Appraiser News

The Appraisal Standards Board (ASB) of The Appraisal Foundation (TAF) held its Public Meeting recently in Washington, D.C. to discuss the Second Exposure Draft’s Proposed Changes to USPAP.

Valuation Review continues its conversation with TAF Appraisal Issues Director John Brenan, who outlined more proposed changes, as well as some news pertaining to the Board Advisory Opinion in relationship to guidance for appraisers.

Read Part II of this story to find out more.

Blockchain technology will provide validation saving appraisers time creating a more steady workflow.

In Part II of this story, Valuation Review continues its conversation with Ernie Durbin, chief valuation officer at Clarocity, for more insight to this intriguing industry topic.

Read on to learn more.

In Arizona, and many other states, hard-money loans are a means of financing a real estate purchase or development without many of the procedural hurdles associated with bank loans. Private businesses and investors offer hard-money loans on a shorter period, but with higher interest rates and other expenses. One firm is providing such loan assistance. Read on to find out who, and what the process is that is making a difference with investors.

The ability to rely on data and verify where numbers came from will prove invaluable to the appraiser in the future.

Blockchain technology will provide such validation, saving appraisers precious time searching for numerical verification.

Valuation Review spoke with Ernie Durbin, chief valuation officer at Clarocity, for his insights and expertise on Blockchain and the many benefits it will bring to the industry.

The Appraisal Standards Board (ASB) of The Appraisal Foundation (TAF) held a public meeting recently in Washington, D.C., to discuss the Second Exposure Draft’s Proposed Changes to USPAP.

Valuation Review spoke with TAF Appraisal Issues Director John Brenan for a recap of this meeting.

Read on to find out what we were told, and what to expect in future meetings.

Deephaven Mortgage announced a partnership with one of the nation’s fastest-growing appraisal management companies in Class Appraisal. Read on to find out more about this partnership and what it means for the valuation industry.

Veteran appraiser Steve Crosson has been an expert witness in cases from bankruptcy through value diminution. But he told Valuation Review his most enjoyable work comes by way of complex cases.

“I really enjoy working in federal courts wherein the judge has extraordinary power in intervening in arguments by both sides,” Crosson said.

Read on for part two of our interview to learn what else the national practice leader of the Integra Litigation Practice Group of Integra Realty Resources shared with us about being an appraisal witness.

At the National Association of Realtors’ annual conference in Boston, speakers including John Torvi of Landy Insurance Agency participated in an appraisal forum titled “Demystifying Agent-Appraiser Communication: Law, Liability and Best Practice.” The forum highlighted proper approaches for communication and cooperation between agents and appraisers. Read on to learn more.

Jet Support Services, Inc. (JSSI) has acquired assets of S3 Aero Specialists. As a result of the acquisition, an American Society of Appraisers member will assume the role of director for JSSI. Read on to learn more.

Appraisers constantly are seeking ways to better their businesses. The key to achieving that, though, might be making the decision to specify one’s area of expertise.

The legal side of appraising, according to Steve Crosson, national practice leader of the Integra Litigation Practice Group of Integra Realty Resources, and a co-founder of Crosson-Dannis, Inc., is an under-served area of the appraisal profession where opportunities can be found.

Valuation Review spoke with Crosson about how one can thrive in this area.