Appraisal Buzz

FEBRUARY 28, 2022

“We tend to overestimate the effect of a technology in the short term and underestimate the effect in the long term.” This is the little-known Law of Amara that describes how we perceive the impact of new technology on our lives. This is the digital transformation of the appraiser’s inspection data. 5G transmission speeds.

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GoForrmz

JUNE 3, 2022

Join the ‘Work to Zero’ movement with safety-enhancing technologies in your workplace Often reserved for thoughts of the Industrial Revolution, the idea that death in the workplace is still a threat today seems unimaginable. ” — The Center for Construction Research and Training (2019). In the U.S.,

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Appraisal Buzz

OCTOBER 14, 2024

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. However, manual reviews of appraisals, property condition, renovation estimates, and more do not scale efficiently.

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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. Property data collection consists of a complete interior and exterior inspection of the subject property. More recently, Fannie Mae launched a similar solution.

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Housing Wire

OCTOBER 2, 2023

Appraisal Firewall X connects mortgage lenders with vetted and trained property data collectors to deliver the value acceptance + property data and hybrid appraisal solutions, the company said in a release. Xactus Appraisal Firewall X provides data for both processes.

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Valuation Training Modernization Appraisal 434

Clear Capital

AUGUST 28, 2024

The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and borrowers. What is an inspection-based appraisal waiver, who can act as a property data collector for inspection-based appraisal waivers, and how can lenders take advantage?

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Housing Wire

SEPTEMBER 13, 2023

It makes accessible information that used to be hard to obtain, such as the condition of the backyard, the proximity of a property to a loud road, train tracks, or a body of water as well as the occupancy status of a property. The solution renders an array of nationwide property information available in one PDF report.

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Housing Wire

AUGUST 11, 2023

While the industry as a whole has been adopting new technology , the appraisal process has remained relatively unchanged — right down to the forms used to complete them. We’re trying to responsibly leverage data and technology to save time and reduce costs in the origination process through different valuation options.”

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Valuation Modernization Training Appraisal Process 358

GoForrmz

SEPTEMBER 26, 2024

How technology is revolutionizing safety protocols in food production and processing Ensuring safety in food production isn’t just about complying with regulations; it’s about protecting the health of consumers, maintaining brand reputation, and ensuring operational efficiency.

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Appraisal Buzz

OCTOBER 18, 2021

My solution was to hire and train a few folks that could help me develop and support my workflow and processes. Having been an instructor on residential topics for a few years, I felt that the best way to go was to hire and train individuals that wanted to become appraisers. The Problem with Trainees. But that is the reality.

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Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

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Appraisal Inspection Real Estate Agent Training 435

Housing Wire

MARCH 10, 2023

For the new value acceptance plus property data option, third parties are authorized to do that collection at the property site, as long as lenders verify that they have a background check, have been “professionally trained” and are competent to do that collection.

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Housing Wire

SEPTEMBER 13, 2022

Even recently, with technologies like virtual tours or dollhouse-style immersive walkthroughs that provide floor plans, those services can be expensive and require special training and equipment and take a long time to collect data, Allen explains. And properties in the United States are very large and complex.”.

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Housing Wire

MARCH 23, 2021

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: How and why has appraisal management technology evolved over the past year?

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Appraisal Buzz

JULY 25, 2022

Buzz: In what ways is new technology impacting the future of appraisal industry in regards to this new process? Josh: Multiple developers have created inspection apps which scan properties and generate floor plans and 3D representations of the improvements.

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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. Buzz: How is new technology shaping the industry? Buzz: Why should appraisers attend this webinar?

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Valuation Technology Real Estate Appraisal 370

Housing Wire

OCTOBER 29, 2024

The current state of appraisal waivers Since Fannie Mae’s introduction of appraisal waivers in December 2016 and Freddie Mac ’s in June 2017, appraisal waivers—formerly known as Property Inspection Waivers (PIWs)—have become standard in the industry. Some vendors also include a 3D virtual tour.

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Appraisal Valuation Modernization Appraisal Process 454

Housing Wire

DECEMBER 14, 2022

In October, the company added more than 275 subcontractors that complete inspections, preservation and yard/snow services to its network. In terms of 2022 as a whole, Safeguard has added more than 4200 people working at the numerous preservation, lawn service, inspection and various trades that are part of the company’s network.

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Appraisal Buzz

AUGUST 12, 2024

There will be many more data elements related to the inspection. Using a mobile device for inspections will be a must in the future. Appraisers should start using mobile devices in their practice right now to become familiar with the technology. Appraisers can prepare for this change by using those tools right now.

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Appraisal Inspection Lending Training 370

Housing Wire

OCTOBER 29, 2021

Luckily, the technology and infrastructure we had in place at ServiceLink kept our client service uninterrupted. We’ve invested hundreds of millions of dollars in leading-edge title technology – and our teams of top data scientists, inventors and engineers ensure our processes are as automated as possible.

