Appraisal Buzz

JUNE 13, 2022

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Luke Tomaszewski: I’m an 18-year veteran of the real-estate valuation industry.

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Valuation Technology Real Estate Appraisal 370

Housing Wire

MARCH 31, 2022

The new Federal Valuation Agency would be responsible for developing real estate valuation standards and appraiser criteria, a function the Appraisal Foundation currently performs. The draft bill also proposed an “Office of Fair Lending” within the new valuations agency, which would report to the head of the agency.

Appraisal 448

Appraisal Valuation Training Government 448

Housing Wire

JULY 11, 2024

Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. Advanced data collection: The future of appraisals Data collection is a cornerstone of Opteon’s strategy to revolutionize the valuation industry.

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Lending Appraisal Appraisal Process Valuation 467

Housing Wire

FEBRUARY 27, 2024

He also held several senior executive roles at Kroll Factual Data, a national mortgage information company, including as a senior strategic executive and senior vice president of operations. “I’m Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders.

Tenants 446

Tenants Valuation Clients Training 446

Housing Wire

SEPTEMBER 13, 2023

This latest product uses computer vision to assess aerial imagery from airplanes and other sources and extracts information about property conditions, with a focus on marketability and property value , the company said Wednesday. The solution renders an array of nationwide property information available in one PDF report.

Tools 418

Tools Valuation Inspection Investors 418

Housing Wire

MARCH 1, 2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” We are on a journey of continuous improvement to make the home valuation process more efficient and accurate. “The

Appraisal 482

Appraisal Valuation Appraisal Process Technology 482

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 459

Appraisal Valuation Finance Training 459

Housing Wire

FEBRUARY 18, 2022

This week’s HW+ member spotlight features John Brenan, vice president of Valuation Policy and chief appraiser at Clear Capital. At Clear Capital, Brenan oversees the quality of the company’s appraisal and valuation products and implements changes to continually evolve the program. .

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Training Valuation Appraisal Real Estate 397

Appraisal Buzz

JUNE 10, 2021

Through the partnership with SkillBridge, Clario’s training program will upskill and employ 35 active service members transitioning to civilian life in the next 12 months. To apply for the training program, visit this website. We specialize in real estate valuations for the mortgage lending and financial services industries.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

MARCH 13, 2024

Called RAIA, Offrs AI chat tool uses conversational AI trained by licensed agents to qualify leads for you. Visit Tidio Property valuation and market analysis AI-supported property valuation and market analysis tools give real estate agents a decisive edge in quickly and accurately determining property values and understanding market trends.

Real Estate Agent 448

Real Estate Agent Real Estate Tools Agents 448

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. This means that instead of relying on a single entity (like a bank) to keep track of transactions, blockchain distributes this information across multiple nodes.

Technology 418

Technology Appraisal Valuation Supply Chain 418

Appraisal Buzz

OCTOBER 14, 2024

Meanwhile, incomplete or inaccurate information can lead to faulty lending decisions that put lenders and their AMCs at risk. Today, new technology can assist appraisers, AMCs and lenders with visual inspection, analysis, and intelligence to validate information, detect issues, and derive data-backed insights on every loan.

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Valuation Technology Renovations Appraisal 368

Housing Wire

APRIL 30, 2022

Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa. Duane Andrews, CEO, Clear Capital. lenders and nearly every mortgage investor. Kenon Chen, Executive Vice President of Corporate Strategy.

Appraisal 370

Appraisal Valuation Technology Real Estate 370

Housing Wire

JULY 3, 2024

For instance, we started working with machine learning for automated valuation models back in 2017. Like any powerful tool, it is essential to install proper fundamentals such as training, testing, accountability and continuous improvement before implementing. Then ChatGPT came on the scene. But herein lies that problem.

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Training Tools Lending Valuation 435

Housing Wire

MAY 25, 2021

A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry. And appraisal waivers would be informed, not blind. Delegating onsite data collection.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

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. Training resources & marketing tools Zurple also offers users downloadable training resources and marketing tools.

Advertising 458

Advertising Tools Real Estate Sellers 458

Housing Wire

AUGUST 31, 2023

Last year, Freddie Mac launched another solution that allows a trained property data collector to visit the home and gather images, measurements and property characteristics. A trained and vetted third party can perform the data collection. More recently, Fannie Mae launched a similar solution. But you already know this.

Modernization 418

Modernization Appraisal Inspection Valuation 418

Housing Wire

AUGUST 25, 2024

The right real estate brokerage software will help you gain market share, train, recruit, and retain more (and better) agents, and make more profits. Finding systems that can help you train more agents with fewer headaches is a win-win for you and your agents. MaverickRE then automatically sends that information to your CRM.

Real Estate 435

Real Estate Brokerage Contracts Training 435

Housing Wire

MAY 23, 2023

To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you. Appraising can be a subjective process in a lot of ways — as appraisers are always working within dollar ranges and imperfect information.

Technology 397

Technology Appraisal Lending Valuation 397

Housing Wire

DECEMBER 6, 2023

Having the right real estate transaction management and CRM softwares is not just helpful, but rather a necessity for navigating the complexities of a market where informed decisions and quick responses can make the difference between closing a deal and missing an opportunity.

