All successful appraisers know that they must develop an effective way to manage their data. Some appraisers have it all figured out, while others are trying to develop a system which will be usable and scalable as their business grows. Should the system be intended for a group of appraisers, rather than just one, it must be adaptable.
Appraisal software is sometimes misunderstood by appraisers and other real estate insiders. While some appraisal software is as simplistic and unpliable as accused, there is appraisal software that is far more helpful, efficient, pliable, and generous in decision-making allowances than many appraisers may realize.
As 2019 winds to a close, let’s take a look at some of the top appraisal posts of 2019. These posts fit neatly into five categories: Interesting, Better Appraising, New Developments, Productivity, and Appraisal Issues. As a bonus, I’m including two excellent 2019 articles on productivity!
Advisory Opinion 38: Content of an Appraisal Report and Restricted Appraisal Report originally appeared in the Appraisal Standards Board 2019 Summary of Actions Related to USPAP Changes, April 17, 2019.
If you’ve bought or sold a home, you might think that you know all that there is to know about home appraisals. Think again! There is a lot more to home appraising than you might realize! Take a look at these nine common myths about home appraisals and see if they surprise you!
Real estate professionals have weathered a lot of changes over the years, from pencil and paper giving way to computers, to rules and regulations that shift from year to year.
When finding the value of a property, appraisers commonly use one or more of three approaches to valuation, the Cost Approach, the Sales Comparison Approach, and the Income Capitalization Approach. In this post I will explain the differences in the three different approaches and when each approach is commonly used.
Real estate evaluations have increased substantially in the last decade. As more and more appraisals are replaced by evaluations, the real estate appraisal world has taken a keen notice of this controversial tool. In this post, the difference between appraisals and evaluations will be highlighted and a few of the most popular questions about these tools will be answered.
Are you better today than you were yesterday? How about last week, or last month? Are you better than you were last year?