This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To help mitigate these pain points, Incenter Appraisal Management is offering remote BPO and remote inspection capabilities paired with AVMs. These virtual solutions enable lenders and servicers to get their eyes on a property, regardless of whether they can appraise it in person – as long as the homeowner has access to a cell phone.
In one Facebook group the other day, (yes, I’m back on Facebook ) one member mentioned they feel that a person who scans a property to provide an appraiser with a floor plan should be licensed. WHAT IS AN APPRAISALINSPECTION? I think it’s important to understand what an appraisalinspection is. ”).
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.
Appraisers Can Complete Virtual Inspections Independently, Be Their Own Bosses, and Prepare for a Digital Future. Appraisers will now be able to register for full access to RemoteVal for both desktop and hybrid assignments at remoteval.net. Incenter Appraisal Management is also reachable by phone at 866-222-6205.
As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there. To get the mix just right, you need a little bit of both.
Property appraisal information Detailed outline or description of each property. These details are more relevant and appropriate in an appraisal. They are more appropriate for an appraisal. Download to multiple formats. CMA reports are simple and effective tools. More on that later. Options for every budget.
You drive for an hour for an inspection. This is an awkward situation, and one that requires some care and good judgement on the part of the appraiser, especially in today’s world. When I show up at an appraisal and mom and dad aren’t home, I turn on the sound recorder on my phone. We’ve all been there before.
That’s partly because so much change has happened just during my time as an appraiser. I’ve seen the advent of laser measuring, electronic forms, and most recently, remote appraisals. I had the opportunity to talk with a coaching client about an opportunity that came up for her to act as a staff appraiser.
REO properties represent business opportunities for appraisers, as property valuations may be needed for pre-foreclosure, loan workouts, short sales, asset evaluation, and more. However, inspecting these types of properties can be dangerous. REO properties pose their own unique set of dangers for appraisers. Safety concerns.
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.
There’s been a lot of talk recently about desktop appraisals. I don’t know any more than you do about where things are headed, but from what I do know, and from connecting the dots, I think it’s that desktop appraisals will become more (not less) popular. That is not to say you must do desktops to continue in appraisal.
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.
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?
Several of the changes are aimed at underwriters and do not affect appraisers; however, there is one significant change for appraisers that will change the way they inspect properties in the not-so-distant future. Appraisers should note that ANSI Z765 applies only to single-unit (single-family) residences.
Imagine you are doing an appraisal for a single family home on three acres and, upon analysis, you realize there is more value in subdividing the lot. But as an appraiser, you were instructed to complete the appraisal “as is.” The appraiser is in charge, the appraiser directs it.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] Knowing what you want and where you want to be is the first step in determining how you’re going to run your business.
Many appraisers have found this to be a great way to get needed tasks accomplished without having to do them yourself. Appraisers have also found it cost effective and worthwhile to hire a virtual assistant or two overseas, in places like the Philippines or India. Do you have a virtual assistant hired?
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post The Decision to Act first appeared on The Appraiser Coach. You’ll probably stumble somewhere along the way, but the important thing isn’t the stumble; it’s the choice you make to rise up afterwards and act.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post Letting Money Work For You first appeared on The Appraiser Coach. Just like spending every cent you earn isn’t a good way to handle your money, neither is choosing to just save it.
I felt strongly that this man was going to make it in the appraisal world. For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] He went out and created his own website, doing his homework to make sure he knew what he was doing.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post The (Real) Secret first appeared on The Appraiser Coach. Thus, if you want to become truly successful, focus on the things that need to be done to accomplish your goals, whatever those goals may be.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post Replication: The Road to Productivity first appeared on The Appraiser Coach. As you apply this principle, you will become more productive, which will help you become more successful.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] If you have not experienced for yourself the benefits of a good mastermind, get out there and do it! It will be well worth the effort.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] As you participate in activities that require confidence and give them an honest effort, your confidence will grow.
I could have been the poster child of appraising for this company. For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post The Importance of Integrity first appeared on The Appraiser Coach. There was a lot of temptation to fudge the numbers a little bit.
Someone in the appraisal office is doing too much. However, there’s a person in the appraisal office that may be doing all of the things I mentioned above – and they’re not the appraiser. For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link]
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post Freedom: the Basis of Creativity first appeared on The Appraiser Coach. In this way, freedom fertilizes creativity.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post Principles of Prosperity: The Final Word first appeared on The Appraiser Coach. But it will come nevertheless, if you’re willing to apply yourself and make it happen!
As appraisers, we often find ourselves in a situation where someone files a complaint against us because things didn’t go their way. For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] But this is the world we live in. It’s easy to run afoul of someone’s expectations.
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.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post Remote Monitoring and Time Tracking first appeared on The Appraiser Coach. As long as this is done in an atmosphere of trust and mutual respect, it can be a great asset to your business.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post THE BEST WAY TO PREDICT THE FUTURE first appeared on The Appraiser Coach. As you take time to plan for retirement, it will give you peace of mind now and set you up for success in the future.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post Time Is Money – So Use It Wisely first appeared on The Appraiser Coach. Doing so helps keep us focused on the bigger picture, not just on the here and now.
In a Mastermind meeting with other (non-appraiser) business owners, I was reminded of how well so many principles that I share with you apply across different areas, whether it’s real estate or office work. For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link]
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post You Are Important, Too! first appeared on The Appraiser Coach. However, you will be much better at that as you take time for yourself. So don’t overthink it; just go do it!
How did you become an appraiser? Maybe it was your dream career ever since you knew what appraising was. For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post NOW YOU KNOW: WORK WHEN IT’S SLOW first appeared on The Appraiser Coach.
There are an estimated 75,100 licensed appraisers in the U.S., People decide to launch a real estate appraisal career because they’re following in a family member’s footsteps or they’re intent on building a career in a field they love, as well as one that pays well and has a flexible schedule. according to the U.S.
If you find yourself getting this question for answers you feel your employees should already know, it might be about time to update your procedural manual and work on your business—you need time for this too, not just tirelessly pumping out appraisals day in and day out. first appeared on The Appraiser Coach.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post Learning from Trial and Tragedy first appeared on The Appraiser Coach. The answers to these questions affect everything in your life; good or bad – the decision is yours.
Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspectionappraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. Download interior pictures from the internet depicting a better house.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post PAJAMAS VS. PRODUCTIVITY first appeared on The Appraiser Coach.
For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post Prioritizing Your Clients first appeared on The Appraiser Coach. When things pick up again (will we ever see another 2020-2021 again?), you will be ready.
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? Free Download: Is an appraisal career right for you?
All things that I have seen make a difference in appraisal businesses. The point here is that many of these principles that I share with you for appraisal businesses are universal. For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link]
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content