Appraiser News

The Appraisal Institute (AI) recently welcomed its new CEO.

Valuation Review caught up with Cindy Chance for an in-depth interview where she shared her immediate thoughts on the profession and her goals for AI.

Read on for the complete conversation with Chance.

The chief appraiser resigned from the Tarrant Appraisal District in Fort Worth, Texas, after receiving nonconfidence votes from local elected officials.

He was then hired to be chief appraiser in another Texas district.

Read on for more of the story.

Worth Valuation Services, a newly formed independent entity, recently acquired the valuation services division of Dwellworks LLC.

Worth will continue to provide lender and relocation appraisal services throughout the United States, its five territories, and Canada.

Read on for more news about this acquisition.

The Appraisal Institute (AI) recently announced the organization’s Practical Applications of Real Estate Appraisal program (PAREA) for the licensed residential path has launched broadly, and registration is now open. The Appraisal Foundation’s Board of Trustees awarded the Pathway to Success Grant to AI to assist with the development of the PAREA program.

PropertyRate recently announced the launch of its valuation strategy and operations group to better meet the rapidly evolving needs of the mortgage industry. To support this initiative, PropertyRate strengthened its team with the addition of two industry veterans.

In a letter to the Consumer Financial Protection Bureau and several other agencies, the Mortgage Bankers Association and the Consumer Bankers Association expressed concerns regarding the agencies’ proposed rule on Quality Standards for Automated Valuation Models.

The MBA and the CBA outlined specifics, with recommendations moving forward.

Read on to learn more.

Valuation Review concludes its conversation with veteran appraiser Jeff “Dutch” Homan from the 2023 Valuation Expo conference in Las Vegas.

Homan shared many thoughts with us including how the profession can attract a new generation of appraisers.

Read on for the conclusion of this conference story.

CNY Pomeroy Appraisers, a long-established appraisal firm based in upstate New York, is now Colliers Syracuse. The firm offers a diverse range of real estate valuation services including financing, litigation, easements, estate planning, and condemnation. 

At the 2023 Valuation Expo conference in Las Vegas, Valuation Review had the opportunity to sit down with veteran appraiser Jeff “Dutch” Homan for an exclusive interview.

Homan, a certified appraiser in multiple states, gave us his unique perspectives on many aspects of the profession.

Read on for Part I of our conversation with Homan.

One of the essential elements that can significantly impact valuation is accrued depreciation, according to a blog post by Off Plan Property Exchange.

In “Understanding the Impact: The Importance of Accrued Depreciation in Real Estate Appraisal,” the role of accrued depreciation is discussed with an emphasis that it is vital for both buyers and sellers, as it can significantly influence the final transaction price.

Read on to learn more.