Author: www.nar.realtor - Appraisal & Valuation

For appraisers, it’s the foundation that undergirds every property appraisal assignment.

“The surge in housing values has turned many homeowners into millionaires,” says one housing expert.

Black and LGBTQ+ homeowners believe appraisal discrimination is rampant, a new survey finds.

The fraction of buyers who are waiving appraisal and inspection contract contingencies has been trending downwards in recent months, with REALTORS® saying that 19% of buyers waived the inspection contingency in December 2021, down from 27% in July, and 21% waived the appraisal contingency, down from 29% in June.

In a follow-up conversation, NAR staff stressed the value in continued engagement with REALTORS® and industry professionals, especially appraisers. Learn more about the event.

NAR formally requested HUD to include appraisers and their representatives in meetings of the Interagency Task Force on Property Assessment Valuation Equity.

Professionals who work in commercial real estate—including investors, brokers, lenders, appraisers, and lawyers—need to understand the current value of assets.

Peter Gallo, Chair of the NAR’s Real Property Valuation Forum presents a live form featuring a panel of residential, commercial, and review appraisers.

The appraisal process remains a challenge for real estate agents across the country. Learn some of the best ways to work with appraisers to make more deals.

The 2020-2021 Uniform Standards of Professional Appraisal Practice (USPAP) will now be effective until December 31, 2022.