Access appraisal tips, trends and other information to grow your career.
An extraordinary assumption is something that the appraiser assumes to be true but has no way of knowing. An extraordinary assumption involves uncertainty, as it may or may not be true. If the assumption were found to be false, it could affect the appraiser’s…
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 grow…
A good appraisal review requires rigorous effort, including obtaining the necessary knowledge, skills, and experience required to review. As a reviewer, sometimes you must untangle conflicting data or rework poor methodology. Review assignments can be extremely complex and exceedingly time consuming. So why…
Regression analysis can be an incredibly useful analytical tool, but one should not blindly trust the results. “Trust but verify” is a phrase made famous by President Ronald Reagan in 1987 after signing a nuclear weapons treaty with Russian President Gorbachev. In statistical analysis,…
Looking to diversify your appraisal business? Taking on non-lender assignments like divorce and estate appraisals may be a great way to bring in different types of clients. Perhaps you already understand the details and intricacies of divorce and estate appraisals, and you’re ready to…
On Wednesday, September 28, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “An Hour with Fannie Mae.” In this special interactive webinar, you’ll hear information on the new undervaluation risk flag in Collateral Underwriter (CU), an in-depth discussion of Appraisal Quality…
Appraisers have been dealing with Reconsideration of Value (ROV) requests from clients for decades. However, in the past couple of years, the industry has experienced a significant increase in the number of ROV requests as well as the sources of the requests. This appears…
To become a licensed appraiser, most states require you to start out as an appraisal trainee and obtain a certain number of hours of experience before you can appraise real property on your own. Many states have different titles for trainees, such as apprentice…
There’s no simple and easy way to deal with appraisal pressure. A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients. In…
While a small number of real estate appraisers (e.g., review appraisers) may spend their entire workday in an office sitting at a computer, most split their time between the office and the field. Are you a new or prospective appraiser curious about what your…
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