News

What To Expect Your First Time At Valuation Expo

I’ve not always been a Valuation Expo “insider”.  Throughout my career, attending the Valuation Expo has always been a must.  I have made long-lasting, high-level connections with many different people from regulators and appraisers to software developers.  These relationships go far beyond the Val Expo floor and we have relied on each other on many occasions throughout the years.  But, …

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What’s That Buzz in Your Mailbox?

The latest edition of the APPRAISAL BUZZ magazine is now showing up in mailboxes all across the country. The theme of this edition is Opportunity Awaits. We have articles to help appraisers, AMCs, and lenders grow in every aspect of their business. These valuable and helpful discussions range from preparing for the unexpected, to rural appraising, and even a conversation …

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Hotter than a Red Hot Poker

What topic is so explosive to anyone in valuation that it sets everyone’s hair on fire at the mere mention of it? Right now the answer has to be hybrid products. So, what did we decide to do? Tackled it head on, of course, with a live panel at Valuation Expo. We’ve invited John Bredemeyer, SRA with Realcorp and member …

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The Machines Are Taking Over

“People are so outmoded. It wouldn’t surprise me if they stopped making them.” I was recently on a cruise and during one rainy afternoon found myself in my cabin watching an old Katherine Hepburn and Spencer Tracy movie, Desk Set. The romantic comedy was filmed in 1957, one year after I was born. Ironically, the screenplay was written by Henry Ephron, …

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A Spreadsheet Solution for Land Value Extraction

When the cost approach is needed, either by client requirement or applicability, it’s necessary to derive an estimate of the land value.  Of course, the best way to determine an estimate of land value is through the use of the sales comparison approach.  If there have been recent, similar lot sales in the subject’s market area, the process is relatively …

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Focus on FHA Minimum Property Requirements

In today’s Buzz we sit down with Adrian Allen, Product Manager for McKissock to discuss the exclusive pre-conference class offered by McKissock at Valuation Expo in Chicago on March 18th. The class, FOCUS ON FHA MINIMUM PROPERTY REQUIREMENTS is being taught by the highly rated instructor Dale Shea on March, 18, 2019. We sat down with Adrian to find out …

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Algorithms and American Homeownership – Is This A Dangerous Cocktail?

Big data… artificial intelligence… algorithms;  you cannot attend a conference, turn on the TV, surf the internet or read an article these days without hearing about how the world will be changed by these powerful tools. It is irrefutable, undeniable, and easily apparent. Increasing computational power combined with ever growing data promises the ability to see and interact with the …

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Meet the REAL Transformers!

Over the past ten years, regulations and industry fragmentation have upended the appraisal process. The appraisal is often considered an art that demands meticulous care and patience, yet despite this, appraisers today feel increasingly pressured by lenders and AMCs to complete appraisals in shorter time frames while simultaneously maintaining a high quality of work. These heightened expectations are coming at …

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