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Disclosure Example: Hypothetical Condition

In an appraisal assignment, a hypothetical condition is used when a property is appraised under a condition that is contrary to what is known by the appraiser to exist on the effective date of the assignment results. If a hypothetical condition is not properly disclosed in an appraisal report, it could be significantly misleading for the client and intended users. …

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Appraiser Salary and Income Vary Based on License Level

If you are considering a career in real estate appraisal, you’re probably curious about appraiser salary and income potential. According to the Bureau of Labor Statistics, the median annual wage for all appraisal license levels was $54,010 in May 2017—$16,320 more than the median annual wage for all occupations in the U.S. economy. Your actual earnings will depend on your …

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Valucentric Team Concept Revolutionizing the Appraisal Profession

  Valucentric can show you how our TEAM concept is revolutionizing the Appraisal profession! You may have read recently about the new “trend”, the TEAM concept. Well, sorry to break the news, but the founding partners of Valucentric have been mastering the TEAM Appraising concept for nearly 20 years. Valucentric, an employee-based Appraisal company, has grown to over 200 employees …

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Real Quantum

Realquantum, creator of commercial real estate appraisal software, has announced that it has partnered with the Appraisal Institute to make realquantum’s platform more readily accessible to their membership. realquantum is a web and mobile application for narrative appraisal reports plus a comparables database.  There is no software to install and no dependency on a word processor or spreadsheet.  Appraisers gain up to a …

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