Tag Archives: appraisal

Landmark study confirms troubling ‘appraisal gap’ in minority enclaves

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Mortgage giant Freddie Mac’s analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias. Continue reading →

Automation comes to appraisal management

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Whether they’re assigning work to commercial appraisal firms or individual appraisers, lenders can now automate more of the process, eliminating manual tasks and gaining increased transparency with real-time monitoring, status-driven alerts and a detai… Continue reading →

Is a CMA an appraisal? Contrary to popular belief — it is

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The current widespread misuse of the word “appraisal” may not uproot long-established mores, but everyone should raise their antenna a bit if they’re attempting to suggest a CMA is not an appraisal. Continue reading →

How to take advantage of the backup offer on both sides of the transaction

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Agents told Inman that they typically only see a small proportion of backup offers become primary offers, but the tactic can still prove beneficial for both seller and backup buyer. Continue reading →

Woman files complaint alleging discrimination in home appraisals

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The valuations of an Indianapolis property owned by Carlette Duffy’s, a Black woman, more than doubled when she removed anything from her home identifying her race. Continue reading →

The Inman Handbook on how to juggle multiple offers

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With some agents seeing upwards of 20 or more offers on their listings in today’s market, the process can quickly become overwhelming for everyone involved. Here’s how to sift through what’s important and help sellers make the best decision. Continue reading →

Cash offer startup Ribbon launches appraisal protection service

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The company will now cover the difference for under-appraised homes purchased through its RibbonCash Offers service in all five of its markets. Continue reading →

Zestimates can’t keep up with wild housing market, agents say

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Four agents from around the country talk about the widening gap between Zestimates and MLS home value data as inventory shortages push prices to new highs. Continue reading →

Inman Handbook on comps in these chaotic times

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Agents’ expertise has long relied on studying and understanding sales patterns in their markets. But with little inventory and soaring prices, patterns are hard to find. Continue reading →

How to protect your buyers from appraisal catastrophes

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With multiple offers being the order of the day, buyers are overbidding to outgun their competitors. What happens if an appraisal comes back low? Here are a few important steps to take before writing an over-ask offer. Continue reading →