www.nar.realtor - Appraisal & Valuation

NAR Comments on The Appraisal Foundation Education Concept Paper

Wed, 31 Jul 2024 20:39:35 +0000

NAR suggests using existing data on appraisers with and without college degrees to quantify whether a college education is a meaningful requirement.

HUD Ends Investigation of the Appraisal Foundation With Agreement

Thu, 25 Jul 2024 16:59:41 +0000

The Department of Housing and Urban Development (HUD) announced a Conciliation Agreement with The Appraisal Foundation (TAF). TAF is the private organization that sets qualifications and standards for the appraisal profession.

HUD Charges Appraiser, AMC, and Lender With Discrimination

Tue, 23 Jul 2024 19:46:38 +0000

HUD alleges that the appraiser prepared an insupportably low appraisal of a duplex owned by a Black woman in a predominantly White area.

Appraisals, Data, and the Proposed NAR Settlement

Fri, 19 Jul 2024 15:18:06 +0000

With practice changes coming that include the prohibition of offers of compensation on MLSs, it’s imperative that brokers, agents and appraisers keep an open line of communication.

Final Rule on Quality Control Standards for Automated Valuation Models

Fri, 19 Jul 2024 13:57:27 +0000

The federal banking regulators and Consumer Financial Protection Bureau (CFPB) released their final rule on quality control standards for automated valuation models (AVMs). The final rule reflects some of NAR’s recommendations. Learn more.

The Agent’s Role in Land Valuation

Mon, 03 Jun 2024 21:24:31 +0000

Appraisers must take a nuanced approach to valuing a parcel of land, considering not just size and location but a wide range of factors that you can help identify.

NAR Applauds HUD and GSEs for New Appraisal Reconsideration Process

Wed, 01 May 2024 18:59:47 +0000

The new process allows consumers to more readily obtain a second look at appraisals when they disagree with them.

NAR Comments on 4th ASC Hearing on Appraisal Bias

Wed, 28 Feb 2024 21:25:28 +0000

NAR asks for clear guidance on the application of fair housing laws to the appraisal process as well as transparency in the compensation of appraisers.

Real Estate Appraiser Salary

Mon, 26 Feb 2024 17:24:01 +0000

A real estate appraiser's salary is often based on licensing level and experience. Learn how much you can make with a career as a real estate appraiser.

Why Desktop Appraisals Matter and How Agents Can Help

Thu, 30 Nov 2023 16:12:12 +0000

These types of assignments don’t require appraisers to inspect the interior or exterior of a property. Your care can make such valuations more reliable.