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This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession?
Seamlessly blending historic elegance with modern luxury, this 5 bedroom 3.5 Related articles How to compete and win with your listing presentation (+ scripts) The ultimate listing appointment checklist for agents (+ tips & scripts) Real estate advice + top tech, lead gen & marketing tools delivered to your inbox.
Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. No doubt, investment in modernization is needed in the appraisal process.
The dashboard presents a modernized user interface and offers customization options for both users and associations. It provides industry information such as market data trends and news articles, while enhancing interactivity for user convenience. Art Carter, CEO of CRMLS, expressed confidence in the transition to the new dashboard.
According to a 2024 article published in Global Advances in Integrative Medicine and Health, patient preferences now lean toward a digital intake process, underscoring the growing demand for streamlined, digital client consultation processes. Modernizing consultations with GoFormz can eliminate these issues.
Below, Hill answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? Amanda Hill: Lenders see appraisal modernization as a top priority by Maria Volkova. They had a young executive team who valued fresh ideas and were not afraid to train inexperienced novices like me.
Below, Brenan answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article? To some degree, appraiser capacity issues can be mitigated by modern appraisal products like desktop and hybrid appraisals.
Host Phil Treadwell and industry experts share their experiences and advice on how to build more modern and relevant business. This podcast not only includes episodes geared specifically toward mortgage professionals, but also features content on personal finance, career advice, sales training, business mentorship and more.
In the article, Moody’s said they anticipate an increase in MSR sales in 2024, which will result in a short-term gain in liquidity at the expense of a weaker franchise in the future. Well-trained staff using the right mortgage servicing software can service 700 or more loans per employee. Why should lenders retain servicing?
This is the final article in Ernie Durbin’s three-part series on the new UAD. The first article on April 15, 2024, was “ From Forms to Reports: A Look at the UAD Overhaul. ” The second article on July 15, 2024, was “ The New UAD: Don’t Borrow Trouble. How will lenders order appraisals without standard form numbers?
It wasn’t a job I was overly excited about, but I knew the training and field work would help round out my resume. Our processes were functional, but they needed to be modernized and reimagined. In the next article, we will look at how my team approached these challenges and the path we took to the next chapter in our story.
This article explores different strategic integrations of AI while showcasing customized AI agents that can streamline operations and help appraisers gain a competitive edge. This AI Agent is trained on and powered by the current “FHA 4001.1
In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines. Inman.com Timely real estate news, agent advice and training, tech trends and reviews, market trends, and more. So, where do you start?
However, the husband and wife in this article are not valuation professionals. Given that the race of the appraiser in the article was assumed and not specifically mentioned, what is the likelihood that the appraiser in the article was black? But, what else played a role? Perception. I’m also a Certified Residential Appraiser.
Yesterday's Bloomberg article caught my eye: Greenwich Homeowner Bets on Virus Getaway Pitch to Win a Sale. The article featured a listing in Greenwich, CT that came on 68 days ago that wasn't moving (I assume this based on what was done later). Bathrooms are beautiful and modern with separate steamshower and large whirlpool tub.
Kaplan students appreciate how the videos are complemented by text-based content to reinforce key concepts, including the Modern Real Estate Practice textbook, which is recommended by the National Testing Services. Modern Real Estate Practice Prelicensing Package $299 Required 75 hrs. out of 5 stars Rating: 4.5 out of 5.
A recent Wall Street Journal article noted that in Florida some homeowners have seen their homeowner premiums triple in the last five years and in some communities these premiums are now higher than their mortgage payments. If this occurs, property owners, both residential and commercial, will face higher tax bills.
Below, Polinori answers questions about the housing industry: HW Media: What is your current favorite HW+ article and why? Originators need to be better prepared for the ebbs and flows of our industry and this article serves as a great starting guide. I trained vocally for 12 years and had big dreams.
This article delves deep into how blockchain is set to revolutionize appraisals, offering a fresh perspective to technology professionals keen on staying ahead of the curve. One of its most intriguing applications lies in the domain of appraisals. Understanding the Basics: What is Blockchain?
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Our cover article is an incredibly insightful conversation on racial bias in the appraisal industry. We have articles to help appraisers, AMCs, and lenders grow in every aspect of their business. Here are just a few of the articles that are a must read …. Read all these articles and more in the latest edition HERE.
