Kairos Appraisal

Multifamily Property Appraisals

The Challenges of Doing Multifamily Property Appraisals

By pwsadmin / November 11, 2021 /

Doing multifamily property appraisals can be very challenging because they aren’t done the same way as either single-family home or apartment building appraisals. In fact, a multifamily property appraisal is quite different from either. In part, this is because a multifamily property is most often used to produce income rather than as a place for…

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What COVID-19 Has Taught Us About Appraisals

What COVID-19 Has Taught Us About Appraisals

By pwsadmin / October 13, 2021 /

The entire housing market has seen a lot in the past 18 months or so, and the appraisal industry is no exception. With all that’s happened since the COVID-19 pandemic started, we can all safely say that we’ve learned quite a bit. So, now the question is, what have we learned about the appraisal industry…

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What AMCs Do and Don’t Do

What AMCs Do and Don’t Do in the Appraisal Process

By pwsadmin / September 3, 2021 /

Appraisal Management Companies (AMCs) are one of the newest additions to the real estate industry. AMCs were created from Dodd-Frank to separate mortgage brokers from appraisers, protect the market from inflated and/or biased values, and facilitate the entire appraisal process. In addition to managing the appraisal process, AMCs must also consider the perspectives and needs…

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Responsibility of appraisers

The Responsibility of Appraisers

By pwsadmin / September 1, 2021 /

As an AMC, we spend a lot of time talking and thinking about the responsibility of appraisers in the housing market and the vital role they play. We’re so grateful for the many incredible appraisers we work with daily and are always looking for ways to help our appraisers be more efficient and generally better…

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recruit more appraisers

How to Recruit More Appraisers to the Profession

By pwsadmin / August 1, 2021 /

It’s a song we’ve heard time and time again—we need more appraisers as more and more people are retiring and leaving the profession. The problem isn’t going to go away anytime soon—appraisers are getting older and older. According to these numbers from the Appraisal Institute, 70% of appraisers are over the age of 50! With…

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Appraisal Technology

Using Technology to Speed Up the Appraisal Process

By pwsadmin / July 5, 2021 /

One thing we’ve been talking about a lot this year is the fact that homeowners to lenders to buyers want to get a mortgage more quickly. It seems reasonable, too, given all of the advances in technology within the housing industry recently to utilize appraisal technology—especially during 2020. The Pandemic Has Changed Appraisals The housing…

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Home Appraisal Myths

Home Appraisal Myths – Busted!

By pwsadmin / July 1, 2021 /

No matter how many times you’ve been through the process, the prospect of a home appraisal can seem a little daunting. With the cobweb of people involved, it’s understandable that your clients may feel a little bit confused. So, to help everyone through the process, we’ve compiled a list of the top seven home appraisal…

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Things appraisers want sellers to know

5 Things Appraisers Want Sellers to Know

By pwsadmin / June 21, 2021 /

Wouldn’t it be so much easier if there was a blog filled with all of the things appraisers want sellers to know? Oh, we just wrote one? Guess you’re in luck! That’s right, we’re unveiling all the mysteries! (Well . . . maybe not all of them, then you wouldn’t need us if you knew…

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Appraisal

The Difference Between Sales Price and Appraisal Value

By pwsadmin / April 3, 2021 /

You may wonder why a home’s sales price and appraisal value sometimes don’t match up. Whether you’re buying a home or selling a home, it’s important to know how they can differ, especially in today’s hot housing market. Home Sales Price The housing market is, of course, influenced by the fluctuations of supply and demand.…

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Home Appraisal Reconsideration of Value

What is a Home Appraisal Reconsideration of Value (ROV)?

By pwsadmin / February 1, 2021 /

The real estate market has been moving at a breathtaking pace this year, and we’ve been seeing more home appraisal Reconsideration of Value (ROV) requests. That’s not unique to Kairos; many AMCs are seeing a substantial uptick in ROV requests. This is due to several interesting factors that are happening the market right now. While…

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