By Peter C “Hybrid appraisals” — which provide a desktop value opinion from a licensed/certified appraiser relying on a physical inspection of the property by a third party such as an agent or inspector — are being marketed by AMCs and technology companies as a big part of the future of residential real estate valuation.  Examples of these products include Accurate Group’s ValueNet and HouseCanary’s

Via:: “Hybrid Appraisals” – Speaking about the Liability Risk to Appraisers and Others at Appraisal Foundation Joint Council Meeting

      

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Written by : Peter Christensen

Peter Christensen is an attorney. He’s a member of the California, Washington, and Montana state bars. His law practice is dedicated to valuation issues. He’s the author of Risk Management for Real Estate Appraisers and Appraisal Firms, published by the Appraisal Institute. He has taught hundreds of appraiser legal and liability prevention seminars around the country.

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