Appraiser Assistant Archives

The Evolving Language of Appraisal Reporting

John Manfred2024-02-16T09:33:11-05:00March 16th, 2024|Categories: Appraisal, Appraiser Assistant|Tags: Compliance in Appraisal Reports, Language of Appraisal Reporting, Objectivity and non-bias|

The real estate appraisal industry, much like the rest of the world, is in a constant state of evolution. One of the less discussed, yet crucially important, aspects of this change pertains to the language of appraisal reporting. It's essential for appraisers to refine their reporting language to meet the ever-stringent standards of objectivity and non-bias. The language used in appraisal reports is a reflection of the appraiser's knowledge, experience and professionalism. It's also an important tool for communicating with clients, lenders and other stakeholders. As such, it's important to understand how the language of appraisal reports has evolved over [...]

Up Your Game As A Real Estate Appraiser

John Manfred2024-02-09T08:00:22-05:00January 17th, 2024|Categories: Appraisal, Appraiser Assistant, Approved Continuing Education, Membership|Tags: Appraiser Continuing Education, Manfred Membership|

Sharpen your real estate appraiser skills like never before and welcome the new year with unparalleled know-how and insight. With New York State requiring a generous 28 hours of Continuing Education (CE) for Real Estate Appraisers, including everyone's favorites - the 7 hour USPAP Update and Fair Housing and Fair Lending topics, it's time to step up your game. Behold, Manfred Real Estate Learning Center! Manfred Real Estate Learning Center is the premier provider of real estate appraiser education in New York State. We offer a wide range of courses that will help you meet your CE requirements. Our instructors [...]

Exploring GSE Requirements for Desktop Appraisals

John Manfred2024-02-08T21:11:39-05:00May 1st, 2023|Categories: Appraisal, Appraiser Assistant, Approved Continuing Education, Continuing Education, Real Estate Broker|Tags: Appraisal Business, Florida Appraiser, New York Appraiser, Real Estate Broker|

The desktop appraisal process has become increasingly important to the real estate appraising industry. As such, it is essential that all appraisers understand how to properly comply with GSE requirements when conducting a desktop appraisal. Exploring GSE requirements for desktop appraisals will cover the various requirements and steps you need to take to ensure compliance. Definition of a Desktop Appraisal A desktop appraisal is an appraisal report that is prepared using data from third-party sources without any physical inspection of the subject property. This type of appraisal is typically used for low value properties. For example manufactured homes and small [...]

Real Estate Agent’s Guide to Handling Difficult Clients

John Manfred2023-08-02T15:11:51-04:00March 15th, 2023|Categories: Advance Your Career, Appraisal, Appraiser Assistant, Florida Real Estate, Home Inspection, Real Estate Broker, Real Estate Business Tools|Tags: Florida Appraiser, Florida Real Estate, Home Inspector Business, New York Appraiser, New York Real Estate, real estate agent, Real Estate Broker|

The most successful real estate professionals are the ones who can thrive despite facing challenges from challenging clients. However, an agent's answer to a demanding client requires strategic planning and sensitivity. Excellent agents and brokers can quickly figure out the issues and make sound, forward-thinking judgments. Customers, whether difficult or not, are not all the same. This is why there has to be a plan in place for agents to detect and handle customer problems quickly. We've created this real estate agent's guide to handling difficult clients to get you started. Understand Difficult Clients Continuous learning is key to becoming a [...]

How to Properly Determine Homeowners Insurance

John Manfred2024-02-08T21:01:31-05:00March 1st, 2023|Categories: Appraisal, Appraiser Assistant, Continuing Education, Real Estate, Real Estate Broker|Tags: Appraisal Business, Florida Real Estate, New York Real Estate, Real Estate Broker|

As real estate professionals, it is essential to determine the proper homeowners insurance coverage for our clients. Not only must we make sure that our clients are adequately protected in the event of a disaster, but we must also ensure that they are not overpaying for coverage they don’t need or underpaying for coverage they do. So how can we know that we have recommended the correct insurance policy and amount of coverage? Let's take a look at what you need to consider when how to properly determine homeowners insurance. Types of Insurance Policies The first step when determining homeowners [...]

