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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 appraisal process.
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.
As many real estate professionals saw firsthand, the valuation process was disrupted by the coronavirus pandemic. To help mitigate these pain points, Incenter Appraisal Management is offering remote BPO and remote inspection capabilities paired with AVMs. Mark Walser, President of Appraisal Management.
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.
Surprisingly, accounting inefficiencies, particularly in the areas of tracking, collecting, reconciling, and distributing appraisal fees, are costing some lenders tens of thousands of dollars, sometimes even more, every year – dollars that could be going straight to their bottom line.
If you’ve seen a rise in solar PV systems in your area, consider taking the first steps toward competency in the valuation of this energy-efficient feature of real estate. Below you’ll find answers to some frequently asked questions about appraising solar panels. Interested in appraising green homes?
Download the white paper for a playbook to building a tech-enabled acquisition strategy for growth. The company also bought NotaryCam , Pro Tek Valuation Intelligence , and United States Appraisals in March. Presented by: LQ Digital. The firm also acquired A.S.K. Services , a title and search support servicer, in March.
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. Instantly download photos and measurement data to import into their industry standard software.
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 APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. What do you think?
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.
Anastasia Corjan reached out to me a little over a year and a half ago to invite me to be an Appraisal Ambassador for them. In the following interview, she shares with us a little about CubiCasa, her journey there, and some tips on how appraisers can attract more non-lender work. This add-on is the most popular among appraisers.
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? Fannie Mae only accepts the sales comparison approach as its primary valuation tool. Make friends with builders.
Fannie Mae updates its Selling Guide to include more options for property valuations. 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. Read on for more appraisal news. Read the full HousingWire article here.
As people continue to build and retrofit according to more eco-friendly standards, the value of “green” has come into greater demand, presenting an opportunity for real estate appraisers. Here are just a few of the top benefits of appraising green homes. Green home appraisers offer a unique skill set.
Includes course materials for Appraisal Concepts 1 & Broker Test Prep. Includes multiple hotline-style Q&A and a download of the materials. Choose from designated dates / times and locations. Day and evening courses available Virtual Prepaid: Required 90 hrs of coursework. Online: Required 6 hrs of 1st-yr renewal coursework.
Watch our panel session from IMN Jumbo Mortgage Loan Virtual Symposium to hear the panelists discuss housing market trends, changes in the appraisal process, forecasting home prices, and how housing migration is affecting the jumbo market.
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.
Building a successful appraisal team means considering your business strategy and your corporate culture, and hiring accordingly. Some appraisers look for associates who specialize in certain areas of the appraisal business when adding someone to the team. Team-building tips from top appraisers.
You know there are good reasons to upgrade your appraisal license —including making more money —but you might be unsure of how to go about it. Depending on your state and the license level you wish to attain, the exact steps for how to upgrade your appraisal license will vary slightly. Real estate appraiser qualification criteria.
If you’ve seen a rise in solar PV systems in your area, consider taking the first steps toward competency in the valuation of this energy-efficient feature of real estate. Below you’ll find answers to some frequently asked questions about appraising solar panels. Interested in appraising green homes? Across the U.S.,
REO properties represent business opportunities for appraisers, as property valuations may be needed for pre-foreclosure, loan workouts, short sales, asset evaluation, and more. Here are some safety threats to be aware of when appraising REO properties, and tips on how to avoid them. Safety tips for appraisers.
Are you looking for reasons to upgrade your appraisal license ? Here are some stats to consider: As of December 31, 2018, only 42% of the 78,000 state-credentialed appraisers in the United States were certified general appraisers. Here are some top reasons to upgrade your appraisal license: 1. Control your fees.
Appraisal Insights With Freddie Mac by Scott Reuter, Freddie Mac One of the goals at Freddie Mac is to help lead the way toward a more transparent and equitable housing finance process. Market Conditions Analysis Market conditions analysis is the backbone of an appraisal. It’s a necessary step in developing credible reports.
Fannie Mae updates its Selling Guide to include more options for property valuations. 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. Read on for more appraisal news. Read the full HousingWire article here.
Fannie Mae updates its Selling Guide to include more options for property valuations. 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. Read on for more appraisal news. Read the full HousingWire article here.
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.
You can also offer downloadable lead magnets like your list of preferred appraisers, lenders, handymen or home stagers. For example, buyers will want to browse listings while home sellers visiting your site will appreciate your free home valuations. The goal: to stay in touch with any and all visitors to your website.
Are you interested in learning how to become a luxury real estate appraiser ? There are many reasons to consider specializing in this profitable appraisal niche. Here are helpful tips on how to become a luxury real estate appraiser. Here are helpful tips on how to become a luxury real estate appraiser.
Previously, we asked our real estate appraisal community, “What’s your favorite part of the appraisal process ?” This time, we asked appraisers, “What part of the appraisal process do you find the most challenging? What part of the appraisal process do you find the most challenging? Want to participate?
Appraisers, agents, and brokers live and die based on customer referrals. Here’s how to get referrals for your appraisal business. Without an appraisal report, financing may stall, buyers may back out, and a whole host of other issues may arise. Free download: Are you investing in yourself and your career?
Looking for tried-and-true strategies to increase your real estate appraiser income ? Last month, we surveyed our appraisal community to find out, “What’s the BEST way to earn more money as an appraiser?” Read the full survey results below, including helpful comments from real-life appraisers. ” Did you know?
Optimizing your real estate appraisal website to improve your Google search ranking is a great way to bring in more clients and increase your earnings. Basic SEO tips for appraisers. Keep it short, but include valuation terms and possibly location.). Free guide: Get insights and trends to help you grow your appraisal career.
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.
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 appraisal process.
Factory-Built Houses: Types, Benefits, and Tips for Appraisers By Dan Bradley Excerpts: Factory-built houses are an important, yet often overlooked, part of the American housing market. As an appraiser, your knowledge of factory-built housing is key to a credible appraisal.
What New Year’s goals do you have for your appraisal business? Last month we asked our community of real estate appraisers, “What appraisal skill would you most like to improve in 2021?” ” Below, we share insights into which areas appraisers plan to focus their efforts this year. Want to participate?
Interested in appraising green homes? If you want to become a specialist in this growing appraisal niche, an important step is to make sure you understand the prevalence of green homes in the global and local real estate markets. Download this free ebook to learn the ins and outs of green home appraising.
It’s no secret the lending industry is aggressively pursuing alternatives to traditional appraisals. While most participants in the industry will concede an appraisal is still the gold standard for collateral valuation, they increasingly see the appraisal as something to be steered around or avoided altogether.
In the past two blog posts in this series, I discussed the pros and cons of complex appraisal assignments and why today’s residential appraiser may want to consider specializing in “odd” or “atypical” assignments. The examples given in the last post were about “the property to be appraised” being atypical. Form of ownership.
Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more. The CE Shop pricing Education Type Prelicensing Exam Prep Post-License CE Broker Prelicensing Starting at $104.25 $101.25 $115 $221.25
VA Approves Desktops and Exterior-Only Appraisals. Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. Appraisal Assignment Waterfall. I always recommend VA as the best lender client for appraisers.
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