Blog and Valuation - Property Appraisal Zone

Race and the Property Valuation Industry

Appraisal Buzz

MAY 31, 2021

The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. The property valuation industry has a system for dealing with situations where a home’s appraised value is in dispute; it’s called the review process. Let’s unpack this situation…. My Journey.

Valuation

Valuation Appraisal Real Estate Insurance

Freddie Mac Research Explores Causes for the Appraisal Valuation Gap for Homeowners in Minority Neighborhoods

Appraisal Buzz

OCTOBER 4, 2021

Our goal is to develop solutions to this persistent problem, including appraisal best practices, uniform standards for automated valuation models, enhanced consumer disclosures, improved value processes, and revised fair lending exam procedures and risk assessments.”.

Valuation

Valuation Appraisal Contracts Finance

The Value of Words in Valuation

Appraisal Buzz

AUGUST 1, 2022

The word that is meaningful to the premise of this blog is summary. The post The Value of Words in Valuation appeared first on Appraisal Buzz. Standard 2 is the specific standard that addresses the reporting of appraisals. Standards rule 2-2 specifically. i] [link]. [ii]

Valuation

Valuation Contracts Appraisal Legal

FHFA takes a swing at racial bias in appraisal

Housing Wire

DECEMBER 14, 2021

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. It’s unclear whether the inclusion of references to race in appraisal reports reveals bias in the valuation process or introduces it.

Appraisal

Appraisal Valuation Finance Training

No Time Adjustments!?

George Dell

JANUARY 24, 2024

Or, more recently in Evidence Based Valuation, “Market Price Indexing (MPI)©”. The FHFA blog post of 1/16/2024 defines “underappraisals” as those loan appraisals which come in below the contract price. Time adjustments are not required. Unless they are needed. The rising market […] The post No Time Adjustments!?

Valuation

Valuation Contracts Appraisal Marketing

[Podcast] Masters In Business: Jonathan Miller on the Real Estate Industry

Miller Samuel

MAY 1, 2021

Barry also posted the interview on his essential Big Picture blog: MiB: Jonathan Miller, Appraiser Extraordinaire in addition to the Bloomberg Masters In Business landing page. To say we talk a lot about housing and valuation in a crazy market wouldn't do this fun conversation any justice.

Real Estate

Real Estate Business Valuation Appraisal

Class Valuation Requests for Proposals

Appraiserblogs

JANUARY 29, 2024

Last week, Class Valuation, the esteemed AMC known for their impeccable reputation, sent out an email to appraisers claiming that they do not “bid for the cheapest and fastest appraisal.” Just imagine the appraisers scrambling to put together PowerPoint presentations and fancy graphs to impress Class Valuation.

Valuation

Valuation Appraisal

Class Valuation Maximizing ROV Conversion Rates

Appraiserblogs

FEBRUARY 9, 2024

Recently, Class Valuation took to social media to boast about their Reconsideration of Value’s process (ROVs), claiming higher conversion rates and urging clients to choose them for a confident closing. Related Posts: Class Valuation Requests for Proposals It turns out they were actually rejecting your proposals and not your bids!

Valuation

Valuation Appraisal Clients

Federal agencies seek input on proposed AVM credibility, integrity rule

Housing Wire

JUNE 1, 2023

Six federal agencies have requested comment from the public on a newly-proposed rule that is designed to “ensure the credibility and integrity of models used in real estate valuations.” The intent is to create a set of standards that increase confidence in the use of AVMs, according to the announcement.

Valuation

Valuation Design Law Real Estate

Zillow Zinged

Cleveland Appraisal Blog

NOVEMBER 11, 2021

However, I believe that they’ve put too much value in their “values” Valuation is not their expertise. My appraiser compadre and fellow blogger Ryan Lundquist, at the Sacramento Appraisal Blog, wrote an excellent piece this week on the situation with Zillow. VALUATION IS NOT EASY OR SIMPLE. Appraiser Retirement?

