Blog


Who Does the Broker Represent?

Who Does the Broker Represent?

  Don’t be Afraid to Sign the Agency Disclosure   The Scenario:  Buyers see a house they like and call the listing agent shown on the sign out front to arrange to see the house.  While at the house, the buyers tell the listing agent that their motivations, timeline,...

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Appraisal Experience Online?

Appraisal Experience Online?

Will an appraisal trainee be able to get their required appraisal hours using an online virtual experience?  Yes, according to the Appraiser Qualifications Board (“AQB”) and their Practical Applications of Real Estate Appraisal (“PAREA”) initiative.   At the September...

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AQB Public Meeting in Raleigh on September 28th

AQB Public Meeting in Raleigh on September 28th

The Appraiser Qualifications Board's (AQB) meeting location rotates around the country. This is a rare opportunity to attend an AQB meeting here in our home state. Historically, the AQB has accepted comments from audience members who ask to speak. The Appraiser...

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Fannie Mae’s 1004MC: A Thing of the Past?

Fannie Mae’s 1004MC: A Thing of the Past?

This past weekend, Fannie Mae announced at the Appraisal Institute’s Annual Conference that it would be updating its Selling Guide with a number of changes. The most significant change appears to be the removal of the 1004MC requirement in 1-4 unit residential...

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New North Carolina Appraisal Board Members

New North Carolina Appraisal Board Members

  New members of the North Carolina Appraisal Board are expected to be sworn in soon. Governor Roy Cooper is expected to appoint: Mike Warren of Carteret County.  Mr. Warren is a certified appraiser. Viviree Scotton of Orange County.  Ms. Scotton is a certified...

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Learning from the experts

Learning from the experts

  After one of our recent trainee series classes, we held an optional session and invited some Appraiser Supervisors to stop by to share some thoughts and answer questions from our trainees. It was a very successful event.   Supervisors described their appraisal...

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