Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. Made to order.

Appraisal 435

Appraisal Inspection Real Estate Agent Training 435

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

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Business Appraisal Real Estate Agent Lending 394

Housing Wire

DECEMBER 4, 2023

We’re writing today to address the unintended consequences that may result from the real estate agent commission dilemma stemming from recent lawsuits. There are multiple lawsuits challenging the prevailing structure of real estate agent commissions, and, as a result, there is no shortage of industry conversation on the topic.

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Real Estate Agent Real Estate Sellers Agents 468

Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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Modernization Real Estate Agent Appraisal Process Reconsideration of Value 83

Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. For example, appraisal turn time has swelled 65% from 2018, according to recent data published by Freddie Mac. Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage.

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Appraisal Valuation Real Estate Modernization 370

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. Real estate agents are typically the individuals who provide information in the MLS. For instance, say I am appraising a home with one thousand square feet of above grade living area.

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Agents Appraisal Renovations Development 378

Housing Wire

JULY 17, 2024

A newly released episode of the Real Estate Insiders Unfiltered Podcast explores the future state of buyer and seller relationships in the housing market after the National Association of Realtors ‘ (NAR) business practice changes take effect Aug.

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Sellers Real Estate Buyers Legal Fees 458

Birmingham Appraisal

DECEMBER 17, 2024

Tips To Ensure a Successful Appraisal When it comes to the home appraisal process, providing complete and accurate information is critical for a successful appraisal. Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations.

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Appraisal Easement Real Estate Agent Valuation 76

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. If we can check those boxes, we succeed.

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Valuation Modernization Training Appraisal Process 368

Housing Wire

MARCH 10, 2023

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.”

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Valuation Inspection Training Appraisal 397

Boston Appraisal

JULY 13, 2024

Creating an effective MLS (Multiple Listing Service) listing is crucial for attracting potential buyers and expediting the appraisal process. This allows both a potential buyer and the appraiser to see where this property falls within the real estate market.

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Appraisal Process Buyers Appraisal Legal 147

Housing Wire

AUGUST 21, 2023

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time.

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Real Estate Real Estate Agent Technology Investors 370

McKissock

JANUARY 31, 2023

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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Real Estate Agent Real Estate Agents Appraisal 97

Realtor

SEPTEMBER 19, 2023

Getty Images Home appraisals are a piece of the selling process where you may have to let go of the reins. Lenders often require the use of their own, FHA-approved home appraiser. Here are some things sellers can do—straight from the home appraisers’ mouths—to navigate the process of home appraisals.

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Appraisal Sellers Real Estate Agent Appraisal Process 189

Appraisal Buzz

APRIL 19, 2022

3D tour technology reveals a new efficient and accurate way to gather data by launching a national network to collect data to complete desktop appraisals. Appraisers prefer Asteroom’s data because it includes a 3D tour that allows the appraiser to view the property remotely in its entirety for accurate and reliable appraisal results.

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Appraisal Inspection Valuation Real Estate Agent 195

Housing Wire

JULY 9, 2021

Homebuyers and sellers contend with a variety of entities — banks, insurance companies, mortgage servicers, appraisal companies, title providers, agents, brokerages, and even real estate marketers— and the process can be labyrinthine to even those who have gone through it before. Technology plays a big role.

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Real Estate Business Valuation Technology 476

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’ve also done a lot of work in appraisals and trying to reduce the time that it takes not only to assign an appraisal to an appraiser, but also the time an appraisal is delivered to us.

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Modernization Appraisal Process Appraisal Training 370

Appraisal Today

SEPTEMBER 6, 2024

Newz: Disturbing AMC Violations, Appraiser and Real Estate Agent Communication September 6, 2024 What’s in This Newsletter (In Order, Scroll Down) Top 10 Things Appraisers Wish Real Estate Agents Understood Divorce Appraisal Red Flags Carmel’s Iconic and Artistic ‘Owl House’ $3,750,000 Housing Market Update: August 2024 Please!

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Real Estate Agent Real Estate Appraisal Agents 92

Birmingham Appraisal

JANUARY 29, 2025

Brush Up On Your Appraisal Knowledge Most people have a basic understanding of the appraisal process. If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. By analyzing all three, appraisers get a well-rounded view of the markets activity.