Valuation

Valuation Market Value Appraisal Real Estate

Attracting More Appraisal Business

Cleveland Appraisal Blog

NOVEMBER 3, 2022

START A BLOG. Starting a blog is not difficult. Blogs don’t have to be long. Writing a blog can help you to stand out in your market as an expert. If you’ve been reading my blogs for any length of time, you no doubt have read typos I have made or things I could have conveyed better or more accurately.

Business

Business Appraisal Real Estate Agent Lending

Dear sellers, the housing market misses you

Sacramento Appraisal Blog

AUGUST 2, 2023

It’s also made valuations more difficult. UPCOMING (PUBLIC) SPEAKING GIGS: 8/18/23 Details TBD 8/29/23 Elk Grove Regional MLS Meeting 10/23 […] The post Dear sellers, the housing market misses you first appeared on Sacramento Appraisal Blog | Real Estate Appraiser. Scroll by topic or digest slowly.

Sellers

Sellers Housing Market Marketing Valuation

Federal Valuation Agency Impact on Appraisers & the Public

Appraiserblogs

JULY 22, 2022

To establish an independent agency to be known as the Federal Valuation Agency that would oversee the appraisal industry in the name of “equity.” Secret HUD Meeting on 'Appraiser Bias' The exclusion of the appraisal profession from events looking at valuation bias sends the message – intentional or not –….

Valuation

Valuation Appraisal Government Real Estate

Bias in Automated Valuation Models

Appraiserblogs

FEBRUARY 28, 2022

The CFPB is reviewing bias in Automated Valuation Models (AVMs). The mathematical models rely on biased data resulting in inaccurate valuations. The post Bias in Automated Valuation Models appeared on Appraisers Blogs. These agencies are concerned AVMs may reflect bias in design and function.

Valuation

Valuation Insurance Appraisal Design

Under-Valuations Unrelated to Racial Bias

Appraiserblogs

FEBRUARY 21, 2023

The AEI Housing Center recently released an analysis revealing that reports by the Federal Housing Finance Agency (FHFA) and by Brookings, attributing the greater prevalence of under-valuations in home purchase appraisals. The post Under-Valuations Unrelated to Racial Bias appeared on Appraisers Blogs.

Valuation

Valuation Contracts Appraisal Home Value

Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

JULY 6, 2022

The 2021-2022 edition of USPAP defines a “Personal Inspection” of a property being appraised as follows: “A physical observation performed to assist in identifying relevant property characteristics in a valuation service.” You can also listen right here at Cleveland Appraisal Blog! . What is a Valuation Model?

Inspection

Inspection Appraisal Technology Clients

THE CON Episode 1 Debuted This Week And It Was Compelling Because Good Appraisers Lived That Hell Too

Miller Samuel

AUGUST 8, 2020

They found me because I had just started my Matrix Blog because no one seemed to be listening to appraisers. Most lenders and mortgage brokers didn't care about valuation quality, just hitting the numbers to make the deal. The appraisal profession became seen as one of "deal enablers" instead of neutral valuation benchmark setters.

Appraisal

Appraisal Valuation Business Mortgage

Lumber prices, bias, & slowing in the housing market

Sacramento Appraisal Blog

JUNE 30, 2021

Let’s talk about lumber, food in listings, that leaning building in San Francisco, bias in valuations, and a slowing vibe in the housing market. I’ve got a few things on my mind today. Some light stuff and some deep stuff. Skim topics or digest slowly. 5 THINGS ON MY MIND 1) Lumber is lower (sort […].

Housing Market

Housing Market Marketing Valuation Appraisal

The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. That’s one reason I started blogging years ago.

Appraisal

Appraisal Real Estate Agent Real Estate Agents

VA Alternative Valuation Methods

Appraiserblogs

AUGUST 2, 2022

On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. The post VA Alternative Valuation Methods appeared on Appraisers Blogs.

