McKissock

Recent Posts

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

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.

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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.

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Topics: appraiser trends

Appraisal News: Choosing Comparables, Dealing With Challenge and Change, and More

Posted by: McKissock Date: Mar 24, 2017 7:00:00 AM

This week's news covers choosing comparables dangerously, the challenges and changes of being an appraiser, and the home office tax deduction you may or may not be qualified to take. There’s more talk about AMCs and the seemingly high price of an appraisal from the consumer’s point of view. Everyone’s talking about March Madness, so in the spirit of those players who aspire to go from NCAA to NBA, we’ve featured some dream houses owned by today’s pros.

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Topics: appraisal news

Appraisal News: Challenges, Fees, Values, Unusual Homes, More

Posted by: McKissock Date: Mar 17, 2017 8:06:34 PM

As the weekend draws near, we've pulled together some appraisal-focused stories. A recent survey by NAR gathers insights on the issues appraisers are talking about, which ties in nicely to a blog about having your appraiser voice heard among the din of a country that is speaking loudly. Some insight into appraiser fees and varied valuations round out the appraisal news. To wrap things up, we've included a slideshow of some of the most unusual homes in the country. And in honor of St. Paddy’s Day, Sláinte!

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Topics: appraisal news

Appraisal News Round-Up: Appraisal Reform, Change, Shortage, Time Out, and More

Posted by: McKissock Date: Mar 10, 2017 6:07:50 PM

This week’s appraisal news includes appraisal reform for the future and a look back at whether the past accurately predicted the present.  We’ll look into whether there’s an actual appraisal shortage—or if appraisers are just weary of micromanagement. The Appraiser Coach offers up some advice on adding a timeout to your to-do list. And just for fun: a story about the lighter side of the profession.

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Topics: appraisal news, appraisal reform

Appraisal News: Changes, Communication, Cybercrime, and More

Posted by: McKissock Date: Mar 3, 2017 4:34:01 PM

We gathered some of the latest in appraisal news and put it in one place for your reading pleasure. Here’s what’s on tap. An interview with a long-time appraiser offers insights into the profession's future—as well its past. USPAP makes it clear that communicating with appraisers is not only okay but also a must for credible assignments. Be vigilant about email scams, particularly one that is specifically targeting appraisers. And just for fun: a look into Super Bowl champ Tom Brady’s multimillion dollar homes.

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Topics: appraisal news

HUD OIG Issues Appraisal Fraud Alert

Posted by: McKissock Date: Feb 24, 2017 1:29:03 PM

The Office of Inspector General (OIG) of the Department of Housing and Urban Development (HUD) recently issued a Fraud Alert Bulletin regarding appraiser identity theft.


According to the Fraud Alert Bulletin, there have been a number of appraiser identity theft cases recently uncovered by HUD OIG. 

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Topics: HUD, appraisal identity theft

7 Ways to Handle Appraisal Pressure and Still Maintain Your Ethical Reputation

Posted by: McKissock Date: Feb 23, 2017 9:00:00 AM

It goes without saying that there are no simple and easy ways to deal with appraisal pressure, especially when it comes to standing behind your ethics. A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients.

In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment.

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Topics: appraisal pressure, ethics

4 Ways Appraisers Can Make Time for the Work That Matters

Posted by: McKissock Date: Dec 8, 2016 11:14:00 AM

No matter what industry you’re in, when things get busy it’s easy to feel overwhelmed. It can seem impossible to get all of your work done with only 24 hours in the day. But there are some tried-and-true methods for eliminating the minutiae to drill down on the real estate appraisal work that matters.

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Topics: real estate appraisal work