Access appraisal tips, trends and other information to grow your career.
Apparently, a misunderstanding has led to shrinkage of the appraisal business—and a clarification might allow it to flourish again. For the past several years, a common complaint has been that the appraisal industry is aging, and that the influx of new appraisers (such as…
The US housing market may be in trouble. One author argues FHA mortgage insurance premium pricing is not likely to drop, despite what others have predicted. Marcus by Goldman Sachs® and HouseCanary roll out a home addition calculator for homeowners considering renovations. Freddie Mac…
There is only so much work that one appraiser can do in one day. If you’re ready to take your business to the next level, hiring an appraisal assistant can save time and enable you to complete more reports every month. An assistant or…
Hard stops are data “errors” that cannot be overridden by the lender. When the UAD and the UMDP were first implemented, lenders were allowed to override errors that would pop up when they did their check of the report. Eventually, Fannie Mae and Freddie…
Whether finished or unfinished, the presence of a basement will almost always have an impact on the overall value of a home. Here are six basic, but critical, rules for appraising basements. As you consider the value of basements, keep these important steps and…
On August 29, Freddie Mac released Bulletin 2018-13 which officially confirmed what almost everyone had already suspected—they are following Fannie Mae’s lead in eliminating the requirement for appraisers to include the 1004MC (Freddie Mac Form 71) as an attachment to appraisal reports. In…
There are many opportunities for new real estate appraisers entering the profession today. The Bureau of Labor Statistics projects that job growth for appraisers between 2016–2026 will be 14%, which is faster than average for all occupations. Top reasons why people choose an appraisal…
If you operate as a self employed appraiser, you may feel that you don’t have access to the same quality or amount of benefits that you might enjoy working for a larger company. The good news is, with the rise of freelance employees and…
Today about 70–80% of all residential appraisals are ordered by appraisal management companies. In the 2015 National Appraiser Survey by the Allterra Group, 55% of appraisers said the majority of their work came from AMCs. With that volume of engagement, working with AMCs is almost…
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.…
24/7 online access
McKissock offers the best courses I've taken. They're easy to understand and concise. I feel like I'm leaving the course moving forward in my career.
4.5/5 average customer rating
I love McKissock courses because I can learn at my own pace. The material was insightful and the format was very convenient.
Gain new skills with more than 250 courses (and counting!)
25+ years perfecting courses
