Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Navigating appraisal challenges in today’s housing market.

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Appraisal Valuation Real Estate Modernization 370

Appraisal Buzz

MAY 20, 2024

As an appraiser, you’re already familiar with buzzwords like seller’s and buyer’s markets. A seller’s market indicates demand is high and inventory is low, while a buyer’s market means inventory is high and demand is low. Long Waiting Lists There are only so many trained appraisers available, so you may have a long waiting list.

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Appraisal Marketing Valuation Sellers 370

Appraisal Buzz

APRIL 8, 2024

As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. Lack of Transparency: Traditional appraisal methods often lack a clear audit trail, making it difficult to trace back decisions or valuations.

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Technology Appraisal Valuation Supply Chain 418

Appraisal Buzz

FEBRUARY 10, 2025

However, as the days are getting longer, the time for spring training and the start of another season of baseball is just around the corner. Automated valuation models (AVMs), and more recently artificial intelligence, have started to encroach on the role and need for human appraisers.

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Technology Valuation Appraisal Real Estate 195

Housing Wire

JUNE 7, 2024

When a potential buyer or seller lead searches for homes or a home valuation on Google, they are driven to your site by ads created and managed by Zurple’s advertising experts. You’ll get alerts about the hottest leads that include personalized talking points, properties of interest, and housing market data to reference.

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Advertising Tools Real Estate Sellers 455

Housing Wire

AUGUST 7, 2020

The brokerage said this revenue decline was due to temporary COVID-19-related financial-support initiatives it introduced in April, which reduced continuing franchise fees and marketing funds fees, as well as reducing broker fees stemming from lower existing home sales. “The U.S. Agents also closed $85.3

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Brokerage Training Agents Technology 397

Appraisal Buzz

OCTOBER 14, 2024

According to Epoch research , “Since 2010, the amount of training computed for machine learning models has grown by a factor of 10 billion, significantly exceeding a naive extrapolation of Moore’s Law.” They also are using computer vision to validate third-party valuations prepared by appraisal management companies.

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Valuation Renovations Technology Appraisal 368

Housing Wire

JUNE 30, 2021

PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Despite uncertain economic times, the housing market experienced a surge during the pandemic.

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Clients Valuation Real Estate Appraisal 397

Housing Wire

FEBRUARY 5, 2021

Mortgage Champions founder and CEO Dave Vermillion will be speaking on a panel covering operational strategies in the current market at HousingWire’s Spring Summit on March 4. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

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Training Technology Valuation Real Estate 325

Appraisal Buzz

MARCH 31, 2025

In both my Coast Guard and police training, we are taught to deescalate situations, keep things as calm as possible, and only to escalate use of force when it is called upon. In both the above situations, I was able to keep myself calm, the tenant calm, and to redirect to deescalate their actions.

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Tenants Appraisal Inspection Landlords 301

Housing Wire

JUNE 28, 2021

I have always been good with numbers, and I enjoy looking at houses,” he said. But DeZarn was an independent contractor business of one, and he lost his clients in 2008 when the housing market imploded. But they did not become key players in the home valuation industry until the recent housing bubble.”.

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Appraisal Valuation Business Contracts 435

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. But then they had to hire me to perform an appraisal.

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Appraisal Real Estate Agent Real Estate Valuation 305

Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic.

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Appraisal Appraisal Process Valuation Renovations 370

Housing Wire

MAY 18, 2021

Real estate and mortgage industry professionals are facing major challenges to meet the escalating demands of the housing market. It is no wonder then that, when asked, WFG’s lender clients and their borrowers identified training, collaboration, process efficiency and communication as the four major pain points they want to improve.

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Mortgage Training Clients Development 236

Housing Wire

MARCH 15, 2024

Title firms collecting and making use of advanced analytics and proprietary technologies can provide invaluable insights into housing market trends, property valuations, and risk assessment. CREs need not go it alone. They can be, in essence, the “boots on the ground” for investors and developers alike.

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Brokerage Real Estate Investors Development 448

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Additionally, the need for technology upgrades and training to adapt to these new systems poses a challenge, especially for smaller firms or individual appraisers.

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Appraisal Design Lending Technology 397

Appraisal Buzz

SEPTEMBER 23, 2024

This article is written by Brent Bowen – author, CE instructor, and Chief Appraiser at Texas Valuation Professionals, Inc. His training webinar on Market Indexing for Appraisers: How to Master Market Condition Adjustments is coming up next Thursday, October 3rd. Click here to register.

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Sellers Appraisal Marketing Buyers 395

Appraisal Buzz

JULY 8, 2024

There are also the economics of training new appraisers and the numerous and disparate state laws and lender prohibitions. All of these negatively impact the ability to train the next generation of appraisers. As the United State’s population increases, most occupations are graying.

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Modernization Inspection Appraisal Technology 367

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. Click here to visit their website. I hope you will also… .

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Appraisal Law Development Valuation 312

Appraisal Buzz

AUGUST 12, 2024

Furthermore, the ability to integrate market information from MLS and other data sources directly into the software will enhance the appraiser’s ability to perform accurate and timely analyses. Robust support and training are quintessential for a smooth transition to the new UAD standards.

