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Class Valuation Requests for Proposals

Appraiserblogs

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.

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Class Valuation Maximizing ROV Conversion Rates

Appraiserblogs

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!

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Valuation Connect Demands Licenses, Denies Fair Pay

Appraiserblogs

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.

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The Value of Words in Valuation

Appraisal Buzz

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]

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Race and the Property Valuation Industry

Appraisal Buzz

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.

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

Appraisal Buzz

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.”.

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VA Alternative Valuation Methods

Appraiserblogs

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.

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