THE RAC LIBRARY:


Name of Article:

Topic:

The RAC Report
Bradford E. Charnas, SRA

Worldwide ERCR and Relocation Appraisers and Consultants (RAC) is proud to present The RAC Report, a survey of residential market conditions in major markets across the country. 

What Exactly Do Those Letters Stand For, Anyway?
Alvin "Chip" Wagner, SCRP, IFA

Many users of appraisals do not realize the education and training that a real estate appraiser must undergo just to become licensed or certified. Earning a professional designation exhibits a higher level of professionalism...but all designations are not equal. 

How the Relocation Appraisal Differs From Other Appraisals
Alvin "Chip" Wagner, SCRP, IFA

Wagner describes the essential differences between a relocation appraisal and a mortgage appraisal in areas such as reporting format, intended use, value definition, and comparables, among others. 
Destination Consulting
Robert E. Headrick, SRA, SCRP
Using the relocation appraiser as a consultant in transferee destinations.
Avoiding Valuation Pitfalls
Thomas G. Fryer, SCRP, SRA
Ten common valuation traps that affect appraisal accuracy are listed in this article, as well as how to avoid those traps. 
Applying Detective Skills Can Enhance Your Relocation Report Writing Skills
Thomas G. Fryer, SCRP, SRA
A little effort and basic detective skills used in preparing the ERC Residential Appraisal Report can reduce time-consuming callbacks. 
The Principle of Exception: Commentary On The Relocation Appraisal Assignment
Thomas G. Fryer, SCRP, SRA
Sometimes, with real estate transactions, things just happen. Fryer writes that if there ever were to be a new principle coined in relocation appraising, it would be the principle of exception. 
How to Prepare a Picture-Perfect Relocation Appraisal
Alvin "Chip" Wagner, CRP, IFA
This article will help the transferee understand the appraiser's role in the relocation process and aid the transferee in gathering the information necessary to complete the appraisal.
"Everything you wanted to know about EIFS (Exterior Insulation And Finish Systems)
But were afraid to ask!"

Dave Surette, SCRP
In a sentence, Everything you wanted to know about EIFS (Exterior Insulation And Finish Systems) But were afraid to ask!
Differences Between Mortgage vs. Relocation Appraisal Details the differences between the Mortgage vs. Relocation Appraisal from beginning to end.
The Myth of the Matchbook Appraisal
Bradford E. Charnas, SRA
This article dispells the myth that Appraisers "Know" the value of a home by the time they conclude their inspection.  It also discusses the differences between an ERC appraiasal and a "Bank" Appraisal.
Appraisers Must Identify the Client, Intended Use and Intended User of the Appraisal
Arnold M. Schwartz, SCRP
Talks about how and why Appraisers must identify the client, intended use, and intended user of the appraisal.
Appraising for the Group Move
Arnold M. Schwartz, SCRP
A group move involves a number of unique challenges to everyone involved, including the appraiser. The typical problems occurring with one relocation appraisal may be magnified many times, depending on the size of the group and the timing of the move.
Defining 'Normal' Marketing Time
W. Thomas Cryer, SCRP, SRA
Normal marketing time is different in different markets. Appraisers must analyze the market they're in to decide what is "normal."
How to Select a Relocation Appraiser
Jeffrey M. Barta, CRP
Discusses the methods of selecting a relocation Appraiser.
The Role of New Construction in the Relocation Appraisal
Jeffrey G. Otteau, SCRP, IFA
Talks about the role of new construction in the Relocation Appraisal.
Understanding the Buyer's Perspective
Jeffrey G. Otteau
This article details the buyers perspective and how to understand it.
The Appraiser as Consultant--Reviving a 'Lost Skill'
Robert E. Headrick, CRP, and Jeffrey M. Barta, CRP
Although destination appraisals have shortcomings, appraisers in the destination location can serve an important role in helping transferring families make wise home purchase decisions.
Appraisers Are an Important Support in the Relocation Process
William K. Nash, Jr., CRP
There have been discussions among relocation professionals about eliminating appraisers from the homesale process. A proper evaluation should be made before any action is taken.
The Value Added by Appraisers
Jeffrey G. Otteau, SCRP, IFA
Corporate America is always looking for ways to reduce relocation costs. Eliminating or reducing the role of the appraiser may not be the best solution.
Building an A-team
Hank Fontes, SCRP
Shared information can result in more effective analysis of home values. One appraiser offers his suggestion as to how this can be accomplished.