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Appraisal Inspection Lending Training 370

Appraisal Buzz

APRIL 25, 2022

We have often heard criticism about these long descriptions of areas that seem to have little to do with the goal of ‘supporting’ a personal professional opinion of market price (called ‘value’). In traditional valuation dogma, the next step is picking comps. In EBV (Evidence Based Valuation)©. Pick comps. Except when it is not!

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Valuation Appraisal Training Design 150

Clear Capital

MAY 24, 2022

Using an Automated Valuation Model (AVM) for real estate valuations isn’t new in the mortgage industry. Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. The housing needs are changing.” .

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Housing Market Valuation Marketing Real Estate 69

McKissock

FEBRUARY 4, 2022

The share of new construction homes on the market rises to a record high. The value of the housing market as a whole has doubled since the early 2010s. Incenter Appraisal Management and McKissock Learning partner to host several desktop valuation training webinars. In 10 years, the housing market has doubled.

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Construction Housing Market Appraisal Training 52

Appraisal Today

NOVEMBER 1, 2024

A well-appointed kitchen can significantly enhance a property’s appeal and marketability. As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations. Let’s dive into appraising kitchens and how the room impacts market value. Early 2025 Appraiser training starts.

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Appraisal Training Contracts Mortgage 91

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Valuation for insurance claims. There are many reasons you may need to know the value of your property and for this, you need a home appraisal.

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Appraisal Inspection Property Taxes Easement 110

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. I blend this with occasional review work and traditional valuation for banks/lenders, and it’s been a blessing to keep afloat during these very difficult times!”

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Lending Appraisal Training Property Taxes 99

Clear Capital

MARCH 2, 2023

March 2, 2023 – Clear Capital , a national real estate valuation technology company, today announced the launch of Universal Data Collection (UDC) , the latest in the Company’s suite of products designed to support appraisal modernization. Clear Capital is a leading provider of hybrid appraisals for mortgage origination.

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Modernization Appraisal Valuation Real Estate 69

Appraisal Today

JANUARY 31, 2025

Fannie Mae only accepts the sales comparison approach as its primary valuation tool. Now, with Florida’s luxury housing market experiencing a major boom, the compound is back on the market with the same sky-high price. Valuation Profession Fact Sheet Effective 08/01/2023 Men 67.9% 300 linear ft. Asian 1.8%

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Appraisal Contracts Real Estate Insurance 68

Appraisal Today

SEPTEMBER 27, 2024

By considering the unique aspects of water frontage, local regulations, environmental factors, and property-specific amenities, you can provide credible and comprehensive valuations that reflect the worth of these highly sought-after properties. Training for this new process for appraisers should begin occurring in 2025, Quarters 2.5-3.5.

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Property Appraisal Appraisal Training Contracts 80

Appraisal Today

APRIL 5, 2024

Lanham, 20/20 Valuations, and loanDepot.com, U.S. They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination. District Court, Maryland. The settlement does not include the defendant appraiser.

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Appraisal Contracts Business Construction 86

Genworth MI Blog

JULY 13, 2023

The current housing market has been met with low housing inventory, yet demand is still relatively high. But with obstacles in the way for many, lenders need to stay updated on market trends and understand how every part of the homebuying journey might be impacted. That’s where you, the lenders, can step in and help.

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Appraisal Inspection HOA Real Estate 78

Clear Capital

JULY 28, 2021

Clear Capital increases commitment to better serve today’s rapidly changing housing market. Although there is concern across the industry about a stagnant or shrinking housing market, purchase mortgage opportunity is not only growing, it’s changing. ORLANDO, Fla. percent of all purchase dollar opportunities.

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Valuation Development Real Estate Agent Real Estate 36

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. Recommendations include: Add representation from the U.S. HOW TO USE THE NUMBERS BELOW.

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Appraisal Construction Contracts Architecture 86

Appraisal Today

JULY 12, 2024

I was first trained as a scientist, starting with my high school biology class. I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. What about a degree in another field that did not include any appraisal-related training? I got it for MLS access.

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Appraisal Design Contracts Business 75

Raleigh Realty

MARCH 23, 2021

This step is critical because homes that are priced too high may sit on the market for months on end with no buyers and homes that are priced too low may lead you to lose money in the long run. Real estate agents have access to various comparative tools and have been trained on how to do this specialized research.

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Real Estate Agent Real Estate Realtors Contracts 133

AmeriMac

DECEMBER 15, 2024

They manage the appraisal process to find out the market value of homes. AMCs hire licensed appraisers and use detailed valuation models. This rule stops lenders from affecting the appraisal process, which helps keep valuations unbiased. AMCs that focus on these areas have a strong advantage in the housing market.

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Tools Appraisal Appraisal Process Valuation 36

The Robert Weiler Company

NOVEMBER 10, 2021

Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Ideally, you want your property to be at or very near an intermodal transit point where planes, trains, trucks, and seagoing vessels easily interchange.

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