BV Specialists

OCTOBER 7, 2024

Valuing a construction company involves many factors, including financial, operational, industry, and market considerations. The appraiser will review owners salaries and overall personnel compensation while making adjustments to normalize the data if necessary to bring it closer to competition in the industry.

Appraisal 86

Appraisal Compliance Marketability Equity 86

ISA

JANUARY 31, 2024

1/31/2024 12:00:00 AM Hiring an ISA personal property appraiser provides many benefits. There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitable donations, probate of an estate, or simply determining the value of your tangible assets.

Appraisal 98

Appraisal Fair Market Value Compliance Marketability 98

BV Specialists

MARCH 11, 2024

There is a misconception in the valuation industry, which some of our clients express their concern over, that their appraiser needs to be located in close proximity to where their company is situated. The underlying assets of the company will be taken into account, as well as the specific purpose and effective date of the appraisal.

Appraisal 93

Appraisal Marketability Business Valuation 93

BV Specialists

JULY 29, 2024

The fact is that an appraisal expert cannot focus a significant amount of time on any one industry if they want to maintain steady revenue and grow their business. Appraisers go where the opportunities take them, regardless of the industry in which their clients operate.

Appraisal 90

Appraisal Marketability 90

Appraisers Blog

DECEMBER 30, 2024

I have 668 appraisers in my county and within a few hours away there are a few thousand more. Some appraisal markets are a single county (as in my case / 3.5 million), where other appraisal markets might be multiple states. In reply to Maria. Seek the truth.

Appraisal 75

Appraisal Marketability 75

BV Specialists

OCTOBER 9, 2023

Like many professions, the appraisal industry is full of acronyms that only those well-versed in the lingo can identify at first glance. It is considered a universally accepted appraisal measurement and is also used in accounting circles. EBITDA considers a wide range of factors in business finances.

Appraisal 94

Appraisal EBITDA Business Valuation Banking 94

Appraisers Blog

DECEMBER 29, 2024

Appraising a 1200 sf house is not worth $2000. Take advantage of the homeowner because he chooses to travel 6 hours to do an appraisal. How does anyone really even know a market thats 3 hours away? This has become a discussion that borders on ridiculous. But if someone can gouge the client, go for it.

Appraisal 75

Appraisal Marketability 75

BV Specialists

DECEMBER 16, 2024

Unlike larger law firms, where the appraiser can rely on broader market data and diverse revenue streams, solo practices often require a more personalized and detailed approach. The local market for legal services and geographic location will play a role in determining value.

Appraisal 69

Appraisal Intangible Assets Marketability Technology 69

BV Specialists

SEPTEMBER 9, 2024

Otherwise, there would be a lot less demand for independent appraisal work. Most experienced appraisers rely on a significant portion of their business to come from these types of projects where disputes arise. Here are a few examples: Partner Buyouts One of the most common types of disputes. It’s rather sad that this is the reality.

Appraisal 90

Appraisal Banking Marketability 90

BV Specialists

OCTOBER 23, 2023

In the valuation world, appraisers are asked to opine on value based on the variables pertinent to the overall transaction in consideration. The end result is a well-thought-out estimate of value considering the market information they research and the internal data they are provided with to analyze.

Marketability 90

Marketability Appraisal Business Valuation 90

Appraisers Blog

MAY 8, 2024

Here in Colorado, VA allegedly had a ‘shortage’ of appraisers from 2015 through 2022. Their answer was to hire new (incompetent) appraisers, and then pressure the older and seasoned appraisers to cover the rural areas and different counties they might not cover or be geographically competent in. Interesting.

Appraisal 79

Appraisal Marketability 79

Appraisers Blog

JULY 9, 2024

In a way all appraisers are economists. We study mostly micro markets to estimate a value for a single unit in a market. Because we understand markets it should come as no surprise that due to the economy of scale, the big fish have advantages that they leveraged to the independent appraiser’s detriment.

Appraisal 75

Appraisal Marketability 75

Appraisers Blog

AUGUST 31, 2024

They discovered that not only could they continue to control the entire loan process start to finish, but could be very profitable and market to other users in need of an AMC. A lot of starving appraisers were forced to take these fees due to the slowing market. I can name two here in CO that did exactly that.

