Appraisal Buzz

MARCH 10, 2025

Velox Valuations, a leading national real estate appraisal firm, has announced the launch of two new franchise territories, further expanding its innovative, technology-driven business model across the United States. This approach ensures precise, consistent, and accountable appraisals.

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Appraisal Buzz

JULY 1, 2024

Today’s release features data on three new survey questions first asked of mortgage borrowers in 2021 When asked about appraisal satisfaction, 70% of respondents reported being very satisfied with their property appraisal, 23% reported being somewhat satisfied, and 6% were not at all satisfied.

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Appraisal Buzz

APRIL 15, 2024

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. It all starts with the standard appraisal forms used in the mortgage process.

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Appraisal Buzz

FEBRUARY 21, 2022

This includes sectors like home appraisals, which might not put a lot of focus on cybersecurity. What cybersecurity concerns should home appraisers be aware of? While the company took measures to correct the situation, the backlash of a security incident is something no appraisal firm wants to deal with. Growing Fraud Risks.

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Appraisal Property Appraisal Business Valuation 243

McKissock

NOVEMBER 19, 2021

There are many opportunities for new real estate appraisers entering the profession today. The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. What’s it like to be an appraiser? Diagramming or photographing a property and its structures.

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Property Appraisal Appraisal Real Estate Real Property 82

Cleveland Appraisal Blog

MAY 17, 2024

This post from Aspen Appraisal Services will provide all of the information you need to start planning your home renovation. How to Create a Home Office Designing a home office begins with selecting the ideal location, steering clear of spaces like the bedroom or living room to maintain a healthy work-life balance.

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Housing Wire

OCTOBER 10, 2023

Property appraisal information Detailed outline or description of each property. These details are more relevant and appropriate in an appraisal. Select active listings comps Choose active listings near to the subject property. They are more appropriate for an appraisal. Professionally designed templates.

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The Robert Weiler Company

MARCH 15, 2021

Challenges Related to a Special Purpose Property. Today, it is in the aforementioned neighborhoods that a special purpose property – buildings designed for one specific use – are being repurposed for new ventures. And, they too, face a variety of challenges unique to their designation. What’s Makes You So Special?

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McKissock

AUGUST 18, 2020

In my previous blog post , I observed that specializing in complex property appraisal can be very profitable for the residential appraiser—in Florida and all across the U.S. The complex assignment is one in which the property to be appraised, the form of ownership, or market conditions are atypical. Luxury homes.

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Appraisal Today

JANUARY 31, 2025

Newz: DEI and Appraisers, New GSE Market Analysis Deadline Feb. 4 January 31, 2025 Whats in This Newsletter (In Order, Scroll Down) LIA AD: Weather Impact What is the Cost Approach to Real Estate Appraisal? However, that does not preclude an appraiser from also using the cost approach to substantiate their findings.

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Appraisal Buzz

JULY 2, 2024

The data focused on three new survey questions first asked of mortgage borrowers in 2021: When asked about appraisal satisfaction, 70% of respondents reported being very satisfied with their property appraisal, 23% reported being somewhat satisfied, and 6% were not at all satisfied.

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Mortgage Housing Market Property Appraisal Appraisal 221

The Robert Weiler Company

SEPTEMBER 30, 2020

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media! Grant Applications.

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Real Estate Appraisal Valuation Property Appraisal 137

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

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Real Quantum

JUNE 8, 2022

How Do I Earn the MAI Designation? Appraisers come in all shapes and sizes. However, appraisers who want to take their day job to the level of a serious career have some fantastic options to stand out from the crowd. But what is the MAI designation exactly, and how does someone go about applying? Keep reading to find out.

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Design Appraisal Real Estate Decorating 68

McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” A home inspector might estimate the cost of certain repairs, but value opinions are left to the appraiser.

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East Coast Appraisal

OCTOBER 18, 2021

Accurate home appraisals benefit both property buyers and sellers. Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Below are two common approaches to property appraisals. The comparable properties should be as similar as possible to the one appraised.

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Boston Appraisal

APRIL 18, 2024

However, appraising such complex properties presents unique challenges and opportunities for real estate professionals. This article explores the intricate landscape of mixed-use development appraisal, providing insights into the difficulties faced and the potential benefits realized through this multidimensional process.

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McKissock

FEBRUARY 13, 2023

McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “Current Topics with the VA,” featuring a discussion with James Heaslet, Chief Appraiser for the Department of Veterans Affairs and Jeffrey Hogan, Vice-President at Veros Real Estate Solutions. Sign up now.

