Grow your appraisal and real estate career with tips, trends and other insights.
The House overwhelmingly passed the appraisal bill known as the Homebuyer Assistance Act of 2019. Alternative valuations could drive up costs for real estate consumers. A coalition calls for the elimination of the DTI requirement from QM lending rules. Some housing markets are more…
According to the 2019 National Association of REALTORS® Profile of Home Staging, 83 percent of buyers’ agents say that staging makes it easier for buyers to “visualize” a property as their future homes, and 25 percent of buyers’ agents say staging increased the dollar value…
If you’re a licensed trainee entering the appraisal business, finding a supervisor can be a challenge. Many real estate appraisers don’t have the time to mentor a beginner. Sometimes they fear that the newcomer, once fully trained, will become a competitor. However, this is…
You have heard this phrase thrown around for years. You may have said it yourself. You may believe as we do that keeping one’s word is important. The problem is that in the day to day practice of real estate our words are simply…
David Bach, author of The Automatic Millionaire, which spent 31 weeks on the New York Times bestseller list, states on his website, “The fact is, you aren’t really in the game of building wealth until you own some real estate.” This advice from a…
Delegation. Have you stayed far away from the word because you just don’t have the time or money to hire help and provide training? Fret not—you can take it one day at a time, and you might already have the help you need in…
Curious about how to get into real estate appraisal? While many appraisers got their start through a family business, there are many different ways to break into the appraisal profession. We recently asked our appraisal community, “How did you get into the appraisal business?”…
You may be fully booked with open houses and showings this upcoming weekend, but take a look at your calendar and choose another weekend that’s pretty open. Got one? Block it off. That weekend is going to be your productivity booster. Any gaps in…
New construction is treated a little differently by lenders, FHA, and the GSEs. As you appraise these properties, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. It requires more work, so you want to be sure that…
When it comes to making money as a real estate agent, obtaining referrals can be one of the most profitable parts of your job. Mastering the art of nurturing previous client relationships is crucial to obtaining referral business and long-term success in the real…
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