We’re all hearing more and more about the new Uniform Appraisal Dataset (UAD 3.6). Some of you may have even gotten inquiries from lenders or financial institutions already. Are you ready for it? If not, you’ll need to be very, very soon. UAD 3.6 is a complete rethinking of how valuation data is structured, communicated, […]
Looking back on an eventful, complicated year — professionally and personally. It’s been a strong year at StoryboardEMP, our fiesty little umbrella company for Appraiser eLearning, Appraisal Buzz, and our private investigator and agent verticals. We brought on a new partner last year at Agent eLearning. Appraiser eLearning had a record year, as did our annual appraiser conference, Valuation […]
In his leadership book, Unreasonable Hospitality, famed restaurateur Will Guidara makes the case that any business can benefit from an above-and-beyond service mindset. Unreasonable Hospitality: The Remarkable Power of Giving People More Than They Expect By Will Guidara. Optimism Press. 288 pages. $29. In the opening scene of Unreasonable Hospitality, Will Guidara describes his mortification […]
Last spring, Fannie Mae introduced a policy update that had appraisers and lenders talking. But this change was really just a reminder of what’s already standard practice: analyzing and adjusting for market conditions in every appraisal. The new guidance comes with a stronger push for appraisers to document time adjustments when the market demands it […]
Because a single-family home in Denver and a fourplex in Detroit don’t look alike, but they share the same fundamentals: location, condition, quality, and market forces. The new framework recognizes that and organizes it accordingly.
The story is still ours to tell, but the structure lets that story travel farther.
If, like me, you’ve been doing this a while, you might be tired of hearing about “big changes.” Every few years, someone promises revolution and delivers another PDF.
This one’s different.
What constitutes “bias” in appraisal isn’t always what you expect, according to an attorney who handles cases involving appraisers. First, let’s start with a definition we can agree on: Objectivity in appraisals means analyzing data based on well-established principles, free from bias or external pressure. Appraisers know what external pressure looks like. Anybody who’s been […]