Working RE Magazine

Working RE Magazine Working RE Magazine helps real estate professionals build their businesses, reduce their risk of liability and stay informed on important industry issues.

Working RE is brought to you by OREP. OREP specializes in placing errors and omissions insurance and providing valuable benefits to real estate appraisers, home inspectors, real estate agents and brokers, mortgage field service professionals, mortgage brokers, title and others. Our promise to you is business by the Golden Rule by treating all who contact us for help as we would expect to be treated: with honesty, courtesy and efficiency.

❗️"With PAVE suddenly disbanded, many appraisers have questions about what will happen to other appraisal bias related i...
02/07/2025

❗️"With PAVE suddenly disbanded, many appraisers have questions about what will happen to other appraisal bias related initiatives. Here is what "Working RE" is hearing on the streets."

📌 "Trump's War on DEI: Immediate Effects for Appraisers" by Isaac Peck, Publisher, is featured in "Working RE" magazine.

👉 Read all about it here: https://www.workingre.com/trumps-war-on-dei-immediate-effects-for-appraisers/

❗️"We've seen plenty of cases in which appraisers report these matters six months, or even years, later and wind up upse...
01/27/2025

❗️"We've seen plenty of cases in which appraisers report these matters six months, or even years, later and wind up upset when coverage is declined."

📌 "Why Report a State Board Investigation or Complaint?" by Isaac Peck, Senior Broker at OREP.org, is featured in "Working RE" magazine.

👉 Read all about it here: https://www.workingre.com/why-report-a-state-board-investigation-or-complaint/

Adjustments are (again) a very hot topic. Many appraisers are getting pushback from their clients and being asked to sho...
01/21/2025

Adjustments are (again) a very hot topic. Many appraisers are getting pushback from their clients and being asked to show support for their adjustments.

Failure to provide proof and analysis to support your adjustments can mean a rough road for appraisers: state board complaints, trouble with Fannie Mae, license revocation, panel removal, or even lawsuits.

Gain confidence in supporting and proving your Adjustments.

Going on now through January 24, 2025, Appraisers enjoy 25% off the legendary 14 Hour Adjustments CE bundle.

https://www.workingre.com/wp-content/uploads/2025/01/ce-adjustments-plus.html

❗️"By not performing the appraisal correctly, you are allowing someone to come inside your world and look around. What w...
01/10/2025

❗️"By not performing the appraisal correctly, you are allowing someone to come inside your world and look around. What will they find?"

📌 "How a C***k in Your Armor Can Create an Ugly Outcome" by Richard Hagar, SRA, is featured in "Working RE" magazine, Issue 66.

👉 Read all about it here: https://www.workingre.com/how-a-chink-in-your-armor-can-create-an-ugly-outcome

❗️"The time for divisiveness is over. We need to come together and show that we can work together to tackle the big issu...
12/27/2024

❗️"The time for divisiveness is over. We need to come together and show that we can work together to tackle the big issues that are out there."

📌 "TAF Under Pressure: New President Takes the Reins" by former Senior Editor Tony Jones is featured in "Working RE" magazine, Issue 66.

👉 Read all about it here: https://www.workingre.com/taf-under-pressure-new-president-takes-the-reins/

❗️"In response to arguments that lenders and loan officers may be able to game the system, Radke points out that the inc...
12/13/2024

❗️"In response to arguments that lenders and loan officers may be able to game the system, Radke points out that the incentive, if it does exist, would be for lenders to lower their value estimates, i.e. producing a safer loan."

📌 "FHFA's Massive Expansion of Appraisal Waivers: What It Really Means" by publisher Isaac Peck, Publisher, is featured in "Working RE" magazine.

👉 Read all about it here: https://www.workingre.com/fhfas-massive-expansion-of-appraisal-waivers-what-it-really-means/


❗️"There are safety concerns around having unlicensed individuals enter consumers' homes. There are privacy concerns, to...
12/02/2024

❗️"There are safety concerns around having unlicensed individuals enter consumers' homes. There are privacy concerns, too—what happens to the data, pictures and floorplan data after this unlicensed individual collects it? What about liability? Are PDCs going to be required to carry insurance?"

