Follow-up to Valuation Expo 2014 Presentation
A big “Thanks” to Joan Trice and the Allterra Group for holding another great Valuation Expo. This year was the 15-year anniversary and the Expo did not disappoint! I had the opportunity to speak at the recent Valuation Expo held in Las Vegas. My talk was called “Everyday Compliance Items and Your Appraisal Business” […]
Appraisal Issues: Handling Unacceptable Instructions from Your Client
This article was originally printed in the April 2014 edition of Appraisal Today, “Handling “instructions” to not make time (market conditions) adjustments without losing your client” by Joshua Walitt A few months ago, I posted to my blog several sample “instructions” I received from lenders, one of them telling me to remove a […]
Real Estate Commission issues Position Statement CP-44
Click the image to read the text of CP-44, Adopted June 3, 2014… The Colorado Division of Real Estate site is here.
House Value: Valuing a House Based on Price Per Square Foot
Question: We’re thinking about selling our house for-sale-by-owner. A house recently sold in our neighborhood for about $120 per sq.ft., so I thought we could multiple our house’s sq.ft. by $120 to figure out the value of our house. But my wife says that won’t work. Who’s right? Price-per-square-foot (sq.ft.) can be an […]
Reasons Real Estate Agents Order Appraisals
I talk with real estate agents almost every day. Sometimes I’m asking them questions about a property that sold which I’m considering using as a comp or I’m teaching a class on appraisals to lenders and realtors. Other times they’re calling me asking about various appraisal procedures or if I can do an appraisal for […]