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Will hybrid appraisals become the new normal?

Housing Wire

According to FHFA director Mark Calabria, modernizing the appraisal process has the potential to create a more “streamlined and accurate collateral valuation process.” The comments we receive will inform how we will modernize appraisals to improve both loan quality and the origination process.”.

Appraisal 482
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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “The definition of market value.”

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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

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7 Mistakes Real Estate Agents Should Avoid

Birmingham Appraisal

Tips To Make An Agent’s Life Easier The job of a real estate agent is extensive. There was a popular post that many agents were sharing on Facebook recently that listed all of the hats that an agent must wear. This can cost the borrower more and possibly delay the closing.

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Asteroom Announces Launch of New Desktop Appraisal Solution for Appraisal Management Companies

Appraisal Buzz

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours. The property can be visited the same day the order is placed so that data is provided to the appraiser the next day.

Appraisal 195
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Human Expertise vs. AI in Appraisal Management: Which Delivers Better Results?

AmeriMac

Their well-rounded approach combines numerical data with personal observations to provide a comprehensive assessment crucial in the complex real estate market. This method relies on finding comparable properties (comps) and adjusting for differences.

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The Home Appraisal Process: 6 Words You Should Know

East Coast Appraisal

If you are buying a home, your mortgage company orders the appraisal and you receive a copy of the URAR with your closing paperwork, if not sooner. If you are selling a property, you do not receive a copy of the appraisal. Real estate agents and appraisers often say they are going to run the comps.