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Inspection Technology Clients Tools 369

GoForrmz

NOVEMBER 21, 2024

By using tools like digital forms and mobile technology, construction managers can streamline processes, improve communication, and significantly reduce project delays. The Problem with Traditional Data Collection Construction projects rely heavily on data, from safety inspections and daily logs to permits and inventory tracking.

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Construction Supply Chain Project Management Tools 78

GoForrmz

SEPTEMBER 14, 2023

Sanitation and Cleaning Schedules Setting digital schedules with automated reminders, and using digital forms and checklists for cleaning and inspections means a faster, reliable way to ensure your cleaning standards are met.

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Tools Training Inspection Business 148

GoForrmz

MAY 9, 2024

Leveraging technology for safety construction practices While safety continues to be a priority in the construction industry, it’s not without reason. By digitizing safety inspection forms and checklists, construction companies can conduct thorough inspections more efficiently.

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Construction Training Inspection Technology 78

GoForrmz

APRIL 16, 2024

Originally published on 04/23/2019 Streamline manufacturing procedures with digital and online forms Digital and online forms drastically simplify manufacturing inspections, procedures, and oversight. This form can facilitate inspections, safety walks on the factory floor, training procedures, and more.

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Inspection Training Tools Inventory 148

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. If anyone has been in the appraisal industry for a while they do know that it has been changing with technology. Appraisers have been trained in knowing what to look for.

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GoForrmz

JUNE 20, 2024

Implement technology to enhance safety and efficiency on construction sites Construction sites are bustling hubs of activity, but they also present numerous safety risks. Traditional methods of managing construction safety, such as paper forms and manual inspections, can be inefficient and prone to errors.

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Tools Construction Training Inspection 60

GoForrmz

APRIL 14, 2023

Protect the teams working to provide clean energy It’s no secret that the clean energy industry is booming, with continuous advances in available technologies and a global desire to find innovative solutions for climate change, the future of clean energy looks bright.

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Training Inspection Business Construction 78

GoForrmz

JANUARY 23, 2024

For example, in the course of a regular equipment inspection, a shop foreman identifies a malfunctioning piece of equipment. Using a digital inspection form, they promptly document the issue and submit it to the on-site supervisor. For instance, a company-wide quarterly online form can be distributed via email.

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Clear Capital

JULY 14, 2023

The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers. Inspection-based appraisal waivers — filling the gaps in traditional waivers For many years, there have only been two options for lenders — a traditional appraisal or an appraisal waiver.

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Appraisal Inspection Real Estate Agent Training 60

GoForrmz

SEPTEMBER 22, 2023

Clear and Comprehensive Training and SOPs The first step in your fight against foodborne illnesses is setting a safety standard that your entire team knows well, and keeps in their minds during every shift. Starting with detailed training is only the beginning, and shouldn’t be treated as a “one-and-done” process. Sielaff, A.

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Clear Capital

SEPTEMBER 13, 2023

Great news for users of Encompass® by ICE Mortgage Technology®. What is Encompass by ICE Mortgage Technology? Encompass is a digital lending software available through ICE Mortgage Technology. Encompass is a digital lending software available through ICE Mortgage Technology.

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Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. However, it was deemed as too challenging technologically so it languished. It is trained on text data and learns to identify patterns from that data to generate human-like text responses.

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Cleveland Appraisal Blog

AUGUST 6, 2021

With wide-angle lenses and amazing camera technology, a good photographer can make a room look more attractive in a picture than in person. WAIVING HOME INSPECTIONS. He said this year has been extremely slow for him because people are waiving home inspections to get a competitive edge on other buyers, bidding on the same home.

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GoForrmz

JUNE 6, 2024

Leveraging technology to foster proactive and accountable safety practices In the quest to improve safety, oil and gas technology plays a crucial role. Modern technologies are not only streamlining operations but also significantly enhancing safety protocols.

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McKissock

APRIL 1, 2022

There are many technology tools available to make your workflow faster and smoother. To better understand what sort of technology training and webinars would be the most useful to you, we asked appraisers, “On what appraisal software tools would you like additional training? Bradford Technologies (6).

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GoForrmz

AUGUST 8, 2024

By switching to digital forms and other technologies, construction companies can maintain better records, enhance communication, and ensure compliance, ultimately keeping projects on track and within budget. Automated Safety Checks: Digital safety management systems can automate routine safety checks and inspections.

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Appraisal Buzz

OCTOBER 25, 2021

The appraisal industry was front and center at this show and most of the appraisal discussion centered around three specific topics: Technology, Trainees, and Diversity. Secondly, this will allow technology companies, lenders, and appraisers to develop new processes and technologies around desktops.

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