Making the most of social media is just one topic being discussed during PAR’s Spring Business Meetings May 23-25 at the Hilton in Harrisburg. All PAR members are invited to attend and registration is free.
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Making the most of social media is just one topic being discussed during PAR’s Spring Business Meetings May 23-25 at the Hilton in Harrisburg. All PAR members are invited to attend and registration is free.
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New standards for appraisals were recently announced by the Federal Housing Finance Agency (FHFA) and take effect September 1. The Uniform Appraisal Dataset (UAD) was created to improve the quality and consistency of appraisals on mortgages for Fannie Mae and Freddie Mac, according to FHFA.
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Appraiser trainees have until October 1 to complete their education, according to Dan Bradley, chair of the State Board of Certified Real Estate Appraisers.
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Appraiser assistants have until October 1 to complete 75 hours of education and apply to become an appraiser trainee if they want to continue working in the appraisal business, according to Dan Bradley, chair of the State Board of Certified Real Estate Appraisers.
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Michelle Bradley, chair of PAR’s AMC Task Force, said the primary component of the bill would require every AMC to be registered with the State Board of Certified Real Estate Appraisers.
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With more than 32 years in the real estate/appraisal business, Melanie McLane, a REALTOR® and appraiser, has seen a fair share of changes in the industry.
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Many REALTORS® think HVCC only affects appraisers but that’s not the case, according to Michelle Czekalski Bradley, PA Certified General Appraiser with Czekalski Real Estate Appraisal. HVCC has an effect on everyone industry-wide including REALTORS® because they’re part of the transaction.
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NAR is taking a close look at a new standard adopted by Fannie Mae/Freddie Mac that establishes standards for the solicitation, selection and compensation of appraisers. The Home Valuation Code of Conduct (HVCC), effective May 1, 2009, affects REALTORS®, appraisers, lenders, mortgage brokers and consumers and extends only to mortgages that are GSE-owned or...
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Imagine if all real estate transactions had to be referred to you by a company that pays less than half of your typical commission and requires the house to be sold in 48 hours. You may like the steady work or you may not like your paycheck being cut in half.
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Tuesday, Feb. 7, 2012