6 Tips for Setting Career Goals as Real Estate Pro!

John Manfred2024-02-08T17:01:19-05:00February 15th, 2023|Categories: Advance Your Career, Appraiser Assistant, Commercial Real Estate, Florida Real Estate, Home Inspection, Real Estate, Real Estate Broker, Real Estate Business Tools, Real Estate Salesperson|Tags: Florida Real Estate, Home Inspector Business, New York Real Estate, real estate agent, Real Estate Broker|

As a real estate pro, creating a goal-setting tactic can be daunting. There are so many directions you could go in, and it can be hard to know where to focus your efforts and what will make you stand out. However, setting clear and achievable goals is crucial for success in any profession, and real estate is no exception. So, no matter if you're just starting or you've been in the business for a while, it's essential to have a clear vision of where you want to go and what you want to achieve. To help you, we created an [...]

How to Select Good Comparables for Appraisals

John Manfred2024-02-08T16:59:13-05:00February 1st, 2023|Categories: Appraisal, Appraiser Assistant, Approved Continuing Education, Florida Real Estate, Real Estate Broker, Real Estate Business Tools|Tags: Florida Appraiser, Florida Real Estate, New York Appraiser, New York Real Estate, Real Estate Broker, Real Estate Business Tools|

Real estate appraisers must consider many factors when determining a property's worth. One of the key components is selecting comparable properties. This process can be tricky. As there are many factors to consider and it requires more than just finding homes with similar square footage. Let’s look at some of the criteria for how to select good comparables for appraisals. What is a Comparable? A comparable is a property that has recently sold in the same market as the one being evaluated. The more similar the comparable is to the subject property, both in terms of location and physical attributes, [...]

The Ethical Agent Always Wins

John Manfred2024-01-14T09:35:05-05:00November 12th, 2021|Categories: Appraisal, Appraiser Assistant, Approved Continuing Education, Broker, Commercial Real Estate, Continuing Education, Florida Real Estate, Mlo, New Jersey Real Estate, Real Estate, Real Estate Broker, Real Estate Business Tools, Real Estate Salesperson, Real Estate Scams|Tags: New Real Estate Agent, New York Appraiser|

In the dynamic drama of the real estate realm, the character of an Ethical Agent often shines the brightest, outperforming others with their torch of integrity and resilience. Two perennial themes that color this character's journey - ethics and fair housing - often steer the course of the Agent's professional saga. Yet the Ethical Agent stands undeterred, honoring the mantra: The Ethical Agent Always Wins! Unraveling the essence of ethical behavior, we unearth a simple conjecture. Connected as closely to the philosophical arena as to commonplace conduct, ethics essentially means doing the right thing, however challenging that may be. It's [...]

Opportunities in the Appraisal Industry

John Manfred2021-08-26T19:44:59-04:00June 15th, 2021|Categories: Appraisal, Appraiser Assistant|

It’s a good time to become a real estate appraiser! For a variety of reasons. Trained and certified appraisers are in higher demand than ever before. According to the Appraisal Institute. The number of licensed professional appraisers in the U.S. has declined each year for at least the past five years. Many professionals currently in the business are nearing retirement age. Which signals an even greater need for new blood. In turn, means more opportunities in the appraisal industry. Additionally, some real estate appraisers have left the “field” for in-house appraisal positions in banks and appraisal management companies. Some have stopped [...]

Consider Becoming a Real Estate Appraiser

John Manfred2024-01-10T15:52:31-05:00August 19th, 2020|Categories: Appraisal, Appraiser Assistant|Tags: Appraiser Continuing Education|

Ever consider becoming a real estate appraiser or wonder where to start? What is a Real Estate appraiser assistant and where could it lead? Firstly, the appraiser assistant usually works with a supervisory appraiser or a team of appraisers. These assistants generally work in an office setting. Some travel may be possible depending on the employer and position. Moreover, typical employers for real estate appraiser assistants include real estate appraisal companies, realtors and banks. While many appraisers enjoy the benefits of an independent contractor. For example, positions with but not limited to, firms such as appraisal companies, financial institutions, private [...]