Appraisal 74

Appraisal Compliance Start-ups Marketability 74

Appraisers Blog

AUGUST 2, 2024

The appraisers involved had many competency issues. Too bad the home owners were denied access to three out of four ethical appraisers, whom refuse to work with amc’s because of the discount compensation and unethical business dealings so common with the amc companies. Your tax dollars hard at work.

Appraisal 75

Appraisal Marketability 75

Appraisers Blog

AUGUST 31, 2024

Their lack of oversight allowed workarounds and market capture in more than just the valuation space too, they used the surplus funds taken from the appraisal industry to enter into several other industries related to mortgage lending as well. Appraisers were waiting in line to sign up and were really inspired by the concept.

Appraisal 71

Appraisal Compliance Marketability 71

Appraisers Blog

NOVEMBER 20, 2023

Terrence, back in 2004, I decided to terminate my lender clients to concentrate on seeking non lender clients, such as legal firms, large accounting and property management firms in my market area. My appraisal income took a hit for 3-4 years. But, I re-established my client base.

Appraisal 75

Appraisal Marketability 75

Appraiser Newsroom

JULY 3, 2024

By Mike Pratt ASA, IFA, Chair, RP-NAIFA Discipline Committee Editor’s Note: In today’s rapidly evolving real estate landscape, the importance of staying informed and connected within the appraisal industry has never been greater. ASA was established in 1936 and is the oldest and largest multidisciplinary appraiser organization globally.

Appraisal 105

Appraisal Technology Marketability Equity 105

Chris Curtain

AUGUST 21, 2022

Why should I have my business appraised? Business Valuation Methods Seeking an appraisal of your small business’ market worth is beneficial for a variety of reasons — regardless of whether or not you plan to sell your company or transfer it to family. Knowing the true value of a small business helps ensure that you, […].

Business Valuation 130

Business Valuation Appraisal Marketability 130

Appraisers Blog

MAY 7, 2024

There will be no middle man/women between FNMA and a loan product, no UW, no LO, no Realtors and sadly no Appraiser’s. One self contained entity that would have the power to raise and lower markets with potential for fraud.

Appraisal 78

Appraisal Marketability 78

BV Specialists

DECEMBER 30, 2024

There are many reasons why now is a good time to get your small business appraised. With a current appraisal in hand, youre equipped to make more informed and strategic decisions. With a current appraisal in hand, youre equipped to make more informed and strategic decisions. Business appraisals are a powerful benchmarking tool.

Business Valuation 93

Business Valuation Appraisal Finance Marketability 93

Appraisers Blog

JULY 24, 2024

Clearly the author of the HW article does not comprehend that appraisals are not meant, in any possible way, to meet contract price. Appraisals are necessary to determine “market value” which may be at, above or below contract price. Why is that type of garbage “journalism” allowed?

Appraisal 54

Appraisal Marketability 54

IVSC

MAY 17, 2024

Presented by the International Valuation Standards Council (IVSC) and the Institute of Valuers and Appraisers, Singapore (IVAS), this webinar explores the intricate domain of intangible asset valuation. He is also a Chartered Valuer and Appraiser in Singapore.

Intangible Assets 130

Intangible Assets Business Valuation Appraisal Finance 130

BV Specialists

DECEMBER 2, 2024

Bitcoin mining businesses have gained popularity due to the rise of cryptocurrencies and, therefore, operate in a volatile, tech-driven environment, which will create unique challenges for a certified appraisal professional. As a result, a separate tangible asset appraisal should be conducted along with the overall business valuation.

Appraisal 106

Appraisal Business Valuation Technology Marketability 106

Appraisers Blog

MARCH 7, 2024

Unfortunately, supported or not, the GSEs have concluded that in many market segments, the implemented data collection and automated valuation processes are more reliable to assist in the mortgage lending risk decision than appraiser submitted appraisal reports. Sad, very sad… We have to do better!

Appraisal 55

Appraisal Marketability 55

Viking Mergers

MARCH 25, 2022

6 Marketing. Marketing is an essential step in selling a business, and maintaining confidentiality throughout the marketing process is critical. Understand how and where your business will be marketed, and help your business broker/advisor by providing some key strategic targets to engage with or to avoid.

