Real value: How Class Valuation is redefining AMCs

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:

• Class Valuation
• Andrew Bough | LinkedIn
• HousingWire | YouTube

The Power House podcast explores the most critical topics in mortgage, real estate and fintech. A new mortgage or real estate executive joins the show each week to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Diego Sanchez and produced by the HW Media team.