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4 Reasons to Hire an Appraiser

November 1, 2019 by Appraisal Institute Staff

When considering appraisers, many people initially might think only of residential properties. However, valuation professionals can offer a broad range of services to both commercial and residential real estate clients.

[Read more…]

Filed Under: consumer appraisal information, home appraisals, residential appraisals

4 Points to Consider When Appraising Condos, Co-ops and PUDs

May 14, 2019 by Appraisal Institute Staff

Owning a condo can offer many perks, as can choosing a co-op or planned unit development, and all of these property types present opportunities for valuation professionals.

In fact, according to the National Association of Realtors, there were 601,000 condo and co-op sales in the U.S. in 2018.

[Read more…]

Filed Under: co-op appraisals, condo appraisals, PUD appraisals, residential appraisals

Appraisal Institute President Outlines 2019 Goals

January 23, 2019 by Appraisal Institute Staff

still2019 Appraisal Institute President Stephen Wagner, MAI, SRA, AI-GRS, outlines the Appraisal Institute’s priorities for the year in the organization’s latest video.

As the Appraisal Institute continues to serve as the global valuation profession’s thought leader, the organization remains at the forefront of the most pressing issues facing appraisers today. [Read more…]

Filed Under: Appraisal Institute, residential appraisals, The Appraisal Institute

Key Differences Between Appraisals and Home Inspections

March 8, 2018 by Appraisal Institute Staff

Some consumers confuse the role of appraisers with that of home inspectors. But important differences exist between the services offered by those professionals.

Money vs. maintenance

Appraisals are completed to provide a credible, reliable opinion of a property’s value. Inspections are performed to give prospective homebuyers insight into a home’s plumbing, electrical, roof and other features to help determine its condition.

[Read more…]

Filed Under: home appraisals, home inspections, residential appraisals

Not ‘Just’ a Residential Appraiser

March 1, 2018 by Appraisal Institute Staff

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By Rachel Massey, SRA, AI-RRS

I am not “just” a residential appraiser!

There’s no doubt that obtaining a certified general appraisal license opens doors to varied and interesting work. If it’s in one’s capacity to obtain this level, it’s a great idea.

But the idea of being “just” a residential appraiser must stop. Competent, highly qualified residential appraisers who study the market, know how to analyze and solve problems – and who can communicate effectively and succinctly – are very valuable to their clients.

[Read more…]

Filed Under: appraisal careers, residential appraisals, residential appraisers

4 Reasons an Appraisal May Not Match a Home’s List Price

February 1, 2018 by Appraisal Institute Staff

Many factors help appraisers develop an opinion of value, which might result in an appraisal that doesn’t match the property’s sale price.

Emotional connection

An appraiser is there to give their unbiased professional opinion of a home’s value. Part of their job is to not have an emotional connection with the property. A homeowner usually has a figure in mind, which often reflects their attachment to the home itself.

[Read more…]

Filed Under: residential appraisals, residential appraisers

2018 Appraisal Institute President’s Message

January 11, 2018 by Appraisal Institute Staff

Murrett StillThe Appraisal Institute’s latest video features 2018 President James L. Murrett, MAI, SRA, outlining the organization’s top priorities for the year.

AI serves as the global valuation profession’s thought leader and will seek to advance the profession in four ways:

[Read more…]

Filed Under: Appraisal Institute, residential appraisals

The Value of the SRA Designation

December 5, 2017 by Appraisal Institute Staff

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By Woody R. Fincham, SRA, AI-RRS

As co-chair of the Appraisal Institute’s Residential Appraiser Project Team, I’m often asked why residential appraisers should pursue AI’s SRA designation. Does it really help generate assignments, I’m asked?

I can tell you emphatically that there is great value in the SRA designation. Here’s just one story of how it’s helped my career.

[Read more…]

Filed Under: Appraisal Institute Designations, residential appraisals, residential appraisers, SRA designation

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RSS AI News

  • New Appraisal Institute Text Demonstrates Essential Valuation Techniques January 20, 2021
  • Appraiser Diversity Workshop Scheduled January 14, 2021
  • Appraisal Institute Helps Tackle Unconscious Valuation Bias: Valuation Magazine January 12, 2021

RSS Industry News

  • SBA Re-opens Paycheck Protection Program for New and Some Current Borrowers January 20, 2021
  • Essential Worker Status May Help Appraisers Get Early Vaccination January 20, 2021
  • GSEs Extend Flexibilities for Appraisals, Employment Verification January 20, 2021

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