McKissock

DECEMBER 28, 2021

The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards. Housing market trends for 2022. This market change, Traut says, is likely to lead to more manageable and constant appraisal workloads than the unparalleled extreme demand experienced over the past year.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Appraisal Today

AUGUST 9, 2024

Depending on the specific appraisal assignment, different types of value may be considered. Let’s examine eight different types of value and provide a high-level overview of each. Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions.

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Appraisal Reconsideration of Value Insurance Market Value 70

Appraisal Today

JULY 12, 2024

At the center lies this crucial inquiry: Are only essential requirements included in the Real Property Appraiser Qualification Criteria? The 1007 was not designed for appraising single-family properties that are used as STRs. Specifically, the 1007 calls for the “Indicated Monthly Market Rent.”

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Appraisal Design Contracts Business 71

Appraisal Today

SEPTEMBER 9, 2022

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” The appraiser must now reconcile these three values into one final opinion of value. By Greg Stephens, SRA, AI-RRS.

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Reconsideration of Value Appraisal Clients Contracts 52