Housing Wire

APRIL 30, 2022

Analyzing Comps can be a pain point for both the client and the appraiser. Historically, appraisers haven’t had visibility into their own peers’ data, even though they’re graded on their consistency with their peers and asked to comment on their peers’ data.

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MLS Investor Industrial As-is 370

Housing Wire

FEBRUARY 6, 2024

Previously, the only way to create a robust report truly reflective of the potential of a short-term rental was to have a certified general appraiser complete a narrative report. Utilizing a Certified General Appraiser ensures that the professional making the analysis and providing relevant commentary has the credentials to be able to do so.

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Commercial Lending MLS Inspection 441

Housing Wire

SEPTEMBER 19, 2023

CubiCasa will be providing its user-friendly floor plan creation tools to the 110,000 members of California Regional MLS (CRMLS), the largest MLS in the United States. CubiCasa’s MLS Partnership Program now boasts 30 participating companies. CubiCasa’s MLS Partnership Program now boasts 30 participating companies.

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MLS Technology Marketing 421

Inman

JUNE 27, 2023

New Mexico MLS — a statewide MLS with 1,150 agent, broker and appraiser subscribers — will likely launch Aligned Showings in either the fourth quarter of 2023 or the first quarter of 2024, according to MLS Aligned.

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Housing Wire

MARCH 21, 2024

We’ve been scenario planning for quite some time, and it was not a scenario we have not already planned for,” said Art Carter, CEO of the California Regional MLS (CRMLS). “On At CRMLS, Carter said he and his team are already working to implement changes they will have to make to their MLS in order to comply with the new rules. “We

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MLS Agents Industrial Brokerage 431

RIS Media

OCTOBER 30, 2023

The appraisal, either from the buyer or seller’s standpoint, is a point in a real estate transaction full of pitfalls. While there are already plenty of regulations around appraisals, the current model is still criticized for its… The post Bright MLS Urges Transparency in AVMs as Regulators Consider New Rules appeared first on RISMedia.

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MLS Sales As-is Industrial 123

Realty Biz

NOVEMBER 28, 2023

The home appraisal can be a major source of stress for homebuyers. Buyers have little to no control over it and are legally prohibited from trying to influence the appraisal. However, an unfavorable or error-ridden appraisal can sink the entire sale. That’s not true — what’s illegal is trying to influence the appraisal.

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MLS Loans Industrial Sales 97

Housing Wire

OCTOBER 25, 2023

In response, Blefari said that HomeServices does not require agents to become NAR members nor participate in the MLS. “Maybe the local company or the MLS does, but we don’t,” Blefari testified. He refused to provide evidence about the purpose of the rule, but he admitted the rule was a core component of the MLS.

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MLS Agents Brokerage As-is 421

Broke Agent Media

MARCH 1, 2023

Home appraisals have long been an issue of debate within the real estate industry. The good news is Fannie Mae is working to eliminate discrepancies that can occur with traditional appraisals. The spectrum balances traditional appraisals with appraisal alternatives. Lender reviews data and warrants property eligibility.”

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MLS Inspection Loans Industrial 98

RIS Media

OCTOBER 16, 2023

If all the many steps for buying or selling a home were like progressing chapters in a dramatic novel, the appraisal would be among the least engrossing, like a necessary but dull plot development that forwards the tale (transaction). It’s a must to include, even if there’s almost nothing about it that raises eyebrows.

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Development MLS Sales Industrial 125

Real Estate News

NOVEMBER 13, 2023

Collabra adds MLS visionary to its board, CoreLogic launches AR-powered tool for appraisers, LeadingRE adds BoxBrownie.com to its Solutions Group

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MLS 232

McKissock

FEBRUARY 24, 2023

Here at McKissock, our Unlimited Learning Members enjoy 24/7 access to a wide variety of online resources for real estate appraisers. These include appraisal webinars, job aids, checklists, classes, and much more. Below is a list of five useful appraisal technology webinars available right now in our membership toolkit.

