Slowing Home Market to Ripple Through Job Market
Published Saturday, May 13, 2006 by Real Estate Pro."You saw it - there were dollar signs in their eyes," recalls Nick Vayonis, a former real estate agent in Los Angeles, where median home prices rose 145% in four years. As the housing market slows, there will likely be a lot of stories of people who are bailing out of their real estate jobs and other professions related to housing - appraisers, mortgage brokers and home construction workers - and many not by choice.
Tagged: Appraisers
Slowing Home Market to Ripple Through Job Market
USPAP ? Keep Extraordinary Assumptions Extraordinary!
Published Friday, May 12, 2006 by Real Estate Pro.How would you consider your own use of EAs? The correct process would be to state or disclose that you are not a contractor and that the scope of your inspection did not include determination of hidden defects in the roof, and that your deferred maintenance is based upon the observed condition from the ground. What is more, you have placed the lender on notice that your inspection did not consider hidden defects.
Tagged: [existing_link:cc15164a3e241ed1073f4d850a1ce6c5]
USPAP ? Keep Extraordinary Assumptions Extraordinary!
"Ten Rs" for Mentoring New Appraisers - Here's the Drill
Published by Real Estate Pro.Research: It is the responsibility of the supervisor to ensure that the trainee knows where to gather data and that the data collected is reliable. A supervisor should expose a trainee to as many different property types, report formats, value ranges etc., as possible, with the understanding that each time a new or unique assignment is introduced, there is a responsibility to instruct and educate the trainee to ensure competency. 8.
Tagged: Appraisers
"Ten Rs" for Mentoring New Appraisers - Here's the Drill
5 Reasons Why Blogging is the New Internet Marketing Tool For Real Estate Appraisers
Published Friday, April 21, 2006 by Real Estate Pro.As you get more and more into writing your experiences on a particular product or industry, your readers come to realize that they can depend on your posts for their own information needs. As companies and professional organizations notice the growth of your readership base, they may soon get in touch with you for advertising on your blog page, or make you an affiliate, which pays for every referral generated from your blog site.
Tagged: Appraisers
5 Reasons Why Blogging is the New Internet Marketing Tool For Real Estate Appraisers
Using Appraiser Trainees - The Safe Way
Published Thursday, April 20, 2006 by Real Estate Pro.Increased Liability Exposure In the past a licensed appraiser would hire and supervise up to two trainee appraisers. We have seen a single appraiser sign as many as 1,500 appraisals per year with the assistance of numerous trainee appraisers and it is reasonable to assume that preparation of these appraisal reports by the trainee appraisers were not supervised properly. 25% of claims reported to us during 2005 involved a trainee appraiser.
Tagged: Appraisers
Using Appraiser Trainees - The Safe Way
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Published by Real Estate Pro.Listing a square footage when selling a home is getting riskier, legally speaking. Because people have sued when the square footage quoted wasn't correct, some Realtors will no longer put the square footage in the listing. For example: architects measure from the outside of the wall to the outside of the wall. " So, if you are looking at a home and don't find the square footage mentioned, this may be the reason why.
Tagged: Appraisers
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