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

Housing Wire

APRIL 18, 2024

With AI’s capacity to perform complex reasoning and manage autonomous operations, it is critical to explore how this technology can reshape industry standards, enhance operational efficiency, and how we as an industry manage its inherent risks. Many AI solutions are scalable and affordable, catering to lenders and AMCs of all sizes.

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Appraisal Mortgage Appraisal Process Tools 450

Housing Wire

MARCH 1, 2023

“The process encourages the use of emerging technologies to capture property information, imagery, and floor plans.” I think that not only drives this program, but paves the way for a better appraisal process when an appraisal is needed.” The whole home has to be scanned to produce a digital floorplan.”

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Appraisal Valuation Appraisal Process Technology 483

Appraisal Buzz

JULY 8, 2024

We have seen new ways of creating the same product, new technologies, new consumer preferences – the demands of time and money have hastened these changes. During this period, the demand for appraisals far exceeded the capacity of appraisers to complete them. Some of these have been around for many years.

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Modernization Inspection Appraisal Technology 367

Housing Wire

MAY 10, 2023

Real estate valuation technology company Clear Capital announced on Wednesday that it has expanded its partnership with ValueLink , a valuation management platform, to offer better support for appraisal modernization policy changes. Clear Capital is a national real-estate valuation technology company.

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Valuation Modernization Technology Appraisal 396

Housing Wire

JANUARY 18, 2023

Both types of initiatives are important, but no one seems to be talking about how we can get more production out of our current set of appraisers. The quickest way to ensure a faster appraisal process is going to be to learn how to work with valuation providers as partners in the process rather than the way most appraisers feel, adversaries.

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Appraisal Reconsideration of Value Appraisal Process Technology 398

Housing Wire

OCTOBER 29, 2024

The UPD is an interior and exterior property data collection conducted by a trained professional, recording 120 standardized property attributes, 40-60 photographs, and generation of an ANSI-compliant floor plan. UPDs will become a standard part of appraisals, further modernizing the appraisal process.

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Appraisal Valuation Modernization Appraisal Process 456

Housing Wire

SEPTEMBER 13, 2022

Even recently, with technologies like virtual tours or dollhouse-style immersive walkthroughs that provide floor plans, those services can be expensive and require special training and equipment and take a long time to collect data, Allen explains. And properties in the United States are very large and complex.”.

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Training Technology Buyers Sellers 419

Clear Capital

MAY 3, 2022

We deliver a desktop appraisal lenders can trust by pairing innovative technology with our nationwide network of experienced property data collectors and appraisers. Desktop Data Collection is a technology-supported property data collection service for Desktop Appraisals.

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Appraisal Process Appraisal Training Technology 67

Housing Wire

SEPTEMBER 23, 2021

The two are well acquainted – Clear Capital already utilized CubiCasa’s digital gross living area technology. The partnership will allow CubiCasa’s automated floor plan sketching technology to integrate with Clear Capital’s ClearInsight Platform, a mobile property data collection application.

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Valuation Technology Appraisal Modernization 398

Housing Wire

MARCH 10, 2023

For the new value acceptance plus property data option, third parties are authorized to do that collection at the property site, as long as lenders verify that they have a background check, have been “professionally trained” and are competent to do that collection. “Shift NOW as much appraisal work as possible away from Fannie Mae. .”

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Valuation Inspection Training Appraisal 398

Housing Wire

AUGUST 23, 2022

We have been very active in hybrid appraisal pilots and we have seen the benefit of providing accurate, digital data about the property to the appraiser, which has been crucial to adoption. Like every new process, education, training, and technology are key to success.

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Appraisal Modernization Appraisal Process Technology 365

Appraisal Buzz

AUGUST 8, 2022

Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. Fannie Mae recognizes the benefits of a more diverse appraiser workforce.

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Appraisal Training Appraisal Process Business 397

Appraisal Buzz

JULY 13, 2022

Launching a national network for property condition reports, 3D tour technology brings lightning turnaround, industry-leading accuracy and a better borrower experience to property data collection. Asteroom’s technology has been extensively vetted for property dimensional accuracy. San Francisco, CA–Asteroom Inc.

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Real Estate Agent Technology Real Estate Appraisal Process 195

Housing Wire

APRIL 30, 2022

Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa. Duane Andrews, CEO, Clear Capital.

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Appraisal Valuation Technology Real Estate 369

Housing Wire

JULY 12, 2022

When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Tomaszewski, who worked to turn his idea into ProxyPics. It’s a model in stark contrast to that of inspections for traditional appraisals.

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Appraisal Inspection Real Estate Agent Training 436

Housing Wire

AUGUST 31, 2020

Finding an appraisal management software for real estate and commercial that works the way each individual lender does is difficult – usually resulting in time-consuming configurations, development work and training. The interface is so easy to navigate that lenders need almost no training.

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Appraisal Training Real Estate Design 396

Appraisal Buzz

AUGUST 12, 2024

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. Frankly, it’s a much more efficient process anyway.

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Appraisal Inspection Lending Training 370

Housing Wire

MARCH 23, 2021

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: How and why has appraisal management technology evolved over the past year?

