News

ASA and NAIFA Move Forward with Merger Consideration

Independent Fee Appraiser

The American Society of Appraisers (ASA), and the National Association of Independent Fee Appraisers (NAIFA), have announced that they will move forward with a Memorandum of Understanding leading to a merger. The merger will create one of the largest networks of U.S. professional real estate appraisers. The Buzz staff reached out to Jim Hirt, Chief Executive Officer of ASA, to …

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Is There a Fourth Approach to Real Estate Value?

Real Estate Value

(Editor’s Note: This article originally appeared on The Appraiser Coach’s Blog. For additional articles by Dustin Harris, visit his website.) I want to talk to you about the fourth approach to value, and specifically an occasion on which it truly saved my bacon. Now, I know a lot of you real estate appraisers out there probably started chuckling as soon as you …

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Release of the 2017 AMC Directory

2017 AMC Directory

Finding the right Appraisal Management Company (AMC) to work with can be a daunting task. Allterra Group, publisher of the Appraisal Buzz, has recently released their new 2017 AMC Directory. Before you begin working with a new AMC, be sure to ask some important questions such as how long they have been in business, and find out more about their …

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When You Get Notice of a State Complaint…

State Complaint

(Editor’s Note: This article originally appeared in the Spring 2017 issue of Appraisal Buzz Magazine) If you are an appraiser, it is likely that at some point in your career you will receive notice that a complaint was filed against you. In one particular busy year in Texas, roughly one in six residential appraisers were filed against with the Texas Appraiser Licensing …

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Appraiser Independence Key to Veterans’ Home Loans

Appraiser Independence

The Appraisal Institute strongly advocates helping our nation’s veterans achieve the American dream of homeownership, and on April 4 urged Congress to protect the independence of real estate appraisers in the federal program that provides housing loans to military veterans. The Appraisal Institute specifically addressed a central ordering feature of the U.S. Department of Veterans Affairs’ Appraiser Fee Panel during …

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Shortage? What does this mean to appraisers?

Appraiser Shortages

Over the past year I’ve read a lot about appraiser shortages. Some articles argue there is currently a shortage while others say one is looming. A smaller number suggest there is no shortage of appraisers, only a shortage of appraisers willing to work for low fees. Many of the articles used anecdotes rather than statistics. They tell stories about a …

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In Search of the Ever Elusive Predominant Value

Predominant Value

I’ve been around a long time and during my lifetime I’ve chased many elusive things like The Sandman, The Tooth Fairy, Leprechauns, The Pot-of-Gold at the End of a Rainbow, Unicorns and the The Bright Elusive Butterfly of Love (Bob Lind, 1966), but the most elusive of all things taunts me every day. I get little messages, “warnings” even, that …

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