The Real Reasons Behind an Impending Shortage of Appraisers

Posted by: Joseph Dobrian Date: May 16, 2017 8:00:00 AM

The possibility of an impending shortage of appraisers is a hot topic in the real estate community as appraisers continue to see their fees pinched and training requirements increase. It’s generally agreed that most markets have enough appraisers to meet their needs today. But appraisers are getting older, and not enough new ones are coming into the business to replace those who retire.

read more

Topics: shortage of appraisers

Automated Appraisals Reaches Fannie Mae and Freddie Mac, HVCC, Fixer-Uppers, and More

Posted by: McKissock Date: May 12, 2017 9:00:00 AM

For your reading pleasure this week, we've gathered appraisal news from around the web. Now that Fannie Mae and Freddie Mac are on board, are AVMs finally set to replace traditional appraisals? The May 1 anniversary of HVCC has passed; how are appraisers in the field feeling about appraisal pressure. Have you been caught up in the fixer-upper trend? We've got guidelines to consider from a valuation standpoint. If you're like most appraisers, you spend far too much time sitting; don't let that negatively impact your health. Finally, productivity hacks for any small business owner.

read more

Topics: automated appraisals

Why Sales Contracts Come in Higher Than Appraisals, What You Should Know About Becoming an Appraiser, and More

Posted by: McKissock Date: May 5, 2017 10:00:00 AM

There is a lot of buzz about an appraiser shortage, and this week’s news includes an article about what those considering the career should know. Why do sales contracts come in higher than appraisals? Find out the seven top reasons. Also included are the Appraiser Independence Requirements Survey results, new Voice of Appraisal podcasts, and some stunning homes constructed right under your nose—literally.

read more

Topics: becoming an appraiser

Homeowner Value Estimates, an Aggressive Market, Appraisal Organization Merger, and More

Posted by: McKissock Date: Apr 28, 2017 11:00:00 AM

This week's gathering of appraisal news includes the widening gap between homeowner value estimates and what appraisers assign, the real scoop on all the talk about a competitive market, the merger between ASA and NAIFA, and the latest maneuver by AMCs to set up appraisers as "preferred providers." Finally, how many mistakes were in your last appraisal report? It might surprise you to learn how common—and how many—errors get through. Happy reading!

read more

Topics: homeowner value estimates

Fourth Approach to Valuation, Talking Comps With Agents, Hiring AMC Clients, and More

Posted by: McKissock Date: Apr 21, 2017 10:57:58 AM

This week’s appraisal news has plenty to offer, including the nonscientific fourth approach to valuation and what appraisers should do before working with an AMC. We've also included the importance of discussing comps with the listing agent and what not to do with your E & O binder page. Just for fun, we've added a story about some crazy situations in which appraisers have found themselves.

 

read more

Topics: approach to valuation

18 Ways to Build Your Reputation in Appraisal

Posted by: Joseph Dobrian Date: Apr 18, 2017 11:24:44 AM

If you’re starting your career as a real estate appraiser, what are you doing to build your reputation in appraisal? How can you make yourself known as someone others wish to do business with? Assuming you’re already a licensed appraiser, you’re ready to build your profile in your community and within the real estate and financial industries.

read more

Topics: reputation in appraisal

Appraiser Shortage, Market Predictions, On-Time Payment, and More

Posted by: McKissock Date: Apr 14, 2017 10:00:00 AM

Welcome to this week's appraisal news. There's a lot of talk about an appraisal shortage but not a lot of agreement; one article examines the statistics behind the arguments. Take a look at one appraiser's thoughts on not being a doormat when it comes to getting paid. There's also the latest on predicting the market and pricing homes properly. Then just for fun: 23 homes built—literally—in some of the most unusual spots in the world.

read more

Topics: appraiser shortage

Predominant Values, Appraiser Trends, Marketing Your Appraisal Business, and More

Posted by: McKissock Date: Apr 7, 2017 9:00:00 AM

From the ever-elusive predominant value to the latest appraiser trends, our gathering of all-things-appraisal news is here for your reading pleasure. You can also listen to some of the most recent podcasts from the Voice of Appraisal, join the lively conversation about education versus experience in the profession, and look for takeaways in a timeless article on marketing your appraisal services.

read more

Topics: appraiser trends

The Challenges With Appraising Multiple-Unit Properties

Posted by: Joseph Dobrian Date: Apr 4, 2017 8:00:00 AM

Appraising a multi-unit property is usually more complicated than appraising a single-family home. Two-, three-, or four-unit buildings are sometimes subject to confusion when it comes to arranging a loan for purchase or refinancing.

read more

Topics: multiple unit properties

Non-Lender Appraisal Assignments Open Up a Whole New World for Appraisers

Posted by: Dan Bradley Date: Mar 28, 2017 8:00:00 AM

Here are four specialty areas that can supplement (or replace) your mortgage lending appraisal business:

read more

Topics: non-lender appraisal assignments