4 Eye-Opening Stats From the Appraisal Profession This Year

Posted by: McKissock Date: Jun 9, 2017 8:49:38 PM

If you’re a real estate appraiser, you know only too well that the industry has changed over the years. To that end, we rounded up four eye-opening stats about the appraisal profession from the past several months.

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Topics: stats from the appraisal profession

Is the Repeal of Dodd-Frank Closer Than We Think? [Audio]

Posted by: McKissock Date: May 30, 2017 10:37:35 AM

When a House panel approved the Financial Choice Act, it helped President Trump advance repealing Dodd-Frank. Listen to NPR's Steve Inskeep as he discusses the repeals with David Wessel, director of the Brookings Institution's Hutchins Center.

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Topics: Dodd-Frank

Real Estate Appraiser Blogs, Lake Property, Lofty List Prices, and More

Posted by: McKissock Date: May 26, 2017 5:57:14 PM

Add this week’s appraisal news round-up to your reading list for the long weekend. From real estate appraiser blogs and lofty list prices, to lake properties and tick warnings, catch up on the latest while you enjoy the unofficial first days of the summer.

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Topics: real estate appraisal blogs

10 Reasons to Upgrade Your Appraisal License

Posted by: McKissock Date: May 25, 2017 7:39:49 PM

If you’re growing tired of appraising simple properties or are looking for complex assignments with more income potential, upgrading your appraisal license is a good move. Here are 10 common reasons appraisers choose to upgrade.

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Topics: upgrade your appraisal license

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.

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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.

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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.

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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!

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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.

 

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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.

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Topics: reputation in appraisal