The appraisal industry relies on an experienced group of professionals to properly determine the value of properties. It takes quite a bit of training for appraisers to become qualified enough to start evaluating homes and this article goes through the process it takes to get to that point. Classes In order to become an appraiser,…
Depending on the neighborhoods and subdivisions appraisers work out of, working on assignments can be a relatively simple process given the conformity of the properties and how many features and sizes they share. However, there are definitely other types of appraisal assignments which stand out from the norm and present new challenges to the appraiser…
The key to the appraisal process is for the appraiser to determine the value of the property that he or she is inspecting. One of the essential tasks that helps appraisers arrive at an appropriate value is the use of comparable sales, or comps, which are the prices of recently sold homes that are similar…
The appraisal process is essential for determining the value of homes on the market and provides much utility in the world of real estate. Sometimes however it can encounter some kinks and bumps in the road that can make everything feel less efficient and reliable overall, so it’s important to know what some of those…
The appraisal process is a large and complex industry, differing from state to state based on the guidelines and regulations specific to each locality. Trimavin is based in California for example so it’s important for our clients to understand the regulatory environment through which our company works out of. For trainees who are just starting…
The internet has upended how real estate is traditionally practiced in several ways, one of which is the rise of online listing aggregators like Zillow, Redfin and Purple Bricks. Since 2006, Zillow has taken real estate from the multiple listing service, or MLS, and brought it directly to the consumer, much to the chagrin of…
When performing appraisals, it’s important to be equipped with products that will get the job done right. There are numerous scenarios involving regulations, service requirements and the needs of clients which would entail the use of certain products that would fit with the given circumstances. Here is a list of the top real estate products…
