A variety of circumstances, including a request by the seller, may lead to a formal review. It’s up to the lender.
The Appraiser’s Role Isn’t to Kill Your Deal
Appraisers start from a high bar before they can take on their own assignments, but agents can still play a role in helping them determine valuations accurately.
Can You Talk to an Appraiser?
More than a quarter of real estate professionals say they avoid having any interaction with an appraiser, falsely believing they legally can’t.
Why Appraisers Say ‘We Have Targets on Our Backs’
How professionals are managing the biggest obstacles to the home valuation process.
ANSI Square Footage Standards: What Agents and Appraisers Should Know
Fannie Mae’s adoption of the ANSI standard for measuring the area of a home is creating questions, inconsistencies.
11 Metros Break $500K Median Home Price
Austin, Texas, is the latest to join the half million dollar club.
Action Steps to Take Against Appraisal Bias
Work is underway on multiple fronts to quash bias in the appraisal process. If you see an issue, you can speak up, too.
Response to PAVE Action Plan
NAR has provided comments to the Biden Administration’s Action Plan to Advance Property Appraisal and Valuation Equity (PAVE Action Plan).
White House Releases Plan to Combat Appraisal Bias
An interagency task force at the White House has outlined a plan aimed at rooting out racial and ethnic bias in home valuations.
White House Releases Plan to Combat Appraisal Bias
The five-step plan aims to fight racial and ethnic bias in home valuations that lawmakers blame on widening the racial wealth gap.