Model Driven Valuation with the new UAD & Profet
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Model Driven Valuation with the new UAD & Profet
Let me try to make a case for what we call – Model Driven Valuation. For many years now the real estate appraisal industry has been grappling with numerous forms…
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Validating Highest and Best Use criteria in Comparable Selection
As stated in each article in this series, the sales comparison approach is only as good as the comparables used to arrive at the value for the subject property. One…
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Ensuring Objectivity and Eliminating Bias in Sales Comparison Approach
The core foundation of the sales comparison approach to real estate appraisals is the quality of the comparables used and adjustments made to those comparables to arrive at a value…
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Validating Adjustments: Comparable Analysis in Appraisal Reviews
There are many steps in the process of reviewing appraisals and our focus in this series of articles is the comparable analysis step to validate the sales comparison approach. This…
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Performing Comparable Analysis in Appraisal Reviews: Do we have the best comps?
The standards of real estate appraisal in the US includes 3 major methods for appraising the value of a real estate property – sales comparison approach, cost approach, and the…
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Prominent Nationwide AMC’s Data Test with PropMix Achieves 96% Hit Rate to Support Desktop Appraisals
INTRODUCTION One of the top nationwide Appraisal Management Companies (AMC) that processes over 30K valuations per month wanted to get ready for desktop appraisals with dependable coverage and consistent data.…
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