Valuation

Valuation Appraisal Realtors Marketing

What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

JUNE 18, 2022

In high-stakes eminent domain cases, where valuation opinions diverge to a significant degree, an appraiser must be prepared to zealously defend the opinion being given under what can sometimes be grueling cross-examination by the other side’s lawyer. A big thank you to Leslie for writing this article for the Cleveland Appraisal Blog!

Appraisal

Appraisal Law Development Valuation

Starbucks cups & price per sq ft in real estate

Sacramento Appraisal Blog

MARCH 15, 2022

It’s easy to get into valuation trouble when we focus too much on price per sq ft. Seriously, this can be a massive problem leading to major heartache during escrows. Okay, that sounds so dramatic, but it’s important to know how to explain how price per sq ft works. Let’s talk about this by using […].

Real Estate

Real Estate Valuation Appraisal

Valuation Connect Demands Licenses, Denies Fair Pay

Appraiserblogs

APRIL 9, 2024

Based on the local market appraisal fee, Valuation Connect values the “appraisal expertise” component of a hybrid appraisal at 18% of what the consumer pays for an appraisal. This firm hasn’t awarded us work in about two years, and they only hire us when they are in a jam, and we require the local market rate.

Valuation

Valuation Inspection Appraisal Real Estate

11 Twitter accounts to help you stay up-to-date on the housing market

Housing Wire

OCTOBER 14, 2022

Bill McBride : (@calculatedrisk) Bill McBride is the author of the Calculated Risk economics blog and writes a real estate newsletter. Calculated Risk has been cited by a variety of publications in lists of must-follow economic and financial blogs. His account includes data from a variety of sources, including JBREC.

Housing Market

Housing Market Marketing Real Estate Finance

9 tips for homebuyers in non-disclosure states

Housing Wire

MAY 21, 2024

Online real estate platforms, local newspapers, and real estate blogs are valuable sources of information. Use online valuation tools Though they’re not perfect, online valuation tools can offer estimates based on public records and algorithms.

Real Estate Agent

Real Estate Agent Real Estate Inspection Valuation

How U.S. Home Valuations Are Being Subverted

Appraiserblogs

MARCH 22, 2023

At the crossroads of it all is a campaign to weaken or eliminate valuations… The nonprofit is now exploring ways it can set standards for automated valuations… Expect greater distortions from Freddie and Fannie’s plodding and committee-driven foray into automated valuations.

Valuation

Valuation Appraisal Mortgage Marketing

Appraisal bias plan promises barrage of actions in the near term

Housing Wire

MARCH 23, 2022

The Department of Housing and Urban Development ’s long-awaited action plan on appraisal bias outlines administrative actions the federal government will quickly take to address mis-valuations. But the report fails to offer a clear plan to release appraisal data from the government sponsored enterprises.

Appraisal

Appraisal Reconsideration of Value Government Valuation

14 indispensable AI tools for real estate agents

Housing Wire

MARCH 13, 2024

You’ve probably already used some AI tools for marketing without knowing it, if you’ve virtually staged your listing photos or used writing tools like Grammarly or ChatGPT to write blogs, emails or online ads. By leveraging large datasets, these tools offer precise, data-driven valuations and insightful analysis.

Real Estate Agent

Real Estate Agent Real Estate Tools Agents

3 Tips for Downsizing Your Home While Keeping Your Pet Safe and Happy

Cleveland Appraisal Blog

OCTOBER 1, 2021

Consider the following three tips from the Cleveland Appraisal Blog for downsizing with a pet in tow. I’ll be back in two weeks with a new blog that is more focused on real estate valuation. You can also listen right here at Cleveland Appraisal Blog! Goodbye single family zoning – Sacramento Appraisal Blog.

Appraisal

Appraisal Valuation Realtors Modernization

Pickleball is keeping folks moving in Ohio… Cleveland housing prices are also on the move!

