting of standard and customized fields means clients have up-to-date information at their fingertips and a single system of record-keeping, allowing them to make decisions quickly. The post Global DMS transforms appraisal management software appeared first on HousingWire.

Appraisal 397

Appraisal Training Real Estate Design 397

Housing Wire

JULY 12, 2022

John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner. We now will have our first training group that will be intensely focused on just spreading the word, getting information out to lenders, veterans and real estate agents.

Modernization 370

Modernization Appraisal Process Appraisal Training 370

Housing Wire

APRIL 27, 2021

.” The GSEs have been working to gather feedback on their proposed ideas and approach to appraisal reporting formats from various industry stakeholders for the past couple of years. Based on these classifications, additional information would be input. No doubt, investment in modernization is needed in the appraisal process.

Modernization 347

Modernization Appraisal HOA Valuation 347

Housing Wire

DECEMBER 29, 2020

. “Ultimately, Mandatory Analytics delivers the kind of actionable intelligence needed to make informed execution strategy shifts that result in greater returns.”. One of the best tools that mandatory investors have at their disposal is access to precise, accurate and timely data.”.

Mortgage 417

Mortgage Investors Technology Real Estate Agent 417

Appraisal Buzz

AUGUST 8, 2022

Fannie Mae has long allowed and encouraged the participation of trainees in the appraisal process. More details on trainee participation can be found on page 3 of our December 2021 Appraiser Update newsletter. From the outset, appraiser trainees have already taken at least 78 hours of education to qualify for trainee licensure.

Appraisal 397

Appraisal Training Appraisal Process Business 397

Appraisal Buzz

JULY 15, 2024

Much of this information might be passed on from the client or the AMC. When this initial section is complete, the rest of the screens for data entry and analysis would be dynamically created and then presented as a static “form,” like the way appraisers work today.

Appraisal 363

Appraisal Design Appraisal Process Valuation 363

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

Real estate agents are typically the individuals who provide information in the MLS. It is incredibly important that the information they input into the MLS is accurate. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value.

Agents 373

Agents Appraisal Renovations Development 373

Appraisal Buzz

DECEMBER 2, 2024

This is a concept not unfamiliar to the real estate appraisal professional. Long answer: There is no expectation or requirement that every appraisal is to include a graphic identical, or even similar, to what was presented as an example in the FNMA advisory. This has been independently verified with the source.

Marketing 352

Marketing Appraisal Development Market Value 352

DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

Appraisal Buzz

FEBRUARY 7, 2022

Up until recently, mortgage lenders and stakeholders, for the most part, did not have the ability to vary scope of work of appraisal assignments; Full Appraisals were the standard product. We live in a world that is transitioning from the Information Age to the Digital Age. Appraisers rely on standards of practice and processes.

Appraisal 435

Appraisal Inspection Development Technology 435

Housing Wire

OCTOBER 26, 2020

When COVID-19 complicated the appraisal process, Xome was able to direct its lender clients to its contactless valuation option via a mobile app. In these situations, Inspex can be paired with an appraiser-completed exterior inspection. For more information on what Xome can do for you, visit www.xomesolutions.com.

Clients 397

Clients Valuation Technology Inspection 397

Housing Wire

MAY 2, 2021

With an increased demand for appraisals across the country, the need for efficiency during the appraisal process is greater than ever. Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states.

Valuation 221

Valuation Appraisal Appraisal Process Technology 221

Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

Appraisal Buzz

JANUARY 24, 2022

But if appraisers cede the inspection to someone or something else, that lowers their importance in the overall process and reduces their value (and compensation), while reducing the overall integrity of the report. This will make the remote appraisal process even faster! RemoteVal is totally different.

Appraisal 370

Appraisal Inspection Technology Valuation 370

McKissock

JUNE 17, 2022

Below are five remote inspection tools worth looking into. The following information is based on descriptions available online, provided by the product owners/developers. Another virtual inspection tool is HomeView by ValueLink, launched in July 2020. Next on the list of of remote inspection tools is Anow Walkthrough.

Inspection 75

Inspection Tools Appraisal Technology 75

Appraisal Buzz

AUGUST 12, 2024

Appraisers can prepare for this change by using those tools right now. All the major software vendors have mobile applications for the current forms and process. Appraisers should start using mobile devices in their practice right now to become familiar with the technology.

Appraisal 370

Appraisal Inspection Lending Training 370

Cleveland Appraisal Blog

NOVEMBER 3, 2022

I recommend having some information about your experience and skills, but also some resources that will be helpful to potential clients. As an appraiser, you probably know how to create charts and visuals for appraisal reports. As appraisers, we know! Share that information. Everyone’s market is different.

Business 393

Business Appraisal Real Estate Agent Lending 393

Housing Wire

MAY 31, 2021

And, the impact of the pandemic has complicated this process even further. Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery.

Inspection 221

Inspection Valuation Real Estate Real Estate Agent 221

Appraisal Partners Blog

JANUARY 12, 2025

From digital data collection to sophisticated analytical software, technology is reshaping how appraisals are conducted, impacting both the speed and accuracy of valuations. Its important to understand how technology is impacting the industry, and to see how its creating a more efficient and accurate valuation process.

Modernization 78

Modernization Technology Appraisal Valuation 78

DW Slater Company

FEBRUARY 24, 2022

FannieMae and Freddie Mac both announced early this year the implementation of the use of Desktop Appraisals beginning in March. There has been much discussion and questions regarding these products so I thought I would share some information and thoughts on the topic. Tools for Desktops/Hybrids. Not All Properties Qualify.

Inspection 154

Inspection Tools Appraisal Technology 154

DataMaster

SEPTEMBER 29, 2023

DataMaster’s proprietary SAAS-based workflow tool helps drive efficiencies in the appraisal process by shortening turn times and increasing accuracy via automation, resulting in improved throughput and earning potential for appraisers. For more information, please visit classvaluation.com.

Valuation 148

Valuation Real Estate Modernization Appraisal Process 148

AmeriMac

MAY 30, 2024

In this comprehensive guide, we will delve into the world of desktop appraisals, exploring their definition, key characteristics, and the differences between desktop and traditional appraisal. Desktop appraisals are a type of appraisal that relies heavily on property data collection and analysis, rather than physical inspections.

Appraisal Process 36

Appraisal Process Appraisal Inspection Real Estate 36

Clear Capital

AUGUST 30, 2021

Clear Capital , a real estate valuation and analytics fintech leader, today announced that its ClearInsight app was named “Property Valuation Tool of the Year” in the inaugural 2021 PropTech Breakthrough Awards. For more information, visit PropTechBreakthrough.com. August 30, 2021 —. About Clear Capital. Media Contact.

Valuation 74

Valuation Tools Real Estate Technology 74

Appraisal Today

MAY 17, 2024

What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” To read more about the 4 ways, plus information on why I take ads, etc.

Tools 64

Tools Appraisal Renovations Design 64

Appraisal Buzz

JULY 29, 2024

In 2016, I took the leap and started Valcre with my co-founders because we could see that appraisers across the profession were not equipped with the right tools, resulting in a lengthy, error-prone appraisal process. We wanted to help appraisers by giving them access to a better, more advanced toolset.

Appraisal 195

Appraisal Technology Valuation Tools 195

AmeriMac

JANUARY 30, 2024

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This professional and attentive approach guarantees the accuracy and reliability of the appraisal.

Appraisal Process 36

Appraisal Process Mortgage Appraisal Appraisal Mortgage 36