Appraisal Articles
REAL ESTATE APPRAISAL ARTICLES
How To Help Your Appraisal Business Weather Inflation
In March of this year, inflation hit a 40-year high as consumer prices rose 8.5%, which has climbed steadily for the last five months. The cost of gasoline, groceries, rent, and other goods surged, and although we could be hitting the peak, the climb down may be...
How Do You Plan To Stay Busy in a Down Market?
Fannie Mae is predicting a mild recession by the end of 2023, so it’s time to kick your networking skills up a notch and start securing more appraisal business! Our updated forecast includes an expectation of a modest recession in the latter half of 2023 as we see a...
Desktop Appraisals: What We’ve Learned So Far
Now that desktop appraisals and ANSI sketching standards have both been implemented, let’s dive into things we’ve learned, words from Fannie Mae, and more! At the beginning of the year, Fannie Mae and Freddie Mac announced they would include a desktop appraisal...
How To Combat Soaring Gas Prices as a Real Estate Appraiser
With fuel prices on the rise across North America, many people are cutting back on driving time, starting to carpool, and are exploring other ways to compensate for the increasing costs. Canadian drivers are paying up to nearly $2 per liter, while Americans are seeing...
The Magic of the Anow Dashboard: A One-Stop-Shop for Every Real Estate Appraiser
We recently sent out a survey to thousands of appraisers and admins for appraisal companies who use Anow, asking for thoughts and feedback on the Anow Dashboard. We noticed that a lot of respondents had similar types of comments, and in this blog we will address those...
The Latest on Real Estate Appraisal ANSI Sketching Standards
Appraisers will be required to use the Square Footage-Method for Calculating: ANSI® Z765-2021 (American National Standards Institute®) Measuring Standard for measuring, calculating, and reporting gross living area (GLA) and non-GLA areas of subject properties for...
Foster Company Culture in your Appraisal Business
Company culture is an important aspect of any team business, but it’s also one of the most forgotten activities due to time constraints and simply not realizing just how critical it is to building a cohesive group. Many businesses are working remotely and/or are...
What Challenges Do New Appraisers Face & How To Conquer Them
Choosing residential appraising as your profession is a fantastic way to show off your networking and communication skills, and it gives you the opportunity to make a great living with a flexible schedule. Even though these benefits are something to look forward to,...
Top Strategies for Independent Appraisers to Succeed in 2022 – Reduce Turn Times & Keep Up With Demand
Managing a one-person appraisal shop can be overwhelming, since everything falls on you instead of being distributed amongst different team members. When you have access to the right tools you can begin to simplify processes, reduce order completion times, and...
Real Estate Industry Forecast: What does 2022 have in store for appraisers?
2021 brought a wave of record-breaking activity in the real estate industry. Housing prices rose significantly and we also saw a surge in new home-buyers, making demand higher than it has been in years. Did you know that the average home price in Canada in November...