What Is A Hybrid Appraisal
A hybrid appraisal is a real estate valuation approach that combines aspects of both traditional appraisals and automated valuation models (AVMs). In a hybrid appraisal, a third party inspector typically conducts an full interior and/or exterior inspection of the property to assess its condition and surroundings. They then use digital tools and data sources, such […]
The Quick Real Estate Valuation Glossary
A lot of lingo is thrown around in the real estate and financial markets that can sometimes be confusing. And our team of experts is here to help share their knowledge. We’ve compiled a glossary of real estate valuation terms that are important for lenders, fiduciaries, attorneys, and property owners who are trying to understand […]
Meet Katie Grosek – Your Commercial Review Manager
We’d like to introduce you to Katie Grosek, the dynamic force behind our commercial review process. As the Commercial Review Manager for Akrivis, Katie plays a pivotal role in ensuring that every aspect of our commercial valuations meets the highest standards in commercial property assessment. Get ready to meet the professional who plays a key […]
6 Reasons Why Human Real Estate Evaluations Are Superior to AVMs
In the digital era, Automated Value Models (AVMs) have gained popularity for providing quick and automated real estate evaluations. However, when it comes to accurately valuing properties, human real estate evaluations continue to offer distinct advantages over AVMs. In this blog post, we will explore six reasons why human evaluations are superior to AVMs. We […]
Meet Kloe Toppins – Your Real Estate Evaluation Analyst
Introducing Kloe Toppins, your dedicated real estate evaluation analyst who brings a wealth of expertise to the dynamic world of property assessment! With a keen eye for market trends and a commitment to delivering accurate and insightful evaluations, Kloe stands as a reliable guide in navigating the intricacies of real estate valuation. In this blog, […]
Modern Appraisal Methods: How the Game is Changing
In the dynamic landscape of real estate, the traditional methods of property appraisals are undergoing a significant transformation. This appraisal evolution is driven by the integration of cutting-edge technologies such as machine learning algorithms, artificial intelligence, and automated valuation models (AVMs). Let’s look at how appraisal modernization has evolved from on-site visits to today’s technology-driven […]
Mastering Real Asset Compliance: A Comprehensive Guide for Trusts and Estates
Most Trustees will have an appraisal performed to update a client’s property value and make an informed decision to either hold or sell the asset. To comply with the Office of the Comptroller of the Currency-recommended triennial valuations, date of death and disbursement, or gifting, appraisals are typically requested through an approved list or an […]
What is a Reconsideration of Value (ROV)?
When it comes to real estate transactions, a lot rides on the value of a property. Whether you’re a buyer, seller, or mortgage lender, understanding the true value of a property is paramount. What happens when you believe the appraisal of a property is inaccurate or unfair? This is where a Reconsideration of Value (ROV) […]
Retrospective Appraisal: What You Need to Know
When it comes to valuing real estate, we often think about the current market conditions and the potential for future appreciation. However, there are times when understanding the historical value of a property becomes just as important. This is where a retrospective appraisal comes into play. In this blog post, we’ll explore what a retrospective […]
A Quick Guide to Property Data Reports
With the modernization of the appraisal process there was been a lot of buzz about the Freddie Mac Property Data Reports. We understand navigating these developments can be confusing, so we’re here to help. This blog post will explain what property data reports are, why they’re helpful, and what information they contain. Let’s dive in! […]