Feature Stories, Technology Corner

Appraisers are, perhaps, the most resistant to change in the valuation industry. Or at least they’re the most vocal about the change. According to Jenn Reese, managing director at Value Services, a nationwide property valuation company, communication is going to be the key to driving appraisal technology and efficiency. “The first thing that appraisers need to do is communicate with their peers,” she said. “The residential appraisal profession is very segmented. Many appraisers work on their own or with a very small group and never learn to adopt new processes outside of their circle. In fact, residential appraisers very often work in solitude and consider other appraisers to be their competition as opposed to their peers. Each does things a particular way, and the attitude is that if you don’t do it the same way, you are wrong.” 

Feature Stories, Live Coverage, Technology Corner

Day one of the National Settlement Services Summit contained all sorts of practical information for running a business in 2013, in addition to some of the high-level talking points about industry change involving regulators and lenders. The standout nugget, for me, was this simple idea: “The market has never put anybody out of business.”

Feature Stories, Technology Corner

We are living in an age of technology, and that’s not going to change. It’s a plain and simple fact that technologies on virtually any level are able to fulfill tasks with greater speed, accuracy and consistency than manual processes. Technology isn’t just a convenience. It is also affording more flexibility as many lenders are tacking appraisal management on their own.

Feature Stories, Technology Corner

The 2013 Appraisal Technology Report tackles the rise of appraisal technology, the growing adoption of mobile apps, predictive analytics, property identification, automated valuation models (AVMs) and beyond. Download the report today! This year’s report is for subscribers only. So make sure you’re a Valuation Review subscriber to get the full report delivered to you on Monday, June 10. You can subscribe by visiting the October Store. 

Feature Stories

On Monday, June 10, Valuation Review released its anticipated follow-up to last year’s “App-raising Technology Special Report.” The 2013 Appraisal Technology Report tackles the rise of appraisal technology, the growing adoption of mobile apps, predictive analytics, property identification, automated valuation models (AVMs) and beyond. This year’s report is for subscribers only. So make sure you’re a Valuation Review subscriber to get the full report delivered to you on Monday, June 10. You can subscribe by visiting the October Store. Here’s a preview of the content you can look forward to ...

Feature Stories

In diving into the biggest pet peeves in the appraisal review process, Frank Danna, president and chief executive officer of Appraisal Logistics, Inc., and Bill King, director, Valuation Services at Veros Real Estate Solutions, narrowed down the list of complaints to the five biggest sticking points.