Nov 21 2024 29 mins 4
Today on the Power House podcast, we are bringing you a special sponsored conversation between Zeb Lowe, the director of HousingWire’s Content Studio, and Andrew Bough, the COO at Class Valuation.
Andrew is joining us today to share how Class Valuation is setting new quality standards for appraisals through approaches such as their appraiser scorecard system and creating specialty panels for unique property types. He also talks about tackling industry challenges like an aging workforce and regulatory changes, and how they’re shaping the market with their Appraisal Diversity Initiative.
Here's what you'll learn:
- Class Valuation's scale allows for consistent quality in appraisals.
- Choosing the lowest-paid appraisers is a common misconception about AMCs.
- Performance scorecards help appraisers improve their services.
- Creating specialty panels enhances the quality of appraisals for specific, niche needs.
- The appraisal industry, like many other facets of the housing ecosystem, is undergoing significant change.
- Diversity initiatives and embracing new technology are essential for the future of appraisals.
Related to this episode:
Enjoy the episode!
The Power House podcast is a show about leadership, markets and entrepreneurship in the housing industry. Each Thursday, Diego Sanchez speaks with CEOs, founders, and executives from the mortgage and real estate sector to reveal how housing executives think about business growth, operational strategy, and leadership. The Power House podcast reveals the full picture through the stories of the industry’s most impactful leaders.
Diego Sanchez is the president of HousingWire, and the Power House podcast is produced by HousingWire’s Content Studio. Initially launched in 2019 as the Housing News podcast, the show was relaunched as Power House in 2024.
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