Joshua Walitt

Joshua Walitt
Joshua Walitt is a certified residential real estate appraiser, reviewer, speaker, and educator. As the Compliance Manager for Property Interlink, he oversees valuation review, procedures, training, licensing, and audit. Joshua speaks at national events and client conferences, writes for industry publications, and participates in industry and agency meetings. He also designs and presents CE courses and webinars for online and classroom delivery. His work with individuals and groups focuses on the use of technological tools, proper methods, sound logic and reasoning. Walitt designed the Market Machine, a market analysis and valuation modeling tool used by appraisers throughout the U.S.. He has also provided valuation consulting for international applications. He holds the SRA designation through the Appraisal Institute, is a Board member (MNAA) of the National Association of Appraisers, and is a Certified Distance Education Instructor (CDEI). Additionally, he chairs the Agency Relations Committee on the Collateral Risk Network.

Valuation Independence

Appraisal Buzz sat down with Josh Walitt, Compliance Manager of Property Interlink, to discuss Appraiser Independence.  As the problem may continue to grow – the industry faces more and more obstacles to determine the regulations, proper policies and how to effectively report the problem. So, how can this all be avoided? Open communication, education and enforcement.  Buzz: What are the …

Read More »

Appraiser Participation: If you want a voice.

In March of this year, I spoke at the Valuation Expo in Orlando. The general topic of my presentation centered on professionalism within the appraisal industry and how individuals can take steps to stand out and rise above the difficulties we see. As a fee appraiser for many years and having moved into a compliance manager and review position, I …

Read More »

Appraiser Participation: Voicing Change…

By Josh In March of this year, I spoke at the Valuation Expo in Orlando. The general topic of my presentation centered on professionalism within the appraisal industry and how individuals can take steps to stand out and rise above the difficulties we see. As a fee appraiser for many years and having recently moved into a […] The post …

Read More »

Can You Spare Some Change?

By Josh In March of this year, I spoke at the Valuation Expo in Orlando. The general topic of my presentation centered on professionalism within the appraisal industry and how individuals can take steps to stand out and rise above the difficulties we see. As a fee appraiser for many years and having recently moved into a […] The post …

Read More »

Process, Application, and Communication of Regression Modeling in Valuing Real Estate

Regression Models

This article was originally published here. For additional articles by Josh Walitt visit his website. Regression software has become more and more a part of developing real estate property value opinions. As a result, it is paramount to understand the differences in tools available, and the elements of the regression process that are necessary for the valuer to understand and to disclose …

Read More »

Common Appraisal Errors – Part 1

By Josh Having a report that complies with USPAP, state, and client conditions is not simply a client expectation, but an essential component to every appraiser’s practice: appraisers, after all, are the individuals to which the standards directly apply. Consequently, appraisers are directly in the cross-hairs for state sanctions if deficiencies are discovered. … This article was […] The post …

Read More »

Process, application, and communication of regression modeling in valuing real estate

By Josh Regression software has become more and more a part of developing real estate property value opinions. As a result, it is paramount to understand the differences in tools available, and the elements of the regression process that are necessary for the valuer to understand and to disclose in a report. While guidance is available related […] The post …

Read More »

TRID v Customary and Reasonable Fees

By Josh This past week, I had the opportunity to discuss TRID with appraisers, lenders, and AMCs when I attended and spoke at the Appraisal Summit and Expo. Clearly, there are misunderstandings of this lender disclosure rule. A few basics about the TRID rule (TILA RESPA Integrated Disclosure): The lender must disclose the appraisal fee to the […] The post …

Read More »