In an appraisal assignment, a hypothetical condition is used when a property is appraised under a condition that is contrary to what is known by the appraiser to exist on the effective date of the assignment results. If a hypothetical condition is not properly…
As an appraiser, you’re not always dealing with straightforward, cookie-cutter houses. Many properties have certain features that make your job a little (or a lot) harder than usual. We recently asked our appraisal community, “What specific home feature is the MOST challenging to appraise,…
The presence of an additional living unit may complicate the appraisal process by making it difficult to know how to classify the subject property. How do you know whether you’re dealing with an accessory dwelling unit (ADU) or a second unit? Use the following…
The FAA recently relaxed aviation laws for low-flying drones, which presents a tremendous opportunity for real estate appraisers. Drones can give you an edge over the competition and make your job easier. They can assist with a wide variety of tasks, including roof inspections,…
Specializing in a particular property type is a great way to gain success as an appraiser. It also gives you the opportunity to do more work in an area that interests you. We recently asked our appraisal community, “What kind of property would you…
Cloud storage has been a godsend for professional real estate appraisers. The ability to store, categorize, access, and share digital information—like building plans, tax records, and other related data—speeds up the appraisal. It also makes the transaction smoother for clients, lenders, and RE professionals.…
Mobile phones and tablets have revolutionized the way appraisers conduct their duties. From taking photos to sketching plans to connecting with your team—there are numerous ways to use digital apps to improve your process. Here are seven must-have apps for appraisers that will help…
These days, many property appraisers are ditching their clipboard for an iPad or tablet. Others may be apprehensive about embracing this form of technology. Others simply aren’t sure how to use these tools on the job. Here are eight ways you can use an…
We’re excited to announce the release of the 2019 Appraisal Income Guide designed to uncover how real estate appraisers go about their business and what it means to their bottom line. Inside the guide, you’ll find how appraisal income breaks down by license level, insights on career…
What are some ways appraisers can generate new business and new leads, outside of AMCs? How do the top appraisers market themselves? We recently interviewed three industry leaders, who shared their marketing tips and techniques. They agree that having an online presence is essential.…
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