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Technology Commercial Residential MLS 78

RIS Media

APRIL 28, 2022

Leaders from California Regional MLS have collaborated to launch Venture MLS, the first venture capital firm rolled out by a Multiple Listing Service, the organization has announced. The firm’s first project, Venture MLS Fund I, will back seed and early-stage real estate technology companies.

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MLS Technology Staging Development 98

Housing Wire

SEPTEMBER 8, 2021

QuickSource allows appraisers to complete their comps grid and reduce their risk of revision requests. It imports from MLS, public records, their comps database, and peer comps. Once the data has been reviewed for source discrepancy and formatted for client requirements, one click sends it straight into an appraisal report in TOTAL. #3.

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Mortgages MLS 347

Housing Wire

AUGUST 22, 2022

In October 2021, the company was sold to a joint venture formed by four of the nation’s largest MLSs (the Austin Board of Realtors’ ACTRIS MLS , First MLS in Atlanta, Heartland MLS in Kansas City and Miami Realtors’ MLS ). Schacknies stepped down.

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Equity MLS Renovation Loans 370

McKissock

APRIL 27, 2021

In completing bifurcated and hybrid appraisals , you must reasonably believe that information relied upon—from a third-party inspector or another data source—is reliable. You, the appraiser, should have a process for evaluating data reliability by asking the following questions: Who collected the data? Various available data sources.

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MLS Property Management Renovation Development 89

McKissock

APRIL 1, 2022

As a real estate appraiser, you strive for efficiency in your process and in your business. To better understand what sort of technology training and webinars would be the most useful to you, we asked appraisers, “On what appraisal software tools would you like additional training? ” Here’s what they said.

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MLS Technology Commercial Inspection 86

McKissock

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

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Inspection MLS Technology Loans 88

Housing Wire

MAY 11, 2021

The GSEs require appraisers to evaluate them on a scale from C1/Q1(best) to C6/Q6(worst). Detailed definitions of these rating points can be viewed in the Fannie Mae and Freddie Mac Uniform Appraisal Dataset Specification. . That’s a typical comment one might find for a property that was appraised as a C5 rating.

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MLS Inspection Renovation Residential 384

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “It’s a lot more than just pulling comps!”

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Agents Inspection Renovation Construction 97

McKissock

JUNE 6, 2022

The use of Microsoft Excel is widespread in the appraisal industry. In a recent survey, Excel was among the top four software tools on which appraisers said they’d like additional training. Are you looking for new and better ways to leverage Excel tools in your appraisal business? View the schedule.

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MLS Residential Development Marketing 70

McKissock

NOVEMBER 2, 2021

If you are considering a career in real estate appraisal, you’re probably curious about appraiser salary and income potential. According to the Bureau of Labor Statistics, the median annual wage for all appraisal license levels was $58,650 in 2020—$16,700 more than the median annual wage for all occupations in the U.S.

Residential 91

Residential MLS As-is Marketing 91

McKissock

DECEMBER 1, 2020

There are many articles, blogs, and opinion papers that either support or reject bifurcated and hybrid appraisals, which contributes to a great deal of confusion. Here at McKissock Learning, we do not support any position regarding bifurcated and hybrid appraisals. What is a bifurcated appraisal?

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Inspection MLS Development As-is 58

Real Trends

FEBRUARY 28, 2022

Bright MLS , the nation’s second largest MLS , announced earlier this year that it has not renewed its agreement with Remine. This means that starting April 1 the MLS’s 98,000 subscribers across six states and Washington, D.C. Since October 2019, Bright MLS members have had Remine Pro as a free member benefit.

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MLS Technology Agents As-is 69

McKissock

SEPTEMBER 28, 2021

Time management challenges are a big issue for many property appraisers. Your income depends on how many appraisal assignments you can complete each month and each year—and you need time to produce each report. Last month we asked appraisers, “What’s one thing you wish you could STOP doing to save time in your workday?” .”

