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Is Now a Good Time to Get Into Commercial Appraisal Review?

In a word, yes. Based on recent market data regarding the recovery of commercial real estate following the COVID-19 pandemic, appraisers would do well to add commercial appraisal review assignments to their valuation service offerings. Keep reading to learn why now is a great time to gain or enhance your commercial review skills with our new CE course, Introduction to …

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5 Excel Resources and How-To Guides for Appraisers

The use of Microsoft Excel is widespread in the appraisal industry. The well-known software program offers tools and capabilities that can make your appraisal process smoother. Are you leveraging the power of Excel in your appraisal business? To help you out, we’ve put together a list of Excel resources and how-to guides geared specifically toward appraisers. Upcoming Webinar: Join us …

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6 Key Competencies for Appraisal Review Work

As a real estate appraiser, how do you know if you can credibly perform appraisal reviews? USPAP provides the review appraiser with plenty of flexibility, all grounded in ethics and competence. Competence comes with knowledge and experience, but it also requires you to possess certain skills, technology, and abilities. Here are some of the key competencies needed for appraisal review …

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7 Benefits of Providing Appraisal Review Services

A good appraisal review requires rigorous effort, including obtaining the necessary knowledge, skills, and experience required to review. As a reviewer, sometimes you must untangle conflicting data or rework poor methodology. Review assignments can be extremely complex and exceedingly time consuming. So why would you want to offer appraisal review services as part of your business model? Here are some …

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Top 3 Most Enjoyable Steps in the Appraisal Process

We already know that career satisfaction is high among real estate appraisers. Most appraisers love (or at least like) their job. But we were curious to learn which individual steps in the process appraisers enjoy the most. So we asked our real estate appraisal community, “What’s your favorite part of the appraisal process?” The top three most popular answers were …

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Understanding The Structure of The Appraisal Foundation (TAF)

Intertwined in the complex appraisal regulatory system are The Appraisal Foundation (TAF) and its boards. TAF is not a government entity; it is a private, non-profit educational foundation. Here’s a quick breakdown to help you understand the structure of The Appraisal Foundation. Free Webinar: Join us for a FREE Pro-Series webinar on Wednesday, July 15, 2020, from 11:00am-12:00pm EDT: The …

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25 Common Errors in Appraisal Reports

As a real estate appraiser, much of your success relies on your reputation as a competent professional. Unfortunately, certain appraisal violations are quite common—including errors in appraisal reports. Make sure you’re aware of these mistakes so that you can avoid them. Here’s a compilation of the most common errors and deficiencies found in appraisal reports by reviewers, regulators, and appraisal …

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Checklist: What to Include in a Narrative Appraisal Report

Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? Here’s an outline of the items that should appear in your report. Although you may not find it necessary to include every single item, you can use this as a checklist of topics to at least consider …

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