Appraiser News

Thanksgiving is truly a special time of the year for family and friends to gather in appreciation of the many gifts received. There is no question that the challenges presented to everyone in 2020 by way of the COVID-19 coronavirus proved to be very difficult obstacles to overcome.

Still, Valuation Review found that many in the appraisal profession remain optimistic, and “thankful” for what they do have, while refusing to dwell on what was lost from a business standpoint.

Read on to hear the sentiments of industry veterans during this holiday season.

Recently, Stewart Appraisals Management, Inc., a subsidiary of Stewart Information Services Corp. acquired Pro-Teck Services Ltd. (Pro Teck Valuation Intelligence).

Valuation Review spoke with Pro Teck Valuation Intelligence CEO Tom O’Grady about selected technological advances assisting appraisers during these difficult times, as well as what his business has done to ensure health and safety for appraisers.

Read on for more of our conversation.

Fannie Mae recently announced updates for appraisers regarding its Lender Letter (LL-2020-04) for all Fannie Mae Single-Family Sellers and the impact of COVID-19 appraisals. Read on for the latest.

At the 2020 Appraisal Summit, Class Valuations’ Julie Jones, senior vice president of appraiser outreach and engagement, and William Fall, CEO of the William Fall Group, examined how the pandemic has changed the appraisal profession drastically and what appraisers can do to remain relevant.

The panelists examined this from the AMC standpoint providing methods to keep appraisers focused now, and in the days to come.

Read on to learn more.

Business Center for New Americans (BCNA), a New York City CDFI and Small Business Administration-certified Micro and Community Advantage lender, rebranded as Accompany Capital, according to a press release. Read on to learn more.

Lincoln International’s Valuations & Opinions Group is experiencing rapid growth including a more than 40 percent increase in assignments year-over-year and the increase of its team to over 70 dedicated professionals. Read on to find out how the company enhanced its valuation brand with the hiring of two industry veterans.

Appraiser Jeremy Bagott reached out to Valuation Review to share his thoughts and concerns about the inadvertent misleading of clients when it comes to enforcement of the Uniform Standards of Professional Appraisal Practice in California.

Among other issues, Bagott suggests a “double standard” is clearly evident. He sees it as an assault on to the rule of law.

Read on for more about this issue.

How can appraisers prepare for court appearances?

Valuation Review gets more legal insight for appraisers on the witness stand. Franklin Law Group attorney Craig Capilla shares his thoughts about what appraisers should keep in mind when being called as a witness.

Read on for more helpful tips.

The Appraisal Standards Board (ASB) of The Appraisal Foundation recently released a Q&A dealing with specific questions surrounding what USPAP.

This Q&A brings clarity for appraisers as to what the USPAP document does and does not allow.

Read on to get some clarity surrounding issues you may be having regarding proper interpretation. 

NAIOP, the Commercial Real Estate Development Association released its CRE Sentiment Index for September 2020. Read on to learn more from this commercial report.