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Have you ever listed a home and during your listing appointment, the homeowner mentioned a previous appraisal? Maybe they kept impeccable records and had the appraisal from when they bought the home, as well as a refinance appraisal from two years ago. Which one should you use? What's the difference between the two?
Welcome to your crash course in choosing comps. In this podcast episode, we'll discuss the various methods for choosing comparable sales, just the way an appraiser does.
Having an appraiser on your team can not only help you if you have a problem, but it can also help you grow in all aspects of life and business. When you learn from someone who is in a different area of real estate, you're challenged to grow, you can learn new concepts and ways of helping your buyers/sellers, and you can also learn from someone else's mistakes!
Show Notes: https://riverfrontappraisals.com/the-realtors-guide-to-appraisals-part-2-why-you-need-an-appraiser-on-your-team/
Show Notes: https://riverfrontappraisals.com/how-to-determine-adjustments/
Over the years, I've been asked hundreds of questions relating to appraisals. This episode includes some of the questions I've heard repeatedly and I have a feeling you've probably asked a few yourself.
Show Notes: https://riverfrontappraisals.com/the-loan-officers-guide-to-appraisals-part-12-frequently-asked-questions/
Get your free sample chapter of The Guide To Appraisals E-Book here: https://www.guidetoappraisals.com/
We'll look at why standards matter, we'll look at a few ANSI basics, and then tie it all back to what it all means for you – the loan officer.
Show Notes: https://cutt.ly/LTRODlU
ANSI Document: https://cutt.ly/bTRDMmt
In this episode, Ryan Bays discusses what an extraordinary assumption is, how and why it's used, and how it differs from a hypothetical condition, and finally why these assumptions are so 'extraordinary'. Listen on!
Show Notes: https://riverfrontappraisals.com/the-loan-officers-guide-to-appraisals-part-10-how-extraordinary-assumptions-are-used/
Welcome to the September edition of our series, The Loan Officer's Guide to Appraisals. This entire year, the Appraisal Cast episodes' purpose has been assisting loan officers to better understand the appraisal process. This month's episode will be all about new construction appraisals. These appraisals present unique challenges, but I'll provide tips here so that everyone can make the process just a little easier.
-Ryan Bays
Show Notes: https://cutt.ly/1WkzWwR
I'll say from the outset that this episode will attempt to provide a well-rounded argument for several ways in which an appraiser can be biased, and some may just surprise you.
Show Notes for this episode: https://riverfrontappraisals.com/appraiser-bias-not-just-about-color/
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