The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value?
Its focus on automation, efficiency, and ROI tracking makes it a powerful tool for modern real estate agents. Support and training: Make sure your CRM provides adequate customer support and training resources that meet you where you’re at and teach you how to leverage the CRM’s full potential.
This article will delve into the various technological tools and platforms that are modernizing the appraisal process, exploring the benefits, challenges, and future trends that are defining this evolution. Training: Appraisers must be properly trained on using these new technologies.
Called RAIA, Offrs AI chat tool uses conversational AI trained by licensed agents to qualify leads for you. Follow real estate technology blogs, read industry articles (like this one!), If you want seller leads and already have a CRM you love, Offrs + RAIA is an excellent choice.
Colibri Real Estate will definitely be appreciated by those who prefer a modern, visually-appealing online platform. To get your license, you’ll need to complete 168 hours of prelicensing coursework at an accredited and approved school. Their videos are up-to-date, engaging, and will have you feeling motivated to dive into learning.
Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Appraisers have been trained in knowing what to look for.
Real Estate Accelerator Online Video Course and Live Online Coaching: Meet weekly with experienced industry professionals in live online group coaching sessions and access more than eight hours of self-paced, online video training. Article sources & helpful links New York Department of State. out of 5 stars Rating: 4.5
Think of the new URAR like upgrading from a basic flip phone to a modern smartphone. Both URAR and UAD acronyms are used in articles and references I have read. Built in 1914, the Cape Cod mansion has been thoughtfully modernized over the years to retain its historic integrity. The whole interior views to the water,” she said.
In this article, I will challenge conventional stereotypes and encourage you to explore manufactured housing as an emerging lending opportunity, positioned ideally for those savvy enough to see with different eyes. Underwriter/risk training – examine whether your staff has sufficient awareness and training on manufactured housing.
Comprehensive article on the fee issue, with comments from appraisers, appraiser organizations AMCs, MBA and many more organizations. Early 2025 Appraiser training starts. The GSEs had a recent “train the trainer” event and classes will be coming. Many people confuse us with real estate agents. Mandate: November 2, 2026 UAD 2.6
In this article, we’ll share ideas and tips, including the best way to present new listings and how to engage your followers with valuable educational content. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.
Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. The Announcement also addresses hybrid appraisals , which are certainly not new.
Whatever the reason, supervisors play an essential role in the training and development of future appraisers. Step 3: Hire the right trainee It’s no secret that it takes time and energy to train future appraisers. You might be looking to grow your business, delegate tasks (e.g., property inspections), or prepare for retirement.
Require appraisal anti-bias, fair housing, and fair lending training for all appraisers who conduct appraisals for federal programs and work with the appraisal industry to require such trainings for all appraisers. Define metrics that can help to identify and measure patterns of mis-valuation in the property valuation process.
Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. The Announcement also addresses hybrid appraisals , which are certainly not new.
While industrial properties can be subdivided into eight narrower categories, this article will focus on the standard variables you will want to know when buying in any submarkets. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease.
Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Appraisers have been trained in knowing what to look for.
In this article, I will challenge conventional stereotypes and encourage you to explore manufactured housing as an emerging lending opportunity, positioned ideally for those savvy enough to see with different eyes. Underwriter/risk training – examine whether your staff has sufficient awareness and training on manufactured housing.
VIEW ORIGINAL ARTICLE The post The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers? Could something get missed if the appraiser isn’t on-site and relying on third-party vendors? The fact that hybrid appraisers have a high standard to meet might reassure you. Clear Capital in the news appeared first on ClearCapital.com, Inc.
To read more, Click Here My comments: When I saw the article topic I thought it would be boring. This article explains when and why. To read the full article with lots more information, plus 2+ years of previous issues, subscribe to the paid Appraisal Today at www.appraisaltoday.com/order. I was trained at an assessors office.
Here are seven interview questions to help you choose a supervisory appraiser and set yourself up for a successful training experience. What will the training entail? Keep in mind that not every supervisor has put together an extensive training program, so this might be something you have to take some initiative on as well.
This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. This is one of the best short articles on residential to commercial. I strongly recommend it.
While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.
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