Access appraisal tips, trends and other information to grow your career.
Change is a part of life, and that is certainly evident in the appraisal industry. Statistics tell us that the average appraiser is between the ages of 55 and 60 years old, and no doubt, they’ve seen technology reshape the industry since their early…
Does your subject property really front on the water? You might remember a case that made national news some time back involving a six-foot-high pink stockade fence erected between several houses and a small lake (actually just a large retention pond). Purchasers of the…
The COVID-19 pandemic has accelerated the shift to desktop appraisals. As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Thanks to advances in remote appraisal technology,…
Besides location, one of the most important factors in a residential property’s value is the health of its local real estate market. Appraisers should pay close attention to various current events that may indicate a softening or imbalanced market, or conversely, a robust, healthy…
Optimizing your real estate appraisal website to improve your Google search ranking is a great way to bring in more clients and increase your earnings. When it comes to generating new business, having a strong online presence and being easy to find online are…
The use of Microsoft Excel is widespread in the appraisal industry. In a recent survey, Excel was among the top four software tools on which appraisers said they’d like additional training. Are you looking for new and better ways to leverage Excel tools in…
Ever since Fannie Mae and Freddie Mac (the GSEs) created the Uniform Appraisal Dataset (UAD) several years ago, real estate appraisers must rate building quality on a standardized scale from Q1 (best) to Q6 (worst). If you are performing appraisals for the intended use…
I learned a number of things from the experience of wrestling a 450-pound bear, some of which have not only aided me in life in general, but more specifically in my appraisal practice. During the summer between high school and college, my best friend…
A “green” or “high performance” home refers to a residence that has less of a net impact on the environment than its traditional alternative. If you’re interested in becoming a green home appraiser, you may be wondering, “What makes these types of assignments unique?”…
Top earners in the appraisal profession are those who consistently bring in new clients. Are you looking to earn more referrals and repeat business? Start by fostering good relationships with your appraisal customers. Taking the time and effort to build strong appraiser-client relationships is…
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