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Hilarious Encounters from Real-Life Property Appraisers

If you’ve been in the appraisal business for a while, chances are, you’ve come across some unexpected or funny things during property visits. We recently asked our real estate appraisal community on Facebook, “What’s the FUNNIEST thing you’ve encountered during an on-site appraisal inspection?” The answers we got from real-life property appraisers range from surprising to funny to startling—to downright …

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Encouraging Advice for New Appraisers

New appraisers just starting out in the profession, and those who are thinking of getting into the business, should not be scared off by tales of woe from older real estate appraisers. A panel of industry professionals recently told McKissock that they heard the cries of “This profession is doomed; stay away!” and ignored them. Today, they’re glad they did. …

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Stress Management Tips and Other Resources for Overworked Appraisers

Real estate appraisers are no strangers to work stress. Many own their own businesses and work for themselves from home—which has its upsides and downsides. Appraisers sometimes complain of working long hours, struggling with time management, or feeling overwhelmed by too many tasks. If you are experiencing these difficulties, it may be time to hire an appraisal assistant or trainee. …

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6 Appraisal Software Tools to Streamline Your Process

Appraisal software offers myriad opportunities to improve your efficiency and increase your productivity. Real estate appraisers know all too well that time is money. So how can you streamline your appraisal process to complete more appraisals per month? There are several software companies out there offering innovative solutions. Here are several appraisal software tools worth checking out. Redstone analytics software …

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Q&A: Fannie Mae and the Cost Approach

We often receive questions from appraisers regarding Fannie Mae and the cost approach. For example: “I’m appraising a property and have been instructed to comply with Fannie Mae guidelines. I understand that Fannie Mae requires the sales comparison approach, but what if there aren’t enough good comps? Can I use the cost approach as the primary method of valuation? Join …

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6 Property Appraisal Skills to Improve by 2020

We’re just over halfway through 2019. Have you met your professional development goals for this year? Which property appraisal skills are at the top of your list to sharpen by 2020? We recently asked our appraisal community, “What appraisal skill would you MOST like to improve in the next 6 months?” Here’s how they responded. What appraisal skill would you …

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How to Become a Certified General Appraiser

As of December 31, 2017, only 36% of the 97,000 state-credentialed appraisers in the United States are certified general appraisers, also known as commercial appraisers. As a certified general appraiser, you will enjoy more stable fees, a higher income, and more choices in the assignments you decide to take on. Are you growing tired of appraising simple properties? Are you …

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Disclosure Example: Jurisdictional Exception Rule

The JURISDICTIONAL EXCEPTION RULE is intended as a “saving clause” which preserves the balance of USPAP if a specific law or regulation precludes compliance with a part or parts of USPAP. In an appraisal assignment, if a law precludes you from complying with one part of USPAP, you would employ a jurisdictional exception. However, you cannot simply disregard the rest …

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