In an episode for seasoned appraisal professionals and the merely curious, join October Research Chief Knowledge Officer Mary Schuster and Valuation Review Editor Mike Holzheimer as they shared hosting duties and interviewed Margaret Nelson-Quin, owner of Phoenix Appraisal Network. They explored the purpose of appraisals, the impact of emerging technology within the appraisal industry, and the multitude of changes in the Practical Applications of Real Estate Appraisal (PAREA) model. The various challenges presented by tighter lending thresholds, zoning changes, and broker compensation also made for hot topics of conversation, and a perfect segue into discussion about the need for appraisers to be adaptable and maintain strong relationships with other stakeholders in the real estate ecosystem to be successful.

Chapters:

0:00 Introduction and Purpose of Appraisals

2:25 The Impact of Technology on the Appraisal Industry

3:23 The Practical Applications of Real Estate Appraisal (PAREA) Model

6:25 Artificial Intelligence in Appraisals

10:32 Challenges with Tighter Lending Thresholds, Zoning Changes, and Broker Compensation

Get In Touch…

Margaret Nelson-Quin, owner of Phoenix Appraisal Network (Guest), margaret@phoenixappraisal.org

Mike Holzheimer, Editor of Valuation Review (Guest), mholzheimer@octoberresearch.com

Mary Schuster (Host), mschuster@octoberresearch.com

To find more episodes of “Keys to Real Estate” or learn more about October Research – the nation’s leading independent provider of market intelligence, industry news, expert analysis and regulatory information for professionals in the real estate, title, financial and settlement services industries – visit www.OctoberResearch.com.

Episode sponsored by RamQuest – https://www.RamQuest.com

Episode produced by October Research – https://www.octoberresearch.com