OREP/WRE – 2017 Fee Survey Results

2017 Fee Survey Results Please click on your state to download the Customary and Reasonable survey results. If the PDF for your state doesn’t open, please make sure you have the latest version of Adobe Reader. Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine… Read More

Appraisers – AVMS To Finally Replace Appraisers?

  AVMs to Finally Replace Appraisers? By Isaac Peck, Editor Since the 1990s, there have been those in the appraisal industry who’ve warned that appraisers would soon be replaced by automated valuation models (AVMs). Rapid technological innovation would quickly render the appraisal profession obsolete and properties would be appraised by computer algorithms combined with “big… Read More

To Agents with Love (from Appraisers)

Editor’s Note: Here are a few helpful tips on how to facilitate the real estate purchase process, from appraisers to real estate agents/brokers (with love). Comments were gathered from an online thread.

To Agents with Love (from Appraisers)

  • The quality of our work improves when we have more information. The more information agents can give… Read More

“Low Bid” Appraisal Ordering and Its Effect on Quality

“Low Bid” Appraisal Ordering and Its Effect on Quality

by Isaac Peck, Associate Editor   Any appraiser who has worked with Appraisal Management Companies (AMCs) is likely familiar with the “order by email-blast” system that some AMCs rely on to fill orders. The process goes like this: an AMC sends an email blast to all appraisers within a… Read More

Real Estate Appraiser Insurance

Real Estate Appraiser Insurance OREP – Organization of Real Estate Professionals, is a leading provider of Appraisers Errors & Omissions Insurance for real estate appraisers. In addition to the lowest rates and broadest coverage, that is customized for real estate appraisers to fit their individual appraising needs, OREP provides timely information to help appraisers limit… Read More