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Appraisal Reconsideration of Value Valuation Real Estate 85

Appraisal Hub

JUNE 30, 2021

Are you looking to buy or sell any commercial property? It may be beneficial to hire a property appraiser to determine the best price for it. No matter the size or type of commercial property, an appraisal can help you understand the market to ensure that you can purchase or sell the asset at a reasonable and competitive price.

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Appraisal Today

JULY 12, 2024

Valuing Appraiser Professionalism: A Blueprint for Survival By Jo Traut, McKissock Learning Excerpts: Having spent nearly three decades in the field of real estate appraisal, I’ve witnessed firsthand the evolution of our profession, particularly with respect to technological advancements. I quit residential lender appraising in 2005.

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McKissock

DECEMBER 31, 2021

Appraisal industry insiders tend to agree that 2022 will generally be a good year for appraisers. As real property appraisers look ahead to the new year, we wanted to know where they plan to focus their efforts and what they will strive to achieve. Work-life balance will be a top priority for many appraisers in 2022.

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Real Quantum

NOVEMBER 24, 2020

4 Ways to Motivate Your Commercial Appraisal Team. I t is no easy task to motivate your commercial appraisal team and keep their morale high during a pandemic, the holidays and Q4. The appraisers that work for you are the future of the business and the profession. However, it should be a priority. Here’s how: 1.

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Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.

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McKissock

DECEMBER 4, 2020

Developing an appraisal specialty is a great way to grow your business and stay competitive in the industry. Last month we asked our appraisal community, “What new appraisal specialty or niche would you like to break into?” Below, we share the results regarding which specialty areas appraisers are most interested in pursuing.

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Appraisal Property Appraisal Valuation Luxury Properties 66

McKissock

DECEMBER 27, 2022

With 2023 just around the corner —and a good deal of uncertainty in the air—we wanted to find out where real estate appraisers plan to focus their efforts and what goals they hope to achieve next year. So, we asked members of our appraisal community, “What is your top professional goal for 2023?” Here’s what they said.

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Boston Appraisal

SEPTEMBER 18, 2023

But often, the role of the real estate appraiser is overlooked. As industry leaders in both residential and commercial real estate valuations, Boston Appraisal Services deeply understands the critical contribution that precise appraisals make in the estate planning matrix.

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Real Estate Appraisal Valuation Legal 78

Boston Appraisal

JUNE 24, 2019

Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Appraisal Market Value Real Estate Technology 78

Boston Appraisal

SEPTEMBER 22, 2020

The backbone of any real estate appraisal is the highest and best use analysis. All properties have a highest and best use – and this is not always the current use. There are four qualifiers that help to determine the highest and best use of a property. The use of a property must be… Legally Permissible.

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McKissock

MARCH 16, 2021

If you ask appraisers to provide examples of complex appraisal assignments , many will focus on commercial or mixed-use properties or two- to four-family properties. However, many single-family home appraisals are considered complex assignments. The property to be appraised is atypical.

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Architecture Property Appraisal Construction Appraisal 101

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today.

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Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

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Appraisal Valuation Real Estate Modernization 69

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation.

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McKissock

NOVEMBER 10, 2020

As busy real estate appraiser, both your time and your professional reputation are extremely valuable. One thing you can do to help save time and preserve your standing as an ethical and reliable property appraiser is to put a little extra time and effort toward avoiding appraisal errors and violations. Sign up here.

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McKissock

NOVEMBER 5, 2021

HUD answers questions about its new inter-agency appraisal bias task force. JPMorgan Chase has donated $3 million to the Appraiser Diversity Initiative. Keep reading for this week’s appraisal news and insights. Property values continue to rise. . HUD official talks appraisal bias task force.

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Appraisal Government Property Appraisal Valuation 73

McKissock

NOVEMBER 3, 2020

Appraisers are often reluctant to take on an appraisal trainee. They tend to assume that the trainee, once she earns the Certified Appraiser designation , will set up shop as a competitor. On the other hand, the appraisal industry needs fresh blood. Q: What are some advantages of taking on appraisal trainees?

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Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

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Appraisal Today

DECEMBER 8, 2023

OK to average adjusted comps on appraisal? Basic Appraisal, but not all appraisers know about this, especially if they “appraise to fit the form” aka form fillers. Worth reading, plus the appraiser comments. Well, for starters, the property known as Hale Palau’ea is nearly hidden. With only one owner, the.47-acre

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