Tired of competing with hybrid valuation products and dealing with low fees and unrealistic turn times? One solution may be to specialize in luxury real estate appraisal. We asked Jo Traut, appraisal curriculum and content specialist at McKissock Learning, to tell us all about the benefits of appraising luxury homes. Click the video below to get Traut’s insights into this …
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Ever since the residential appraisal threshold increase passed in November 2019, luxury homes are becoming a safe haven for appraisers. Not only are these homes typically above the new threshold ($400,000), but they are more complex to appraise, making automation difficult, if not nearly impossible. As a result of this increased need for expertise that only humans can provide, McKissock …
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If you’re thinking about specializing in luxury appraisals, you may be wondering: What are the benefits of becoming a luxury real estate appraiser? Is now a good time to specialize? If this niche has been on your mind, you might want to consider pursuing that goal sooner rather than later. Why? Allow us to explain. Here are four reasons to …
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