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Appraisal Valuation Inspection Modernization 403

Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

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Appraisal Design Lending Technology 397

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.

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Appraisal Process Modernization Appraisal Valuation 450

Housing Wire

JUNE 7, 2021

Recently, at an event marking the 100th anniversary of the Tulsa Race Massacre , President Biden announced the launch of a new interagency task force to root out what it calls inequity in the appraisal industry. The post Is the appraisal process color-blind? Third : The efforts to automate property valuation should be enhanced.

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Appraisal Process Appraisal Decorating Valuation 493

Appraisal Buzz

OCTOBER 25, 2021

The appraisal industry was front and center at this show and most of the appraisal discussion centered around three specific topics: Technology, Trainees, and Diversity. Going forward, they will make risk-based decisions as to the level of appraisal needed. Appraisal Technology was front and center at this show.

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Technology Appraisal Inspection Appraisal Process 150

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. If anyone has been in the appraisal industry for a while they do know that it has been changing with technology. Tools for Desktops/Hybrids.

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Inspection Tools Appraisal Technology 151

Housing Wire

APRIL 27, 2021

The industry begins the mammoth task of rebuilding its systems, technology, processes, and product to support this new approach in 2022/2023. No doubt, investment in modernization is needed in the appraisal process. The changes will impact just about everything and everyone in the collateral valuation space.

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Modernization Appraisal HOA Valuation 285

McKissock

FEBRUARY 17, 2023

Be proactive during the interview process by doing your homework and asking good questions to ensure you pick the right supervisor. Here are seven interview questions to help you choose a supervisory appraiser and set yourself up for a successful training experience. What to ask a potential supervisory appraiser 1.

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Appraisal Training Modernization Technology 56

McKissock

MARCH 24, 2022

Address potential bias in the use of technology-based valuation tools through rulemaking related to Automated Valuation Models (AVMs). Update appraiser qualification criteria related to appraiser education, experience, and examination requirements to lower barriers to entry in the appraiser profession.

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Valuation Property Appraisal Training Appraisal 91

Housing Wire

MAY 25, 2021

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. Navigating appraisal challenges in today’s housing market.

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Appraisal Valuation Real Estate Modernization 368

Realtor

MAY 15, 2023

And in 2018, Fannie Mae began testing its hybrid appraisal, a method it had worked on for years to speed up and modernize the traditional appraisal process. But the hybrid appraisal really took off when the COVID-19 pandemic struck in 2020. The fact that hybrid appraisers have a high standard to meet might reassure you.

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Appraisal Real Estate Appraisal Process Market Value 107

McKissock

FEBRUARY 17, 2023

Be proactive during the interview process by doing your homework and asking good questions to ensure you pick the right supervisor. Here are seven interview questions to help you choose a supervisory appraiser and set yourself up for a successful training experience. What to ask a potential supervisory appraiser 1.

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Appraisal Training Modernization Technology 52

Clear Capital

MAY 15, 2023

Could something get missed if the appraiser isn’t on-site and relying on third-party vendors? The fact that hybrid appraisers have a high standard to meet might reassure you. VIEW ORIGINAL ARTICLE The post The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?

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Appraisal Appraisal Process Training Government 64

Birmingham Appraisal

AUGUST 2, 2023

Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession. It’s imperative to choose an appraiser who is certified and licensed in the state they appraise in. A licensed appraiser demonstrates commitment and accountability to their clients and the industry.

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Appraisal Agents Valuation Real Estate 76

Clear Capital

JULY 14, 2023

Inspection-based appraisal waivers — filling the gaps in traditional waivers For many years, there have only been two options for lenders — a traditional appraisal or an appraisal waiver. Now, Fannie Mae and Freddie Mac offer inspection-based appraisal waivers. How do inspection-based appraisal waivers work?

Appraisal 60

Appraisal Inspection Real Estate Agent Training 60

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. If anyone has been in the appraisal industry for a while they do know that it has been changing with technology. Tools for Desktops/Hybrids.

Inspection 78

Inspection Tools Appraisal Technology 78

Clear Capital

FEBRUARY 2, 2022

Today’s announcement from Fannie Mae — the incorporation of 1004 Desktop appraisals into their Selling Guide for many new purchase loans — is a big step forward in the journey to a fully modern appraisal process. We applaud this move and are dedicated to supporting lenders in the adoption of 1004 Desktop appraisals.

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Modernization Appraisal Inspection Appraisal Process 69

Clear Capital

MAY 10, 2023

Clear Capital’s UDC property data collection solution provides lenders with interchangeability and less complexity in loan management, as well as ease of adoption by integrating with ValueLink’s appraisal management platforms. Our goal is to provide customers with a complete understanding of every U.S.

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Modernization Appraisal Valuation Real Estate 67

Clear Capital

JULY 28, 2021

Now’s the time for appraisers to get on board with techniques and innovations that can complement their expertise – and ultimately lighten their load. That starts by first addressing the elephant in the room: the feeling by many appraisers that they are devalued by modernization and less involved in the appraisal process.

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Modernization Appraisal Training Technology 69