The Appraiser Coach

MAY 18, 2021

It is no secret that we as appraisers take a lot of photos. I probably take about 20-25 per house that I inspect. Then there are all the comp photos. Read More.

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Appraisal Inspection Advertising Business 397

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. Everybody is affected by the appraisal process. SW: How is technology changing appraisals?

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Appraisal Technology Modernization Real Estate Agent 438

The Appraiser Coach

MARCH 12, 2021

Many appraisers work out of our homes, not interacting with office staff or other appraisers. Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Read More.

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Appraisal Inspection Advertising Business 369

The Appraiser Coach

APRIL 27, 2021

It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent. The answer is yes, but there. Read More.

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Agents Real Estate Agent Appraisal Real Estate 370

Miller Samuel

NOVEMBER 30, 2018

My friend and appraisal colleague Ryan Lundquist and I authored a petition on change.org to point out the growing wreckless behavior that is enveloping the mortgage process. There’s a proposal from the FDIC, Federal Reserve, and Treasury Department not to require appraisals for some mortgages under $400,000.

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Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

SEPTEMBER 22, 2023

Broker Price Opinion (BPO): The BPO provided by homegenius Real Estate allows users to obtain thorough pricing strategies and quality reviews from local and licensed real estate agents or brokers, along with the detailed property and neighborhood information they need to make quick and informed decisions.

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Real Estate Agent Inspection Valuation Real Estate 379

Housing Wire

JANUARY 13, 2021

United Wholesale Mortgage ( UWM ) unveiled a new policy this week, telling brokers that appraisals will be completed within 10 business days or they’ll refund 50% of the appraisal cost back to the customer. Are borrower-assisted inspections here to stay?

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Appraisal Real Estate Agent Inspection Valuation 342

Housing Wire

DECEMBER 27, 2024

Expanded rules for appraisal waivers take effect on purchase transactions starting the first quarter of 2025. The new rules apply to both appraisal waivers and inspection-based waivers , which leverage property data collected by a trained and vetted professional. is accurate and up to date.

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Training Appraisal Valuation Inspection 309

Housing Wire

JUNE 10, 2021

Real Estate Commission. Working with a real estate agent isn’t free, but it takes the work off your plate as a seller. A real estate agent finds potential buyers, arranges housing tours and handles all the paperwork and coordination between all the parties involved.

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Sellers Real Estate Agent Real Estate Decorating 545

Housing Wire

SEPTEMBER 5, 2024

The FHA should critically evaluate and simplify inspection criteria, review the inspection requirements for FHA appraisals, and modernize criteria wherever possible “to help reduce homebuying hurdles over non-essential, smaller home repair issues,” the authors wrote. ”

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Buyers Real Estate Agent Inspection Real Estate 410

Housing Wire

OCTOBER 1, 2020

. “Clients don’t think of buying a home as multiple things, they don’t think, ‘Well I’ve got to get a mortgage, I’ve got to get title, I’ve got to get an appraisal, I’ve got to find a real estate agent, I’ve got to get an inspection,'” said Farner.

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Advertising Real Estate Agent Mortgage Real Estate 459

Housing Wire

MAY 21, 2024

Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial. Experienced agents have access to databases, networks, and resources that can help buyers gather information about recent sales in the area.

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Real Estate Agent Real Estate Inspection Valuation 409

Housing Wire

JUNE 22, 2021

These are the words real estate agents use when asked to describe the current state of the market and what it’s like to buy a home today. Real estate agents cited a lack of inventory as the main hurdle preventing their clients from completing a transaction, according to the National Association of Realtors.

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Housing Market Real Estate Agent Marketing Inventory 418

Appraisal Buzz

SEPTEMBER 27, 2021

You can hardly post anything on an appraisal forum or social media without the first 17 comments stating, “I do non-lender work.” Expanding your appraisal practice through non-lender work can lead to many benefits including increased revenue as well as greater independence and efficiency.

