Editor’s Note: According to long-time appraiser Barry Lebow, attending open houses is a great way for appraisers and inspectors to add clients, attract new business and become better professionals. Benefits of an Open House By Barry Lebow With the market slowing down, appraisers are looking for ways to drum up business. I have found first...…
Read More
Editors Note: Client complaints are a fact of life for home inspectors. But complaints do not have to turn into lawsuits. In fact, if handled properly, complaints are actually a golden opportunity. Here is the first in an ongoing series of risk management strategies from Alan Carson designed to help inspectors insulate themselves from liability....…
Read More
Background
The Uniform Standards of Professional Appraisal Practice (USPAP) has been at the center of a tug of war for some time. On one side is the Appraisal Qualifications Board (AQB) of the Appraisal Foundation, which wants ultimate control over USPAP course materials and providers. On the other side are the states, which like to make…
Read More
A move is underfoot to change the appraisal regulatory system. The first shot across the bow was fired by the Georgia Board, which is calling for the elimination of the Appraisal Subcommittee (ASC), among other things, and a shift from federal control to the states. Two respected appraisers, Frank Gregoire and George Hatch, take a…
Read More
“If men were virtuous, there would be no need of government at all.” Thomas Jefferson 2006: Cleaning Up the Lending Mess By Stewart Heller The following is a summary of notes taken from the official audio recording of the sworn testimony of a chief appraiser of a major mortgage lender. The chief appraiser appeared before...…
Read More
Bye, Bye ASC? Appraisal Subcommittee Under Fire Is it Time to Start Over? You may already know that late last year the Georgia Appraisal Board, in a letter to Sen. Zell Miller, (D-Ga.), called for broad changes to the appraisal regulatory structure, including sun setting the Appraisal Subcommittee (ASC). What you may not know is...…
Read More
What is Working RE? Hello and thanks for reading Working RE. This is David Brauner, former editor of the Communicator magazine. Working RE (Working Real Estate) is a new independent industry publication designed to help you build your business, reduce your risk of liability and stay informed on important industry and technology issues. Our promise…
Read More
Industry News HVCC Update At press time, no changes have been announced regarding the landmark HVCC (Home Valuation Code of Conduct) provision in the Fannie-Cuomo agreement, despite the outcry from thousands of appraisers who believe it will put them out of business- except that the agreement date has pushed back one-three months from the original…
Read More
Editor’s Note: The following questions are from OREP insureds and inspectors nationwide. The answers, provided by David Brauner, Senior Broker at OREP, may be helpful when shopping for your E&O insurance. If you have specific questions about your coverage, ask your agent. Inspectors Errors and Omissions Insurance Q&A By David Brauner, Senior Broker at OREP.org…
Read More
There are many avenues available to professional appraisers and inspectors to get the message of their services out to the public and real estate communities. The following is a brief “in-a-nutshell” summary of the things you should be considering to help your business survive and thrive.
Read More
