The votes are in: Appraiser discrimination is rare — here’s how to spot it
While rare, firsttuesday readers report firsthand experience of discrimination during the appraisal process.
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Category: Appraisal
Help wanted: diversity in real estate appraiser industry
The real estate industry needs diverse representation to reflect its diverse group of clients — appraisers included.
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Poll: Have you or your clients experienced appraiser discrimination?
Implicit bias in the appraisal industry drags down the housing market.
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The danger of high appraisals in a spiraling housing market
A high appraisal has long stakes for homebuyers – and lenders.
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Form-of-the-Week: A comparative market analysis for setting prices and rents — Forms 318 and 318-1
A seller’s agent uses RPI Forms 318 and 318-1 when educating the seller on a reasonable asking price or rental amount for the property.
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Lack of diversity among real estate professionals reduces fees
Building a diverse real estate team creates better opportunities for financial growth.
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One small step for refinancing, one giant leap for inequality
Discriminatory practices in appraisals have led to refinancing inequality.
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Appraisals in a declining market — and why it matters in 2022
After two years of rapid price increases, appraisers will need to make a quick shift when prices dive later in 2022.
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Fannie Mae and Freddie Mac to launch remote desktop appraisals in 2022
After a successful test run triggered by the pandemic, Fannie Mae and Freddie Mac will soon be permanently accepting remote desktop appraisals on eligible transactions.
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Clarity on AMC designated officer rules
The designated officer (DO) is an important role ensuring appraisal management company (AMC) compliance.
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When may an appraiser trainee inspect independently?
The law is not clear cut, but the Bureau of Real Estate Appraisers (BREA) clarified the answer in their Fall-Winter 2021 newsletter.
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Freddie Mac study bares ugly truth of racial appraisal gap
Despite all efforts to make appraisals fair, equitable and based on facts, racial appraisal gaps persist — leading to a pervasive wealth gap.
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Securing your practice against appraiser complaints
Maintaining professionalism at all times is the best way to avoid complaints, as detailed in the Spring 2021 BREA Bulletin.
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Appraisers struggle to keep up with 2021’s hot market
Appraisers are bound to report the home’s value as they see it, not as the buyer and seller see it.
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Case in point: Does the price paid at a trustee’s foreclosure sale establish a property’s fair market value (FMV)?
An in-depth look into fair market value, assessment and the newest tax laws in California.
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Poll: How many of your clients are taking advantage of appraisal waivers?
Share your experience with other real estate professionals.
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Appraisal waivers are fueling the refinance wave
Is the rapid increase in appraisal waivers a danger sign for the market?
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Reduced experience requirements for appraisal trainees
Applicants for the residential (AL) appraisal license no longer need to categorize their experience.
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Correlation of Values and Creation of the Appraisal Report
Reconciliation of property values and creation of a completed Uniform Residential Appraisal Report
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