NAR suggests using existing data on appraisers with and without college degrees to quantify whether a college education is a meaningful requirement.Read More
The Department of Housing and Urban Development (HUD) announced a Conciliation Agreement with The Appraisal Foundation (TAF). TAF is the private organization that sets qualifications and standards for the appraisal profession....Read More
With practice changes coming that include the prohibition of offers of compensation on MLSs, it’s imperative that brokers, agents and appraisers keep an open line of communication.Read More
The federal banking regulators and Consumer Financial Protection Bureau (CFPB) released their final rule on quality control standards for automated valuation models (AVMs). The final rule reflects some of NAR’s recommendations. Learn more...Read More
Appraisers must take a nuanced approach to valuing a parcel of land, considering not just size and location but a wide range of factors that you can help identify.Read More
NAR asks for clear guidance on the application of fair housing laws to the appraisal process as well as transparency in the compensation of appraisers.Read More
A real estate appraiser's salary is often based on licensing level and experience. Learn how much you can make with a career as a real estate appraiser.
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These types of assignments don’t require appraisers to inspect the interior or exterior of a property. Your care can make such valuations more reliable.Read More