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MLS Loan Officer Inspection As-is 85

HomeLight

SEPTEMBER 22, 2022

Appraisers and real estate agents have a love/hate relationship. Of course, we love them when the home value appraises at or above our client’s sales price, and not so much when it doesn’t. For some agents as well as homeowners, appraisals are a bit of a mystery. How exactly did the appraiser get to that number anyway?

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Agents Banks MLS Sales 86

Housing Wire

FEBRUARY 19, 2021

It could also have big implications for appraisers, who are already nervous about the continued rise of automated valuation models. Previously, an appraiser would need to make an in-person visit to note the condition of the property, Dosaj said. The systems have condition data sets for 110 million buildings across the United States.

Investor 431

Investor Brokerage MLS Loans 431

McKissock

FEBRUARY 24, 2023

Here at McKissock, our Unlimited Learning Members enjoy 24/7 access to a wide variety of online resources for real estate appraisers. These include appraisal webinars, job aids, checklists, classes, and much more. Below is a list of five useful appraisal technology webinars available right now in our membership toolkit.

Technology 52

Technology Commercial Residential MLS 52

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Lending 370

Lending Title Mortgages Equity 370

McKissock

AUGUST 30, 2022

There’s no simple and easy way to deal with appraisal pressure. A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients. Educate your appraisal clients.

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Lending Bankruptcy Inspection Mortgages 81

McKissock

JUNE 24, 2022

Change is a part of life, and that is certainly evident in the appraisal industry. Statistics tell us that the average appraiser is between the ages of 55 and 60 years old, and no doubt, they’ve seen technology reshape the industry since their early days in the field. That means that you are spending 4 to 8 hours per appraisal.

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MLS Inspection Technology Industrial 60

HomeLight

NOVEMBER 9, 2021

An appraisal is the process of determining what something is worth, getting an official value on a big ticket item — whether that item is your engagement ring, your late grandfather’s Black Forest cuckoo clock, or your beloved home. Charitable contributions of property over $5,000 require a qualified appraisal for tax deduction purposes.

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Purchase and sale agreement Equity Bankruptcy Finance 87

Housing Wire

DECEMBER 8, 2023

There are other ways to find inventory rather than just using your MLS. You cah also be more creative in your MLS searches in ways that net you more inventory to choose from for your clients. To do that, you need to use more than just Realtor.com , Homes.com and Zillow. Online and offline resources are at your fingertips.

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Proof of funds Inspection contingency Inspection MLS 432

Housing Wire

NOVEMBER 8, 2021

There remains a belief among listing agents and their clients that the VA appraisal and closing process will be a hassle. A lot of the misconceptions about working with VA loans center on the VA appraisal process – which differs from conventional mortgage appraisals – as well as the time it will take for a transaction to close.

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VA loan Agents Pre-approval Debt-to-income ratio 397

Housing Wire

NOVEMBER 13, 2023

Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 For Math Cram and Exam Prep Master courses, MLS offers a “1 Day Limited Money Back Guarantee Policy.”

Purchase and sale agreement 441

Purchase and sale agreement MLS Pre-approval Agents 441

McKissock

MAY 11, 2021

Technology is constantly changing the appraisal industry. To find out, we asked real estate appraisers, “What ONE technology tool makes your life easier as an appraiser?” What ONE appraisal technology tool makes your life easier? Other appraisal software tools and apps. But which tools are worth investing in?

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Technology Inspection MLS As-is 82

McKissock

JANUARY 14, 2022

For example: I had an assignment to appraise a 3,500 sq. It was unoccupied so I used my MLS Lockbox key for access. Free Download: Ready to launch your appraisal career? Find out how to become a property appraiser our free guide. How do appraisers address these odor issues?

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Subject to inspection Inspection Residential MLS 77