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To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisalprocess.
From having to manage high volumes to finding innovative ways to appraise homes while maintaining distance, it’s no secret appraisers faced challenges during the beginning of the coronavirus pandemic. RemoteVal, by Incenter, replicates the process an appraisal already does. For more information on RemoteVal, click here.
Appraisers have experienced many challenges in the last couple of years. From juggling high volume demand for appraisals in the middle of a pandemic, appraisers had to radically change their processes. Remote inspections have the power to make homeowners and appraisers more comfortable. Introducing RemoteVal.
Our most recent series focused on the obsolescence of the traditional appraisalprocess. The primary cause of the obsolescence is the shift from subjective onesey-threesy methods of picking comps – to immediate electronic download of […]. The post Why Universal Standards?
Previously, we asked our real estate appraisal community, “What’s your favorite part of the appraisalprocess ?” This time, we asked appraisers, “What part of the appraisalprocess do you find the most challenging? What part of the appraisalprocess do you find the most challenging?
Different types of appraisals call for different needs. As an appraiser, you are the most qualified to make choices regarding an appraisal. With the advent of the hybrid appraisal, it seems that the need for comp photos has become obsolete. How long have you been appraising? What about in regards to comp photos?
Desktop Appraisal & Desktop Data Collection APIs are now available! Today we’re excited to announce the launch of our Desktop Appraisal solutions APIs — a new way to easily integrate and order our Desktop Appraisal and Desktop Data Collection (DDC) services without leaving your existing workflow system. specifications.
I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. To make a long story short, this man felt like the first appraisal had come in lower than it should have. Real-estate agents, homeowners, appraisers – we’re all human.
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 appraisalprocess?” Thank you to the large number of appraisers who shared their input! ” “That it’s a process that requires a good amount of time.”
Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.
Green homes require special consideration during the appraisal and appraisal report review processes, given that they are typically unique to a subject neighborhood. Here are five tips for appraising green homes that you can use as guidance. Free guide: Want more tips for appraising green homes? Did you know?
McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career.
Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. Attend 2 monthly online live Fast Track classes, full weekend days only. Attend online live Zoom class.
Top earners in the appraisal profession are those who consistently bring in new clients. Start by fostering good relationships with your appraisal customers. Always deliver your appraisal reports on time, and do not accept an assignment if you’re unsure whether you can deliver by the required deadline.
Here at McKissock, our Unlimited Learning Members enjoy 24/7 access to a wide variety of online resources for real estate appraisers. These include appraisal webinars, job aids, checklists, classes, and much more. Below is a list of five useful appraisal technology webinars available right now in our membership toolkit.
A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity. Registration is now open for the 2023 Appraiser’s Conference and Trade Show (ACTS). Read on for more appraisal news.
Watch our panel session from IMN Jumbo Mortgage Loan Virtual Symposium to hear the panelists discuss housing market trends, changes in the appraisalprocess, forecasting home prices, and how housing migration is affecting the jumbo market.
The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP), now available online , comes with a first-of-its-kind reference manual designed to help you quickly find answers to your USPAP-related questions. The following outlines some of the reference manual features. Organization.
Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. Learn more in our free guide, The ROI of Professional Development for Appraisers.
Looking for ways to compete in the appraisal industry? This month we asked our appraisal community, “What differentiates you from other real estate appraisers?” Read the responses below to learn how 75+ individual appraisers stand out from the competition. Approach to the appraisalprocess.
Here at McKissock, our Unlimited Learning Members enjoy 24/7 access to a wide variety of online resources for real estate appraisers. These include appraisal webinars, job aids, checklists, classes, and much more. Below is a list of five useful appraisal technology webinars available right now in our membership toolkit.
A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity. Registration is now open for the 2023 Appraiser’s Conference and Trade Show (ACTS). Read on for more appraisal news.
A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity. Registration is now open for the 2023 Appraiser’s Conference and Trade Show (ACTS). Read on for more appraisal news.
How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisalprocess. It may make it difficult for you, the appraiser, to know how to classify the subject property. There were no foreclosure sales needing appraisals!
A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisalprocess, specifically gathering information on the subject property prior to doing the inspection. The main purpose of the questionnaire is to gather information that might otherwise be difficult to obtain.
A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisalprocess, specifically gathering information on the subject property prior to doing the inspection. The main purpose of the questionnaire is to gather information that might otherwise be difficult to obtain.
Before you buy a home or refinance a mortgage, your property will most likely need to go through the appraisalprocess. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. Downloadable Guides.
Guide your buyer through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, appraisalprocess, and final walk-through. Managing the transaction between pending and closing can be the most challenging part of the home purchase process.
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