‘Opinion’ Posts

 

AMC Appraisal Fees and Disclosure- Joshua Walitt

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The proposed AMC Rules from the Agencies are out in draft form.  Coalitions, industry organizations, and groups of appraisers are examining these and other Rules.  There is discussion amongst appraiser groups and other industry participants like never before.  It’s a great time to make your voice heard and to hear what others have to say! […]

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Agencies Issue Proposed Rule on Minimum Requirements for Appraisal Management Companies

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Six agencies released a Joint Release “Agencies Issue Proposed Rule on Minimum Requirements for Appraisal Management Companies”. The release, and its attached Proposed Rule, list five AMC requirements that participating States must enforce, as well as six broad powers the States must have related to monitoring, disciplining, and reporting.     The Joint Release also points […]

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How to create an Appraisal Report: Following Instructions

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I normally get very few revision requests, and usually for minor items. I’m not saying this to pat myself on the back, but to explain how surprised I was a few weeks ago when I received two revision requests in the same week. And they weren’t just any type of revision request: they were the […]

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Paired Sales Are a Joke …

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“Paired Sales are a joke” …So some folks say.   Okay, I agree that paired sales are not the be-all and end-all of adjustments, and that there are other methods for supporting adjustments, but the paired sales method really can be valuable.   Yes, paired sales are much more accurate in a textbook or in […]

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Listings: To Grid or Not To Grid…

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Have you ever gotten into a disagreement over whether including listings in the sales comparison approach is inappropriate – or even misleading? I’d like to say I’m torn over the issue and just present my opinion as some middle-of-the-road approach; however, I really do see the benefits of including listings as part of summarizing my appraisal […]

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