Cleveland Appraisal Blog

MAY 9, 2024

To all my newsletter subscribers, I hope you’ll continue to enjoy my market research on my blog instead of the old newsletter I discontinued this month. Feel free to unsubscribe from this blog at any time. You can also listen right here at Cleveland Appraisal Blog! Well, that’s a wrap for this week.

Inventory

Inventory Appraisal Real Property Property Appraisal

FHFA analysis finds racial disparity in appraisers’ use of time adjustments

Housing Wire

JANUARY 17, 2024

According to the FHFA blog post, home purchases can be complicated by an appraisal below the buyer’s contract price offer. For Black and Hispanic borrowers , “time adjustments could make the difference between an appraisal that allows a home purchase to move forward and one that does not,” the blog post says.

Appraisal

Appraisal Contracts Finance Real Estate

Planning for a Home Renovation: A Guide

Cleveland Appraisal Blog

MAY 17, 2024

Over the years, I have enjoyed different guest bloggers writing for the Cleveland Appraisal Blog. This will be the last guest post for the Cleveland Appraisal Blog. I greatly appreciate you being here to read articles from the Cleveland Appraisal Blog. You can also listen right here on the Cleveland Appraisal Blog!

Renovations

Renovations Appraisal Logistics Decorating

Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Cleveland Appraisal Blog shares some tips. And thank you for reading another article from the Cleveland Appraisal Blog! You can listen right here at the Cleveland Appraisal Blog. You can also listen right here at Cleveland Appraisal Blog! – Birmingham Appraisal Blog. Obtain the right qualifications.

Real Estate

Real Estate Development Appraisal Contracts

What Is a Reconciled Value?

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The reconciliation is based on the appraiser’s judgment of the results developed as part of the valuation process and must never be an averaging technique with the exception of the use of a weighted average technique that includes a proper explanation. You can also listen right here at Cleveland Appraisal Blog! .

Appraisal

Appraisal Development Valuation Market Value

My Interview with the Senior Marketing Manager at CubiCasa

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

Did I give up on blogging and podcasting? Anyhow, I’ve missed blogging and I’m sorry for being gone so long. The technology enables quick and accurate floor plan calculations, which are crucial for various aspects of the real estate industry, including property valuations, marketing materials, and legal documentation.

Marketing

Marketing Real Estate Agent Real Estate Appraisal

Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

DECEMBER 9, 2024

By applying these methods, appraisers can provide reliable, accurate valuations that reflect current market conditions and ensure the appraisal’s credibility and acceptance. Released on the first Tuesday of each month, it features a press release, a full report, and a blog post from the economists.

Appraisal

Appraisal Marketing Valuation Tools

Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

SEPTEMBER 25, 2020

Topics have centered around appraisals and valuation concerns in the current market environment. Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal? Valbridge provides independent valuation and powerful insights to help clients make the best business and investment decisions.

Valuation

Valuation Appraisal Marketing Real Estate

Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

JANUARY 19, 2023

Unless you’re in the property valuation profession, you may not have. You can also listen right here at Cleveland Appraisal Blog! If you’re an appraiser, and you’re looking to join an appraisal organization, please check them out. – Birmingham Appraisal Blog Appraiser Scam – Be Careful!

Appraisal

Appraisal Transportation Buyers Property Appraisal

3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

You can also listen right here at Cleveland Appraisal Blog! You can find me on Apple Podcast, Spotify, Google Play Music, Breaker, Overcast, Pocket Casts, Radio Public or you can listen right here at the Cleveland Appraisal Blog. . Fires, multiple offers, & new flooring – Sacramento Appraisal Blog. www.anchor.fm/cash-appraiserstats.com.

Agents

Agents Appraisal Renovations Development

What’s My Business Really Worth? 12 Q&A To Solving Your Business Valuation Mystery [2021]

The Robert Weiler Company

APRIL 20, 2021

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need. So, how are businesses valued?

