When real estate agents provide relevant comparable sales to appraisers, it certainly benefits both parties. Agents can ensure that appraisers are reviewing comparables that match their properties and, hopefully, meet the seller’s desired price. Additionally, while appraisers still must verify the information, it can…
This week’s appraisal news starts out with talk of USPAP efficacy for today’s appraisers. The chasm between appraiser and homeowner when it comes to valuation continues to widen. Americans are moving to the suburbs, and the reasons might be somewhat surprising. What’s an appraiser…
This week’s appraisal news includes an article that outlines what exactly makes a comparable a good one, how vintage features in a home can be appraised accurately, the specifics about consumer optimism over their home’s value, and more. What makes for good sales comparables? Comparables…
When a lender places an order for a property, often times both you and the lender might not know the marketplace views the property as stigmatized. Once the specifics of the case are revealed, the assignment will call for a high level of expertise, knowledge,…
There’s plenty of news in this week’s appraisal round-up, including appraising near marijuana grow operations. How can appraisers expect this to influence property values? Feeling a bit overworked? Perhaps you should be outsourcing some of your tasks to freelancers. Comparables are an invaluable part…
This week’s round-up of real estate news includes the latest force in real estate: tiny homes. Find out how developers created a miniature-home hotel in Lyons, Colorado. The legalization of cannabis across the country has raised a new question, that of property values when…
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…
Appraisers are usually able to disclose quite a lot about their methods and the information they’ve used—and it’s best to be prepared to share that information promptly, especially if the appraisal is not what was hoped for. Transparency and communication in appraisals is essential. How…
You’ve been assigned to appraise a property in a remote area, or in a neighborhood where few sales have occurred lately. How do you arrive at an accurate appraisal if you’re not sure of your comparable sales? Can you take an approach to the…
New conversations are starting about the occasionally fractious relationship between appraisers and selling agents. The complaint that some real estate agents are guilty of appraiser blacklisting (refusing to allow certain appraisers to appraise their listings) isn’t a new one. But it seems to have…
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