A farm appraisal can be much more challenging than a residential appraisal, and usually requires a broader scope of knowledge. Farms and farmland are appraised for the same variety of reasons that a home or a commercial property might be. But an accurate appraisal…
As a result of the last U.S. economic crisis, a lot of people now know a lot more about the secondary mortgage market. Before the crisis, the secondary mortgage market was a mystery to most Americans, and it was only really important to mortgage…
Clients are increasingly requesting different types of appraisals in lieu of the traditional “full” appraisal. There are many different types of these non-traditional or “limited scope” assignments—including evaluations, desktop appraisals, appraiser-assisted AVMs, and other alternative valuation products (AVPs). Here we outline common types of non-traditional…
Did you know you can get your real estate appraisal license online in the state of Montana? As of April 14, 2018, Montana licensees are no longer required to complete at least 50% of courses in a live classroom. You now have the option…
Did you know you can get your real estate appraisal license online in the state of New York? As of February 2018, New York licensees are no longer required to attend live courses in the classroom. You now have the option to fulfill your…
There are an estimated 80,000 licensed appraisers in the U.S., and they come from many different backgrounds. People decide to launch a real estate appraisal career because they’re following in a family member’s footsteps or they’re intent on building a career in a field…
In order to build your business and enhance the reputation of your appraisal firm, it’s going to take more than just advertising your services. The top five best business practices outlined below are excellent ways to help strengthen and grow your appraisal business over…
The struggle between appraisers and real estate professionals can sometimes be a never ending conflict. According to a forum at the 2013 Realtors® Conference and Expo, better communication between real estate agents and appraisers could help to minimize problems. Both parties play key roles in the…
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