News Archive

What is My Home Worth?

In May, we told you about our personal experience getting our home appraised.  Well, the appraiser arrived as scheduled and completed his job in accordance with all the standards and ethics required by an appraiser (as far as we...

Appraisal Foundation in Dispute with Appraisal Institute

Word has been spreading around the campfire for some time about a dispute between the Appraisal Institute (AI) and the Appraisal Foundation.  The dispute came to a head on June 15, 2010, when the Appraisal Foundation held a special...

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...

Take the $10,000 Challenge

No, this offer is not for appraisers.  This offer is for lenders interested in working with the ironically-named appraisal management company (AMC) InHouse. InHouse is the best AMC in the industry – just ask them, they’ll tell you.  “InHouse...

FHFA Kills IVPI, Announces Complaint Process

In a letter to New York Attorney General Andrew Cuomo, the Federal Housing Finance Agency’s (FHFA) Interim Director, Ed DeMarco, announced that the Independent Valuation Protection Institute (IVPI) will not be implemented by Fannie Mae and Freddie mac.  The...

A Personal Appraisal Experience

Just a brief note to share a recent experience with the appraisal process.  We are going through a full documentation refinance that requires an appraisal. First, the appraiser contacts us to schedule the appointment.  During the call he asks...

It’s Greenday

On this Earth Day we choose to play Peacemaker and take a break from the “he said-she said” that is going on between appraisers and real estate agents.  We’ll pretend today we’re all in this together and focus on...
April 22, 2010

Does AMC Survey Shed Light on “Propoganda”?

The Maryland-based Coester Appraisal Group recently released its annual survey on appraisal management companies (AMC).  According to AppraisalNEWSCAST.com (the Coester blog), the survey sheds light on industry propaganda.  “After further analysis of the data from the Annual Coester Appraisal...

Appraisers Hinder ROI on Green Retrofits

Improving the energy efficiency of one’s home is beneficial for a variety of reasons but one may not include improving the home’s value.  Most agree that energy retrofits are good for the environment and save homeowners on utility bills...
February 5, 2010

REALTOR® Leader Appointed to RPR Advisory Board

Dick Koestner, a 32-year veteran real estate professional and past president of the Iowa Association of REALTORS® and the Greater Davenport (Iowa) Association of REALTORS®, has been named to the REALTORS® Property Resource (RPR) advisory board. RPR is set...