News

What You Can Learn from “The Other” Appraisers

Over the past couple of days, I have had two appraisers complain to me about “the other” appraiser. The appraiser who is sloppy, lazy, incompetent, and even crooked. One asked me if I could do reviews to find standards violations, and the other just wanted to vent. Both were ready to turn other appraisers over to the state regulators for …

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Appraising outside the box– Fix-And-Flips

The residential real estate appraisal process is usually about the same regardless of the client.  Of course, there are the expected differences from lender to lender and those differences are usually spelled out in the engagement letter.  Nevertheless, the process generally doesn’t vary a great deal. The popularity of some of the newer lending products are beginning to challenge that …

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How much would the White House appraise for?

Have you ever wondered how an appraiser would value some of the most iconic homes in America? What factors would you have to consider when coming up with a value? We sat down with Barden Prisant FRICS, president at International Art Advisors, to talk about his Iconomics Series during the RICS Summit Series Americas. Barden has valued the Chicago Curbs, …

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Facing Fraud

This article was first published in the latest edition of the Appraisal Buzz Magazine. Subscribe now to never miss an edition. As appraisers it is common to hear stories about mortgage fraud. But you never expect to be involved (at least not intentionally). It is usually a friend of a friend or stories you hear in a continuing education class but not you. …

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Same Road, New Name?

It is easy for most of us to look at mortgage loan origination as the only time the real estate valuation is used.  Certainly it is most important since the lending decision is made based partly on the collateral valuation presented in the loan package.  But, after the loan transaction is closed the valuation lives on throughout the life of …

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Fighting Pressure

Two of the valuation industry’s top subject matter experts discuss the ongoing issues with Appraisal Independence. Frank Gregoire, appraiser and owner of Gregoire & Gregoire, Inc. and Joshua Walitt, Compliance Manager for Property Interlink have both been appraising for well over 25 years. They have been heavily involved in organizations for the betterment of the appraisal industry. On April 30, …

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Channel Your Inner CEO

This article was first published in the latest edition of the Appraisal Buzz Magazine. Subscribe now to never miss an edition. I recently had an online meeting with one of my appraiser clients who needed assistance building his appraisal business. He was living paycheck to paycheck and wanted to move to a higher level of success. During our conversation, he said something, though …

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Double Trouble

We have asked Gary Ashton, CEO/Owner of Ashton Real Estate Group in Nashville, Tennessee, to talk about a common problem that most appraisers face from time to time, the problem of two values on a property.  But, instead of talking about it from the appraiser’s perspective, we are going to look at the impacts from the real estate agent and …

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