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Velox Valuations Expands Nationwide: New Franchises Launch in Nashville and San Diego

Appraisal Buzz

Velox Valuations, a leading national real estate appraisal firm, has announced the launch of two new franchise territories, further expanding its innovative, technology-driven business model across the United States. This approach ensures precise, consistent, and accountable appraisals.

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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process. Additionally, appraisers can use statistical tools to identify outliers and focus on sales that exhibit consistent market patterns.

Appraisal 358
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The appraisal revolution: How Opteon is transforming the lending landscape

Housing Wire

The efficiency and reliability of property appraisals are the linchpin to the success of a steady flow of mortgage transactions. Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process.

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White House marks one year of PAVE appraisal bias action plan

Housing Wire

Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S. FHFA, along with HUD, [the U.S. Department of Agriculture (USDA) and the U.S.

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Appraisal Foundation: Appraisers must take course on bias

Housing Wire

. “In this way, we are directly reacting to appraisers needs to maintain and enhance public trust, as well as be a valuable and useful resource for appraisers with relevant and timely course materials,” Desmarais said. Soon after, the Appraisal Foundation took control of USPAP.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. This ensures that, even if revisions to the property data collected are needed, no one will have to return to the property for additional data.

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Zillow Zinged

Cleveland Appraisal Blog

However, I believe that they’ve put too much value in their “values” Valuation is not their expertise. My appraiser compadre and fellow blogger Ryan Lundquist, at the Sacramento Appraisal Blog, wrote an excellent piece this week on the situation with Zillow. VALUATION IS NOT EASY OR SIMPLE.

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