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This app lets homeowners generate floor plans of their homes for free

Housing Wire

we’re helping potential buyers make more informed decisions, while empowering agents and sellers to market their properties more effectively, and supporting a modern valuation process for both appraisers and lenders,” said Jeff Allen, president of CubiCasa. How smart home technology can benefit renters and property managers.

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Accurate property condition data is more important than ever – Here’s why

Housing Wire

All of these markets benefit from an accurate understanding of valuation and property characteristics, but the data sources that power them leave out a crucial component: property condition. HW: What are some challenges facing investors as they pertain to valuation and property characteristics?

Investors 418
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Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

Thorough due diligence, including property inspections and assessments, and adequate cash reserves are crucial to identify and address potential concerns. Network and Expert Team: Build a team of real estate professionals, including real estate agents, property managers, and construction experts.

Investors 195
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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

You can choose to act as the landlord, handling the typical day-to-day responsibilities; or you can consider hiring a commercial property manager who will administrate those aspects for you. For first time buyers, hiring a property manager is recommended. Skimping out of the physical inspection.

Investing 138
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Asset Manager Property Database – Why You Need One

Real Quantum

Turns out, Realquantum’s research found 82% of those in commercial valuation roles are dependent on a manual, spreadsheet-driven process. Specifically, this includes the asset manager’s own properties and comparables they collected along the way. Use a property database that follows industry best practices. Underwriting.

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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. They all handle land and building acquisitions and dispositions, as well as condemnation valuations.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers should consider learning more about desktop appraisals and the hybrid/bifurcated appraisal process and using remote inspection tools such as RemoteVal ,” she advises. The PAVE Task Force is expected to issue a report with recommendations on how to reduce racial bias in home valuations sometime in early 2022,” he says.