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Property condition information that’s cloud-based – “Word cloud” based

Housing Wire

Unfortunately, the ability to obtain information on individual property data about these two factors is hard to come by, short of an interior physical inspection. This is why most automated valuation models (AVM) default to assessing “average” quality and condition. Realtor Comments Hold Vital Info.

MLS 380
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What ONE Appraisal Technology Tool Makes Your Life Easier?

McKissock

Technology is constantly changing the appraisal industry. Learning how to adopt—and adapt to—the new technologies can help you become more efficient and generate more income. To find out, we asked real estate appraisers, “What ONE technology tool makes your life easier as an appraiser?” Mapping technology (GPS, GIS).

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4 Types of Real Estate Companies Sellers Should Know

Realty Biz

List in MLS Only For sellers who would like to save money potentially, there is the DIY option. Rather than using a full-service brokerage, you can hire a company that will do not much more than place your home in the MLS. Moreover, an MLS-only real estate company is responsible for accurately and comprehensively listing properties.

MLS 83
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Fannie Mae and Freddie Mac Desktop Appraisals: Your Questions Answered

McKissock

Does USPAP require me to complete an inspection? An appraiser may be able to conduct a virtual inspection remotely; however, this would still be considered a desktop appraisal. Does USPAP require me to complete an inspection? What data sources are used for identifying the subject’s relevant characteristics?

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What Appraisal Software Tools Are You Most Interested in Learning?

McKissock

There are many technology tools available to make your workflow faster and smoother. 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? Learn about MLS Multiple Listing Service at mls.com.

MLS 86
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Must-Do Strategies for Appraisers to Compete in Today’s World

McKissock

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. Be open to new technologies. Now, technology makes it possible to do pretty much everything online, and we can expect even more advancements.

MLS 60
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Fannie Mae Announces Alternatives to the Traditional Appraisal

Broke Agent Media

The first is value acceptance, which includes two new options for borrowers, both driven by data, models and technology. Desktop appraisal: “Appraiser completes the appraisal without physically inspecting the property, using data from various sources (agents, homeowners, MLS, tax records, etc.).

MLS 98