Business Valuation 245

Business Valuation Marketability EBITDA Finance 245

Appraisers Blog

JULY 24, 2024

In reply to Frustrated Appraiser. We and appraisals don’t “determine” market value. Courts and the market “determine” We develop opinions of value.

Appraisal 55

Appraisal Marketability 55

Appraisers Blog

OCTOBER 4, 2024

With rates dropping appraisers have the power to hold the housing market by the throat. The difference between dock workers and appraisers off course being that dock workers have billiards. Dock workers lost 2 days work to reap a 66% pay increase!

Appraisal 56

Appraisal Marketability 56

Appraisers Blog

SEPTEMBER 30, 2023

Relying on lender work and assignments tied to the purchase and sale of real property is cyclical and the level of appraisal work is too low to make a living. They need people that understand the market, planning and entitlements, etc. Tax agents handling tax assessment appeals use the same skills as appraisers.

Appraisal 76

Appraisal Marketability 76

Appraisers Blog

JULY 24, 2024

paragraph, but not coming up to the contract price when you have accounted for market trends through timing adjustments isn’t a deficiency in the appraisal. Lets be honest, its the job of cash in the hands of buyers that want something more than they care about market value that often push the market to new heights.

Appraisal 55

Appraisal Marketability 55

Appraisers Blog

MARCH 8, 2024

Housing Market?’ Half of the progressive politicians are slamming appraisers for supposedly repressing their home values. The use of waivers, the already excessively high demins thresh hold, has already led to massive over valuation of our entire housing markets. Appraisal Modernization! Things are happening.

Appraisal 56

Appraisal Marketability 56

Appraisers Blog

JULY 24, 2024

Did they just admit their own review process and vetting of appraisers is deficient? On the appraiser sign up page. Remember when amc’s were to be required to refer to open market fee surveys? The appraiser is prohibited from being honest with borrowers about the appraisers own fee. link] [link] There it is.

Appraisal 54

Appraisal Marketability 54

Appraisers Blog

AUGUST 2, 2024

How many appraisers do you know? Keep in mind when we perform appraisals that it is for fair market value which has a long list of what this definition includes. They get to basically say “trust us, it’s proprietary” and nobody can see if the algorithm is violating fair lending rules or even follows basic appraisal theory.

Appraisal 54

Appraisal Fair Market Value Marketability 54

Appraisers Blog

APRIL 19, 2024

There is no room for bias, when all a valuator does is interpret and report on other peoples decisions, or some form of tangible items most likely and most probable worth in a specific market setting, solicited under specific terms. The three forms of value; value in use, value in market, value in income. Appraisers are not biased.

Appraisal 58

Appraisal Marketability 58

Appraisers Blog

MAY 8, 2024

Bear in mind my single SFR dwelling reports are now over 50 pages long to accommodate 30 of them with nothing to do with value or marketability, but an entire report was rejected because of a painting on the wall the client wanted removed with no explanation. In reply to And the nightmare gets worse. I swear this happened recently.

Appraisal 79

Appraisal Marketability 79

Appraisers Blog

JANUARY 22, 2024

I blame this on the pervasive false narrative of the “racist appraiser.” ” Because of all those false media articles all appraisers are now assumed “racist” before they even accept an appraisal assignment. ” The thing is a reviewer probably would have caught the over market value. .”

Appraisal 55

Appraisal Marketability 55

Appraisers Blog

APRIL 22, 2024

‘The appraiser stumbling block.’ ’ The appraisers new defacto descriptive of job duties; Interpreters of other peoples bias in real estate markets. Is it me or has every single effort related to ‘appraisal modernization’ actually brought more bias into the process than it has sought to eliminate?

Appraisal 57

Appraisal Marketability Technology 57

Appraisers Blog

MARCH 7, 2024

As you spell out, the appraisal modernization systems are really untested, markets always change and these new systems will likely get a stress test relatively soon, I am holding my breath. This is an excellent peice, very thoughtul and well written! Thank you for sharing It raises a lot of questions which will likely go on deaf ears.

Appraisal 55

Appraisal Marketability 55