News Archive

Midwest AMG on the Radio

Welcome Home Radio plays on KYNO940AM in Fresno, CA. This weekend they featured Marty Wagar from Midwest Appraisal Management Group. This AMC is a subsidiary of the Michigan Association of REALTORS. It also features a local appraiser. The reporter...

Appraisals in Declining and Recovering Markets

When a motivated buyer and a motivated seller agree to a price that is value. While commonly stated in the real estate industry it is not always true. It is not true even when there are multiple offers at...

8 Ways to Boost Your Home Appraisal

From the Today Show this morning. Visit msnbc.com for breaking news, world news, and news about the economy...
March 12, 2012

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

GAO Report on ASC Hits the Street

Yesterday, the US Government Accountability Office (GAO) released their report on real estate appraisals “Appraisal Subcommittee Needs to Improve Monitoring Procedures” as required per Dodd-Frank. GAO was tasked with 1) determining how the Appraisal Subcommittee (ASC) is carrying out...
January 19, 2012

EBSA to Re-Propose Definition of Fiduciary Rule

On September 19, 2011, the Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) announced it will re-propose it’s rule on the definition of a fiduciary. The rule was proposed to protect business owners who offer retirement plans and...
September 21, 2011

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....

Get on Track – the Fast Track

Many appraisers hold one, and sometimes more than one, designation from a host of professional appraisal organizations. These designations tell clients and, more broadly, the real estate industry that an appraiser has gone above and beyond the requirements for...
June 6, 2011