📌 "Push to Regulate Property Data Collectors" by publisher Isaac Peck, Publisher, is featured in "Working RE" magazine, Issue 66.

👉 Read all about it here: https://www.workingre.com/push-to-regulate-property-data-collectors/

❗️"With little in the way of concrete proposals on appraisal-related issues, the various avenues the Trump administratio...
11/15/2024

❗️"With little in the way of concrete proposals on appraisal-related issues, the various avenues the Trump administration could go down are both limitless and unknown."

📌 "Now What? On a New Trump Administration" by John D. Russell, JD was republished from ValuSight Consulting (www.beyondthevalue.com).

👉 Read all about it here: https://www.workingre.com/now-what-on-a-new-trump-administration/


❗️"Many believe this bundled fee is one of the main reasons there is so much animosity between AMCs and appraisers; and ...
11/01/2024

❗️"Many believe this bundled fee is one of the main reasons there is so much animosity between AMCs and appraisers; and that it has a seriously negative effect on market transparency, free market competition, appraisal quality, and the total cost to consumers."

📌 "The Great Debate on Appraisal Fees" by publisher Isaac Peck, Publisher is featured in "Working RE" magazine, Issue 66.

👉 Read all about it here: https://www.workingre.com/the-great-debate-on-appraisal-fees/

❗️"Actions being taken by VA include adding oversight procedures to detect potential discriminatory bias in appraisal re...
10/21/2024

❗️"Actions being taken by VA include adding oversight procedures to detect potential discriminatory bias in appraisal reports, and encouraging training in appraisal bias, fair housing and fair lending for all VA Fee Panel appraisers and lender-approved staff appraisal reviewers."

📌 "What's New at the VA? A Q&A With Its Chief Appraiser" by publisher Isaac Peck is featured in "Working RE" magazine.

👉 Read all about it here: https://www.workingre.com/whats-new-at-the-va-a-qa-with-its-chief-appraiser/

❗️"A significant reduction in agents could result in a steep fallout in referral business. New options for buyers (think...
10/18/2024

❗️"A significant reduction in agents could result in a steep fallout in referral business. New options for buyers (think alternative buyer services and new technology solutions) could mean consumers stop relying on a home inspector referral from their broker and choose to hire one themselves."

📌 "Use Direct-to-Consumer Marketing to Supplant Lost Broker Referrals" by Kendra Budd, Editor, is featured in "Working RE Home Inspector" magazine, Issue 26.

👉 Read all about it here: https://www.workingre.com/use-direct-to-consumer-marketing-to-supplant-lost-broker-referrals/


❗️"AI should not be considered a threat to appraisers but a powerful ally. By leveraging AI's capabilities, appraisers c...
10/09/2024

❗️"AI should not be considered a threat to appraisers but a powerful ally. By leveraging AI's capabilities, appraisers can enhance their efficiency, accuracy, and overall service quality."

📌 "AI in Real Estate Appraising: Embracing the Future Together" by Jim Amorin, McKissock Learning, is featured in "Working RE" magazine, Issue 66.

👉 Read all about it here: https://www.workingre.com/ai-in-real-estate-appraising-embracing-the-future-together/

❗"A key differentiator for RSDS is that recruitment and training are core components of its business model vs. solo appr...
09/04/2024

❗"A key differentiator for RSDS is that recruitment and training are core components of its business model vs. solo appraisers who have to commit to training a trainee through fluctuations in the market."

📌 "RSDS Appraisal Diversity: A Mission to Counter Attrition" by Senior Editor Tony Jones is featured in "Working RE" magazine.

👉 Read all about it here: https://www.workingre.com/rsds-appraisal-diversity-a-mission-to-counter-attrition/

❗️Appraiser fees are under pressure nationwide. Make your voice count by participating in this 3-minute anonymous Apprai...
08/28/2024

❗️Appraiser fees are under pressure nationwide. Make your voice count by participating in this 3-minute anonymous Appraiser Fee Survey.

Results will be available to all appraisers in the industry soon!

👉 Click here to complete the 3-minute survey survey: https://www.surveymonkey.com/r/S9MG8QK


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