Real Estate 448

Real Estate Agents Real Estate Agent Tools 448

Housing Wire

AUGUST 31, 2020

Finding an appraisal management software for real estate and commercial that works the way each individual lender does is difficult – usually resulting in time-consuming configurations, development work and training. The interface is so easy to navigate that lenders need almost no training. PRODUCT: EVO.

Appraisal 397

Appraisal Training Real Estate Design 397

Appraisal Buzz

AUGUST 8, 2022

Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. We continue to encourage properly trained new entrants to strengthen the profession in all these ways.

Appraisal 397

Appraisal Training Appraisal Process Business 397

Housing Wire

APRIL 20, 2021

The public response to the recent Federal Housing Finance Agency (FHFA) Request for Information on appraisal-related issues was significant, with 164 unique written comments. Appraiser training, education and data availability are critical components to improving the accuracy, credibility and integrity of appraisals.”

Technology 418

Technology Appraisal Valuation Lending 418

Housing Wire

FEBRUARY 1, 2024

Your real estate website should serve multiple functions, almost like a digital business card with an MLS listing storefront, a booking platform, a home valuation page, and even your background story and biography. Make sure your visitors can easily follow the flow of information and navigate the site with ease.

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Real Estate Real Estate Agent Agents Brokerage 476

Appraisal Buzz

MAY 6, 2024

Today, we are announcing a new step in our work to root out racial and ethnic bias in home valuations, which will give borrowers greater ability to have their home valuation reconsidered.” These disclosures must be provided at both the time of mortgage application and at the presentation of the appraisal.

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Reconsideration of Value Valuation Appraisal Appraisal Process 150

Housing Wire

APRIL 27, 2021

A desire to see the collateral analysis and valuation process evolve, modernize, and move forward—whatever term you prefer. Based on these classifications, additional information would be input. For a single-unit home, HOA information or project amenities would not be needed.

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Modernization Appraisal HOA Valuation 347

Appraisal Buzz

MAY 20, 2024

Difficulty Finding Comps You might have difficulty finding comparable properties to base your valuation on in a buyer’s market. Long Waiting Lists There are only so many trained appraisers available, so you may have a long waiting list. Stay informed as closing nears. In a buyer’s market, such figures are rarely that perfect.

Appraisal 370

Appraisal Marketing Valuation Sellers 370

Housing Wire

JULY 29, 2024

AI is learning all the time, which means it has to be fed and trained on accurate, up-to-date data. Compliance note: Personally identifiable information has to be stripped out before AI is involved and a human needs to verify the mitigation plans. Those updates have to be baked into the process from the beginning.

Tools 360

Tools Training Tenants Property Management 360

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. Everyone who works at PCV Murcor is trained knowing we are all in this together.”.

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Clients Valuation Real Estate Appraisal 397

Housing Wire

MAY 18, 2021

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. These programs run the mortgage origination gamut – from valuation and appraisal, to title and closing.

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Mortgage Training Clients Development 293

Housing Wire

SEPTEMBER 6, 2023

With the advent of proptech services entering the real estate industry, buyers are becoming more thoroughly informed every day, long before they even speak to an agent. Here is just one example among many: Proportunity helps would-be property owners to get a fair and up-to-date valuation of residential real estate.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Marketing 418

Housing Wire

APRIL 4, 2023

“The biggest opportunity in my mind in the near to medium term remains [finding] ways to take unstructured data and leveraging that and turning it into machine readable machine information,” said Steve Holden, senior vice president of single-family analytics & modeling at Fannie Mae.

Technology 435

Technology Finance Training Valuation 435

Housing Wire

FEBRUARY 8, 2022

In a December 2020 request for information, FHFA highlighted potential benefits of desktop appraisals, including assisting training of new appraiser trainees, and alleviating appraiser shortages in rural and high-volume areas. Desktop appraisals, he said, still hold the appraiser responsible for getting the correct information.

Appraisal 370

Appraisal Appraisal Process Valuation Renovations 370

Housing Wire

AUGUST 3, 2023

It is trained on text data and learns to identify patterns from that data to generate human-like text responses. It will instantly share new information with all connected AI systems, continually expanding its database and understand it in ways humans could not process. ChatGPT uses neural networks to learn from experience.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

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.

Appraisal 301

Appraisal Real Estate Agent Real Estate Valuation 301

Housing Wire

JULY 12, 2022

JB: We just approved a brand new training department for VA. We now will have our first training group that will be intensely focused on just spreading the word, getting information out to lenders, veterans and real estate agents. MV: How is the VA educating stakeholders in the industry about improvements made to the program?

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Modernization Appraisal Process Appraisal Training 370

Housing Wire

NOVEMBER 16, 2023

As the Sitzer/Burnett case may well show, most listing agents are trained to steer their clients to offers that support this dynamic. Each offer is an instructive data point, representing leading indicators of home value and market trends, informing price trajectory in a way that no appraiser or automated valuation model can.

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Realtors Contracts Real Estate Agents 448