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How important is Appraisal to the Real Estate business?

Unless you are a complete idiot or have just never had anything to do with real estate what so ever, you know the answer to this question. It is in every professional licensed real estate persons best interest to have a good working knowledge of the process. It is hard to do a COMP (e.g. a competitive marker analysis) without some of an appraisers knowledge. Therefore cutting the quality of service you provide to your clients and customers more than in half. Get to know more about real estate appraisal by exploring the links on this page. You and your clients will appreciate it.

 

 


The Fraud of Appraisal Regulation
 by Larry S. Levy
 ~ Guest Editorial ~

Let us be clear before getting too deeply into this subject. The bread and butter of the real estate appraisal industry are provided by the financial services sector. No other class of clientele comes close, and most appraisers know no other source of business. Given that so many are so dependent on lenders as their source of work, they are quite subject to that outside influence over their standards of practice, even if they don’t see it themselves. Any class of business as powerful as the financial services industry would be foolish not to recognize, and not employ such an opportunity to advance their own interests.....

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