National Association of REALTORS Archive

Valuing Energy Efficiency in Appraisal and Underwriting

In March, a joint study by the University of North Carolina at Chapel Hill Center for Community Capital and the Institute for Market Transformation (IMT) found that owners of ENERGY STAR-rated homes are one-third less likely to default on...

NAR Testifies Before House Subcommittee on Appraisal Issues

On June 28, 2012, Frank Gregoire testified before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity on behalf of the National Association of REALTORS® (NAR). Mr. Gregoire is an appraiser member of NAR and two-time Chair...

NAR Comments to CFPB on TILA or Fed Redux

This week, NAR submitted comments to the Consumer Financial Protection Bureau’s (CFPB) proposed rule amending Truth in Lending (Regulation Z) per Dodd-Frank. Much of this proposed rule looks familiar to you because CFPB is really just republishing regulations and...
February 24, 2012

NAR Adopts Broader Valuation Policy

The National Associaiton of REALTORS® (NAR) continues its holistic approach to valuing real property with the adoption of its Responsible Valuation Policy. The document is the culmination of NAR’s efforts to consider all methods of valuing real property. NAR...
February 16, 2012

NAR Calls for Ban on AMC Indemnification Clauses

On August 11, 2011, National Association of REALTORS® (NAR) President Ron Phipps sent a letter to federal regulators calling for a ban on the use of indemnification clauses used by appraisal management companies (AMCs). The letter was sent to...

Survey Says…

Each year at this time, REALTOR® magazine, published by NAR, and Remodeling magazine, published by Hanley-Wood, team up to produce the Remodeling Cost vs. Value Report. It provides resale values for popular remodeling projects in 80 U.S. metro markets....

NAR Releases Appraisal Statement

Today, the National Association of Realtors (NAR) released a statement regarding appraisers and appraiser independence on their appraisal web page. In the statement, NAR expresses concerns about recent attempts to interfere with the appraisal process and the independence of...

The RVM is Churning & Burning

The RPR blog recently announced that the Realtors® Valuation Model (RVM) is up, it’s running and it’s better than your AVM. Don’t take our word for it – check out the fancy chart in the post. The RVM is...

It Ain’t Easy Going Green

One of the challenges with greening residential real estate has been appropriately valuing such features in the appraisal process.  According to the National Mortgage Professional, “Home builders and others have complained that appraisers often don’t properly take into account...
January 25, 2011

Center for Realtor Technology Releases Appraisal Dashboard

NAR’s Center for Realtor Technology (CRT) recently released an Appraisal Dashboard.  CRT takes ideas that come from the field and tries to make useful technology applications from those ideas.  The CRT blog indicates that this tool came from an...