Posts Tagged: appraisal management companies

Valuation Management Group Discusses Uniform Standards of Professional Appraisal Practice and Value Approaches

Posted by & filed under Blog.

Occasionally, Valuation Management Group will receive an inquiry about the approaches to value and when they are or are not applicable. As most industry participants know, there are three typical approaches to value in an appraisal report:  Cost Approach, Sales Comparison Approach, and Income Approach, summarized as follows: Cost Approach – The current cost of… Read more »

Valuation Management Group Discusses Appraiser Technology Tips

Posted by & filed under Blog.

The real estate market can be demanding for appraisers. As one of the top appraisal management companies working with skilled appraisers, Valuation Management Group would like to help you to get the most efficiency out of your day. Below are some appraisal tools and ideas that might help you streamline your work day: Smartphones allow… Read more »

Valuation Management Group Discusses Appraiser Critical Thinking – Does it Make Sense? Part 2

Posted by & filed under Blog.

One very important service Valuation Management Group provides its client partners is the review of residential and commercial appraisals prepared by independent appraisers. Appraisers must apply critical thinking in the writing of the report and VMG review appraisers must do the same during the review process. Applying critical thinking and asking the question “Does it… Read more »

Valuation Management Group Discusses Appraiser Critical Thinking – Does it Make Sense? Part 1

Posted by & filed under Blog.

One very important service Valuation Management Group provides its client partners is the review of residential and commercial appraisals prepared by independent appraisers. Appraisers must apply critical thinking in the writing of the report and VMG review appraisers must do the same during the review process. Applying critical thinking and asking the question “Does it… Read more »

Valuation Management Group Discusses Properties with Highest & Best Use Issues

Posted by & filed under Blog.

Valuation Management Group (VMG) often receives appraisal orders for properties that are located within transitioning markets, where commercial development is sprawling into residential areas. Whether the subject property is land or an existing residential structure, the appraisal concept of HBU determination becomes crucial in this type of valuation. Highest and best use (HBU) is defined… Read more »

Valuation Management Group Discusses Property Rights

Posted by & filed under Blog.

Valuation Management Group often receives questions from clients about values that are reported as having either leased fee or fee simple property rights. These questions can come up during the ordering of appraisal services or during the appraisal report review process.  What is the difference between these two technical terms? Quite simply, fee simple property… Read more »

Young Adults Interested In Real Estate

Posted by & filed under Blog.

As the President of Valuation Management Group, I have had the opportunity to speak to many different audiences in my 24 year real estate appraisal career. I recently had the opportunity to share my experience and thoughts about the appraisal industry with a unique group of young adults. The audience was high school seniors at… Read more »

Fannie Mae Second Webinar Maximum Capacity Attendance

Posted by & filed under Blog.

Valuation Management Group co hosted with Fannie Mae a second webinar; Fannie Mae Update, Collateral Polity and Technology Guidance for Appraisers. Julie Jones and Jeremy Staudenmaier, credit risk analysts for Fannie Mae were the presenters. They successfully achieved the goal for residential real estate appraisers to obtain a better understanding of Fannie Mae’s mission, to… Read more »

Valuation Management Group’s Appraisal Appeal Suggestions

Posted by & filed under Blog.

Valuation Management Group strives to keep its clients and appraisers informed about best practices in the real estate appraisal arena. An often asked question is, “What is the best way to handle a request for appraisal reconsideration or appraisal appeal?” Best practice begins with putting the request in writing. VMG utilizes a form titled Request… Read more »

Valuation Management Group to Co-Host Fannie Mae Webinar

Posted by & filed under Blog.

Valuation Management Group is proud to announce we will be co-hosting a Fannie Mae Webinar for appraisers about Collateral Underwriter. The goal of the webinar is for appraisers to gain a better understanding of Fannie Mae’s mission, to dispel common appraisal myths and to improve communication. Julie Jones and Jeremy Staudenmaier, Fannie Mae Credit Risk… Read more »