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Real Estate Agent Valuation Real Estate Appraisal 370

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2

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Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

APRIL 8, 2021

Consider an appraisal gap: Adding an appraisal gap to your offer tells the seller that even if the property appraises for less than the purchase price in the contract, you are committing a preset dollar amount to making up the shortfall. There is a chance they could offer an appraisal gap and never have to use it.

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Inspection Sellers Buyers Tools 467

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

Housing Wire

MAY 16, 2024

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It can also help agents clearly communicate their unique value and services to homebuyers, sellers and others.

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Real Estate Agent Real Estate Brokerage Sellers 351

Housing Wire

JULY 24, 2024

It stresses that AI tools are not designed to displace real estate professionals but to add to their efficiency. While AI won’t replace real estate agents, those who use it are already outcompeting those who don’t,” said James Rogers, co-founder and CEO of RealReports.

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Realtors Tools Real Estate Agent Real Estate 381

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 297

The Appraiser Coach

DECEMBER 14, 2021

Can you do a rental schedule on a property that you have not appraised? This was a question recently asked in my closed Facebook All-Stars group. Within this private group, Read More.

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Appraisal Advertising Inspection Business 370

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 76

Housing Wire

JULY 26, 2024

Contingencies in the agreement protect both parties if problems arise during the appraisal, inspection, or financing stages of the transaction. You might also consult a real estate attorney for contracts and tax implications that accompany a home sale. Most importantly, try to remain emotionally neutral.

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Market Value Real Estate Agent Real Estate Finance 382

Housing Wire

SEPTEMBER 30, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This is sick, and I want it to end,” said Sharon Aubuchon, a RE/MAX Premier Realty agent in Prairie Village, Kansas a suburb of Kansas City. “It Kansas City, Missouri.

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Housing Market Marketing Real Estate Agent Loan Officers 314

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 Real Estate Agent Valuation 195

The Appraiser Coach

JULY 20, 2021

As appraisers we often wear at least two different hats. You have heard me talk about the business owner cap versus the technician cap. While we often play both roles, Read More.

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Appraisal Business Advertising Inspection 370

The Appraiser Coach

MARCH 30, 2021

I was recently asked by a newbie in real estate appraisal how much I think a new real estate appraiser should charge. Many new appraisers and trainees want to get. Read More.

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Real Estate Appraisal Inspection Advertising 335

Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Plumbing 3.

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Inspection Sellers Real Estate Agent Buyers 148

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! ” “It’s a lot more than just pulling comps!”

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Real Estate Agent Real Estate Agents Appraisal 97

Housing Wire

AUGUST 21, 2023

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc. Source: Inc.

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Real Estate Real Estate Agent Technology Investors 336

The Appraiser Coach

APRIL 13, 2021

Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few. Read More.

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Appraisal Inspection Advertising Business 370

Housing Wire

JULY 18, 2024

Investors can partner with a real estate agent , mortgage broker or turnkey provider to locate a property of their choice. Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely. residential real estate is low.

Finance 331

Finance Real Estate Investors Legal 331

The Appraiser Coach

DECEMBER 13, 2022

Imagine you’re at an inspection. During your standard walk-through, you look out the window and see a car pull up into the driveway. Your mind starts racing when you see. Read More.

Inspection 74

Inspection Agents Advertising Business 74

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. These details are more relevant and appropriate in an appraisal.

Marketing 392

Marketing Real Estate Agent Clients Tools 392

Housing Wire

JUNE 21, 2021

.” Poveda said he usually discourages his buyers from waiving an appraisal — a popular tactic that has popped up during the housing craze of the last 18 months. Knoxville-based builders, however, seem optimistic, according to local real estate agents.

Housing Market 459

Housing Market Marketing Realtors Inventory 459

Realtor

JULY 13, 2021

To help you navigate the world of homebuying contingencies, we reached out to real estate experts to find out which ones should never be waived. Home inspection. A home inspection is the foundation on which all other real estate contingencies are built. Well water/septic system inspection.

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Inspection Real Estate Agent Real Estate Buyers 203

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 133