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Appraisal Appraisal Process Valuation Buyers 63

Housing Wire

DECEMBER 21, 2023

This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. MYTH: The appraisal process for VA loans is more stringent and difficult than conventional loans. Who is eligible?

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Mortgage Renovations Appraisal Process Finance 468

Appraisal Buzz

MAY 9, 2022

It is no secret that log homes do not appraise well. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? Many appraisers in urban areas like Chicago believe that the log home market is irrelevant and is not worth exploring.

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Valuation Legal Construction Appraisal 396

Housing Wire

NOVEMBER 8, 2021

But because inventory remains at record lows, home prices have soared to astonishing highs, and bidding wars still occur in housing market across the country, Pascoe and other real estate agents on the buy-side have had to go the extra mile to fight for their VA clients. Terms are also really important.

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Clients Agents Buyers Sellers 418

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

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Real Estate Agent Real Estate Agents Appraisal 85

Midtown Appraisal Group

JUNE 22, 2021

Until the pandemic, like many appraisers, I often didn’t interact with property owners during the appraisal process: A financial institution would call with an appraisal request, I’d make arrangements with the real estate agent to pick up the keys or access the lockbox, and do the inspection when the owners or residents were at work. […]. (..)

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Appraisal Real Estate Agent Inspection Appraisal Process 128

Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. This will help establish rapport and trust with the appraiser.

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Real Estate Agent Real Estate Agents Reconsideration of Value 87

Housing Wire

DECEMBER 29, 2020

Find out more about technology and solutions specifically geared to empower the community lender to offer personalized service to borrowers and to the real estate agent partners from loan application to closing. The tech solution giving community lenders an advantage. Presented by: Maxwell.

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Mortgage Investors Technology Real Estate Agent 413

Padove Appraisal Service

FEBRUARY 27, 2023

Many people’s experiences with real estate appraisals are limited to mortgage applications. The appraiser is usually selected, and the report ordered through the lender. The task of selecting an appraiser for purposes such as estate planning and settlement, divorce, tax appeal, etc.,

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Appraisal Real Estate Real Estate Agent Appraisal Process 145

Housing Wire

MAY 2, 2021

To streamline the appraisal process, lenders and appraisal management companies (AMCs) need a trusted, one-stop resource to obtain cost-effective, transparent, automated and robust valuation solutions. Black Knight’s Complexity Profiler offers an automated solution that identifies a property’s potential appraisal complexity.

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Valuation Real Estate Agent Clients Realtors 243

Birmingham Appraisal

DECEMBER 19, 2023

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 will help the appraiser understand your rationale for pricing the home where you did.

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Real Estate Agent Real Estate Agents Appraisal 78

Birmingham Appraisal

JULY 12, 2023

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

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Real Estate Agent Law Real Estate Bracketing 93

Appraisal Buzz

JULY 13, 2022

Asteroom’s solution expands upon its existing Desktop Appraisal Service for appraisal management companies and lenders. Founded in 2018, Asteroom has 20,000+ real estate agents creating 3D tours across the United States. San Francisco, CA–Asteroom Inc.

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Real Estate Agent Technology Real Estate Appraisal Process 195

AmeriMac

DECEMBER 31, 2024

The Essence of Turn-Time in Real Estate Appraisals In the quick-moving world of real estate, “turn time” is an important measure. It helps keep real estate transactions strong by ensuring that valuations are up-to-date and match what’s happening in the market now.

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Appraisal Appraisal Process Inspection Real Estate 36

Housing Wire

MAY 31, 2021

A simple mistake could drastically slow down the process and frustrate lenders, home buyers and sellers. And, the impact of the pandemic has complicated this process even further. Using SCOUT, homeowners, inspectors, real estate agents and appraisers can collect property data on a mobile device.

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Inspection Valuation Real Estate Real Estate Agent 201

AmeriMac

MARCH 15, 2025

Understanding Appraisal Management In real estate, determining a property’s fair market value is crucial for transactions. Appraisal management involves coordinating and overseeing the valuation process to ensure compliance with industry standards like USPAP in the US.

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Appraisal Valuation Real Estate Appraisal Process 36

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. How Do I Get Ready for the Appraisal on My House?

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Appraisal HOA Easement Valuation 132

The Appraiser Coach

DECEMBER 5, 2023

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.

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Real Estate Agent Inspection Appraisal Appraisal Process 150