The Virginia Real Estate Appraisal Board Meeting Recap. 02/12/2019 To say this meeting was a full house is an understatement. An extra row of chairs was added in anticipation of public attendance.  The agenda was posted prior and the format was, well just like every other meeting. The meeting minutes were approved from the… Read More »

Call to Action!

  Speak About Hybrid Appraisals at the VREAB Meeting Tomorrow! The Virginia Real Estate Appraisal Board meets tomorrow for its quarterly meeting. The meeting will take place at DPOR Offices, located at 9960 Mayland Dr, Richmond, VA 23233 @ 10:00 AM. The agenda can be found on the Townhall.  This meeting is important as hybrid… Read More »

Oral Arguments LREAB vs FTC

As you are aware, the oral arguments in the Louisiana vs FTC case were held today. The audio of the proceedings has  been posted for public listening.  You can listen to the content here.  

“In short, we’re not telling anyone not to provide hybrid reports; we’re just spelling out the consequences.”

VaCAP received this informative newsletter from a member of our sister coalition, the Illinois Coalition of Appraisal Professionals late yesterday.  VaCAP was the first state our appraisers these products may not comply with Virgina laws.We are aware of approximately 20 states in which there are conflicts between these products and state laws.   The Illinois… Read More »

Standing With Us Protecting Consumers!

Appraisers and Realtors Unite in Opposition of the Increased Appraisal Threshold Earlier today we shared the letter 30 state appraisal organizations collaborated on in conjunction with Constantine Cannon LLC. We are now sharing a joint letter in which our national organizations, American Society of Appraisers, Appraisal Institute, American Society of Farm Managers and Rural Appraisers,… Read More »

Big Data? Thick Data ? Human Data?

These videos are actual presentations presented at TED Conferences. Each video is about 15 minutes and well worth every second to watch.   “Algorithms decide who gets a loan, who gets a job interview, who gets insurance and much more — but they don’t automatically make things fair. Mathematician and data scientist Cathy O’Neil coined… Read More »