Access appraisal tips, trends and other information to grow your career.
The Fannie Mae Selling Guide is a comprehensive guide for lenders who sell loans to Fannie Mae. Although the Guide is targeted toward lenders, it also contains information that applies to appraisers. After all, the appraisal is an important part of the loan documentation.…
Some appraisers fear the growing sophistication of appraisal-related technology. They worry that as the business becomes more and more automated, human appraisers will become less relevant. The appraising community is shrinking already, due to several factors, and it’s aging. The doomsday scenario is one…
What are the essential tools and equipment to bring along when completing an on-site appraisal inspection? Recently we asked our Facebook community, “What one thing do appraisers need to have in their cars at all times?” It turns out people have varying opinions on…
Only 29% of state-credentialed appraisers in the United States are certified general appraisers, also known as commercial appraisers. As a certified general appraiser, you will enjoy more stable fees, higher income, and more choices in the assignments you decide to take on. Are you…
Many appraisers are reluctant to hire trainees, often because they fear competition or they lack the resources. However, if you are overworked as an appraiser, the quality of your work will suffer. Hiring an active support staff can relieve some of that stress and,…
At an industry conference on July 29, 2018, a Fannie Mae spokesperson announced that Fannie would be making revisions to its Selling Guide, effective in August 2018. Perhaps the most significant planned revision will be the elimination of the requirement for appraisers to include…
We love to hate them. But with about 80% of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. As mortgage appraisal volumes are declining, one way to boost your business is…
Wondering what resources are popular among your fellow appraisers? McKissock’s Unlimited Learning Members enjoy unlimited access to a variety of online appraisal classes, content, and tools. Now that we’re just past the mid-year point of 2018, let’s take a look at the most-used resources…
Many appraisers are self-employed. When you’re focused on running your own business, it’s hard to find time for things like Facebook and email marketing. Yet marketing and networking are super important for bringing in new clients and growing your business. If you need help…
Whether you’re retiring and moving into a home that’s better suited to the 55-plus lifestyle, or you’re appraising a residence of that sort, it’s a good idea to get acquainted with the product. The senior housing segment of the real estate market is evolving…
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