Access appraisal tips, trends and other information to grow your career.
All real estate appraisers must pass the National Uniform Licensing and Certification Examination as the final step toward earning their appraisal license. The test is not easy to pass. On average, more than 1 in 3 people fail the exam on the first try,…
As a real estate appraiser, whether you’re considering the current terms of sale or analyzing previous sales of the subject property or comparable sales, it is imperative to know whether a sale is an arms-length transaction or a different type of sale. Sales due…
In completing bifurcated and hybrid appraisals, you must reasonably believe that information relied upon—from a third-party inspector or another data source—is reliable. You, the appraiser, should have a process for evaluating data reliability by asking the following questions: Who collected the data? Is the…
McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to…
The Appraisal Foundation has created a survey for appraisers that is intended to gather demographic data about the appraisal profession. The survey can be accessed by clicking HERE. Much of the information that exists about the demographics of the appraisal profession is anecdotal. This…
We love to hate them. But with a majority of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. One way to boost your business is by working smarter with your…
March was the hottest month for housing since at least 2012. With home-sale prices hitting a record high, the appraisal gap has created friction among agents, lenders, and appraisers. Appraisal waivers have exploded during the COVID-19 pandemic. The President of The Appraisal Foundation discusses…
Amid the COVID-19 pandemic, luxury homebuyers’ priorities have shifted from seeking out new experiences and adventures toward finding homes in markets that offer safety, more space, and well-being. Whether you’re looking to specialize in luxury appraisals or you’re simply reading up on the latest…
The COVID-19 pandemic has significantly influenced the real estate market over the past year. Last month (March 2021) we asked appraisers across the U.S., “What type of appraisal has seen the MOST growth in demand in your local area due to COVID-19?” About two-thirds…
Looking for ways to increase your efficiency and save time in your work day? Whether your goal is to work fewer hours and improve your work-life balance or increase productivity and scale your business, there are many technology tools available to help you complete…
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