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Waiving the appraisal means the buyer will purchase the property regardless of the outcome of the appraisal, said Lynn Madison, trainer and CEO of Lynn Madison Seminars who currently serves on NAR’s Professional Standards and RealProperty Valuation committees. “Be
Because of the financial capabilities, motivations, or special interests of a given buyer or seller, the price paid for a property may or may not have any relation to the value that might be ascribed to the property by others.” With over 16,000 members, AI is the largest realproperty professional association.
The residential appraiser already has the knowledge and practical application of the fundamental appraisal process and practical experience valuing realproperty. This update examines key trends across various segments of the housing market, providing critical insights for real estate appraisers. percent from 6.93
I also think that now is the time to increase your appraisal skills by taking classes and seminars. From accusations of bias or discrimination to failure to disclose significant realproperty appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. percent from 7.14
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