Valuation

Valuation Business Buyers Market Value

Tips for Making a Successful Transition to a New City After a Personal Low Point

Cleveland Appraisal Blog

JUNE 30, 2023

I’m playing catch-up on blogs with the help of my guest bloggers. I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. Here are some tips to help you transition to a new city and begin a new chapter in your life, shared below by Cleveland Appraisal Blog. Hello friends!

Real Estate Agent

Real Estate Agent Appraisal Bracketing Decorating

Appraisal Reports Are Like Flipbooks

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

You can also listen right here at Cleveland Appraisal Blog! Mortgage Rates Impacting Housing – September Newsletter – DW Slater Appraisal Blog. Chuck Norris eats 7% mortgage rates for breakfast – Sacramento Appraisal Blog. Part III Education – George Dell’s Analog Blog.

Appraisal

Appraisal Market Value Development Clients

AVM’s & Punxsutawney Phil’s Accuracy

Cleveland Appraisal Blog

FEBRUARY 4, 2021

So, why offer a valuation service that provides values that should not be relied upon? It appears that the valuations AVM’s provide are really instruments that are used to attract consumers to their sites, where they collect data on people’s searches, while at the same time offering other real estate services and information.

Advertising

Advertising Valuation Appraisal Renovations

Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

JUNE 22, 2020

What changes will there be, if any, to the appraisal and valuation process because all aspects of our society are being forced to carry on their daily activities differently while trying to protect ourselves from a sometimes debilitating, sometimes deadly, always mercurial virus with no known cure? About the Authors.

Valuation

Valuation Real Estate Appraisal Retail

Race and the Property Valuation Industry

Freddie Mac Research Explores Causes for the Appraisal Valuation Gap for Homeowners in Minority Neighborhoods

Trending Sources

The Value of Words in Valuation

FHFA takes a swing at racial bias in appraisal

No Time Adjustments!?

[Podcast] Masters In Business: Jonathan Miller on the Real Estate Industry

Class Valuation Requests for Proposals

Class Valuation Maximizing ROV Conversion Rates

Federal agencies seek input on proposed AVM credibility, integrity rule

Zillow Zinged

Attracting More Appraisal Business

Dear sellers, the housing market misses you

Federal Valuation Agency Impact on Appraisers & the Public

Bias in Automated Valuation Models

Under-Valuations Unrelated to Racial Bias

Is A Cubicasa Scan an Inspection?

THE CON Episode 1 Debuted This Week And It Was Compelling Because Good Appraisers Lived That Hell Too

Lumber prices, bias, & slowing in the housing market

The Difference Between Pricing a Property and Appraising It

VA Alternative Valuation Methods

What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Starbucks cups & price per sq ft in real estate

Valuation Connect Demands Licenses, Denies Fair Pay

11 Twitter accounts to help you stay up-to-date on the housing market

9 tips for homebuyers in non-disclosure states

How U.S. Home Valuations Are Being Subverted

Appraisal bias plan promises barrage of actions in the near term

14 indispensable AI tools for real estate agents

3 Tips for Downsizing Your Home While Keeping Your Pet Safe and Happy

Pickleball is keeping folks moving in Ohio… Cleveland housing prices are also on the move!

FHFA analysis finds racial disparity in appraisers’ use of time adjustments

Planning for a Home Renovation: A Guide

Six Essential Steps to Commercial Real Estate Success

What Is a Reconciled Value?

My Interview with the Senior Marketing Manager at CubiCasa

Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisals and Valuation Concerns in the Current Market

Was This Home Overimproved or Underimproved?

3 Ways Agents Can Help Appraisers to Be More Accurate

What’s My Business Really Worth? 12 Q&A To Solving Your Business Valuation Mystery [2021]

Tips for Making a Successful Transition to a New City After a Personal Low Point

Appraisal Reports Are Like Flipbooks

AVM’s & Punxsutawney Phil’s Accuracy

Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

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