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He also served on NARs Investment Advisory Board and RealProperty Operations Committee, and he was the secretary-treasurer of the REALTORS Relief Foundation. Pierpoint has served NAR for nearly four decades, including serving as CFO and as a staff executive to NARs Finance Committee for 20 years.
She has more than 30 years of litigation experience, with 27 years specifically devoted to business and real estate litigation involving the mortgage lending and servicing industries. Her experience has landed her several speaking engagements at training seminars, conferences, and continuing legal education courses on realproperty issues.
By focusing on its clients and their processes, WFG helps compress the time required to close a loan and/or transfer realproperty ownership. That, plus challenges with capacity, as well as technology integration and implementation, continue to inform WFG as we develop new solutions that address our customers’ needs.”
When supported by the right technology, appraisers can substantially reduce their turn times and improve customer service. At Voxtur, we are focused on solving legacy industry issues with technology. And with the option to white label the technology, lenders can control messaging, branding, and service delivery.
The strong standards in the bill are important to prevent fraud and offer consumers a more secure alternative rather than simply using free online audio-audio technology when buying property or refinancing a mortgage. In real estate transactions, notarizations must provide certainty for property transfer.
Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.
One of the advancements this year has been the adoption of new technology platforms like chatGPT, using AI to mimic somebody’s voice to spoof phone numbers. And that’s all publicly available technology now. And then they will impersonate the property owner. And the seller net proceeds continue to be a target.
The mission of the valuation professional has always been as objectively as possible to evaluate a property and analyze data to provide credible results that users could rely on to solve problems relating to their specific needs. For all the value of technology, we would be wise to avoid mistaking these tools for the solution.
Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on realproperty, all at no additional cost and integrated with their MLS platforms,” read the March release.
How tech solutions are transforming the 2025 real estate landscape The real estate industry is evolving rapidly, and with 2025 on the horizon, the technological advancements, and general market, show no signs of slowing down. Cybersecurity: Protecting Sensitive Data As technology adoption grows, so do cybersecurity risks.
Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform realproperty management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!
“We are glad we felt that something fishy was going on and that our technology partner, CertifID, verified those feelings for us.” This recent trend involving seller impersonation is particularly concerning, as the realproperty owner is typically not aware nor in a position to prevent the fraud, until it is too late,” said Thomas W.
With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a realproperty appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? Isn’t that all that appraisers do?
Enroll Now Methodology: How we chose the best real estate classes in Washington State We work to earn your trust by sharing exactly how we rate the schools on our list. Those two courses are: Washington Real Estate Fundamentals (60 course hours). Washington Real Estate Practices (30 course hours).
You’ll be better positioned to become established in the industry by having this support early on in your real estate career. The support and mentorship opportunities When selecting a firm, look for a brokerage that will support your professional growth by offering mentorship and training programs.
Over the past several years, the single largest source of business for realproperty appraisers has been residential mortgage lending, specifically mortgage refinances. He says the biggest challenge facing commercial appraisers is that some firms won’t create and implement new processes and embrace the latest technology.
Since the real estate market impacts the work of realproperty appraisers, demand for appraisers can fluctuate from year to year. Technology. Technology has a tremendous effect on how efficiently and credibly appraisers can complete assignments, which is appealing to the next generation of appraisers.
Topics include: Real estate license law, agency, contracts, realproperty, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. out of 5 stars Rating: 4.5
It’s important that they are always challenged to learn a new skill, scope of work, property type, or technology. Have good moral character; Be a Certified General RealProperty Appraiser (or meet equivalency). Hold bachelor’s degree or higher (or be a Certified General RealProperty Appraiser).
Green technology and the popularity of green living are advancing rapidly, and many real estate appraisers are interested in gaining specialized knowledge and expertise in eco-friendly housing. Would like to learn more about the technology!” One thing we recently learned is about realproperty vs personal property.
Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. Let’s explore how solar panels and other green features add value to realproperty.
The world of residential real estate can be a fast-paced business, where deals are struck, fortunes made … and danger potentially lurks just below the surface. It’s not exactly new: Hackers have been targeting American consumers as well as real estate professionals for many years in an attempt to steal money.
The Robert Weiler Company, with over 80 years of experience, excels at the core competencies of commercial real estate appraisal. As economics, finance, law, and technology change, The Robert Weiler Company stays on top of the CRE trends.
To become a licensed appraiser , most states require you to start out as an appraisal trainee and obtain a certain number of hours of experience before you can appraise realproperty on your own. “I would suggest for anyone who’s interested to start taking your appraiser trainee classes whether you have found a supervisor or not.
In this job aid, we’ve compiled several recommendations shared by a hearing officer, a property assessor, and appraisers who regularly perform realproperty assessment appeal assignments. This job aid provides in-depth guidance on appraising a big box retail property. Job aid: Big Box Retail Valuations.
Unlike regular appraisal methods, which mainly consider recent sales data and the property’s features, these products use more data points and different analytical techniques. They use technology and smart algorithms to provide a better and more accurate value for a property. This helps us make smart investment choices.
The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a realproperty’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence.
Like Zillow, Redfin has knowingly installed on Redfin.com surreptitious tracking pixels and other technologies from third-party developers that capture and transmit users’ video viewing data without consent, the complaint claims. The First Leg: What Can A Residential Appraiser Offer a Prospective Supervisor?
Valuing Appraiser Professionalism: A Blueprint for Survival By Jo Traut, McKissock Learning Excerpts: Having spent nearly three decades in the field of real estate appraisal, I’ve witnessed firsthand the evolution of our profession, particularly with respect to technological advancements.
This GPT exemplifies how tailored models can specifically target appraisal tasks, significantly improving both the efficiency and precision of the valuation process In summary, custom GPTs are a formidable resource for real estate appraisers aiming to utilize AI to boost efficiency, precision, and tailored insights.
From accusations of bias or discrimination to failure to disclose significant realproperty appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. Failure to analyze the sales history of the subject property. By McKissock November 15, 2022. To read more, click here.
Real Estate Law: Covers Real Estate Law and Legal areas Impacting real estate professionals Examine the law of agency as applied to real estate brokers and sales personnel, law of fixtures, estates, mortgages and liens, OH license laws of Ohio, zoning & more.
Alternative appraisal valuation products offer innovative ways to assess real estate assets using advanced technology and data analysis. These products provide a more efficient property valuation method by incorporating machine learning algorithms and AI. This helps them figure out property values more accurately.
Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a realproperty, an appraiser must: (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b)
State-of-the-art movie theatre, outdoor kitchen, & Crestron smart home technology. This fee will be in addition to the existing technology fees already charged on a per-appraisal basis. To see the listing with a virtual tour and 37 photos, Click Here Now What? Effective January 1, 2025, the company plans to institute a new $19.99
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