411 - What Makes Appraisers an Irreplaceable Role in Real Estate with Peter Gallo Crazy Sh*t In Real Estate with Leigh Brown

Welcome to this episode, where Peter Gallo brings attention to the crucial responsibilities of certified independent appraisers and their challenges, gradually sidelining them from the home valuation process. Join us as we delved into his personal encounter when he questioned a tech company representative regarding regulatory compliance. Our discussion covers insightful subjects that will educate not only home buyers and sellers but also real estate professionals. So, tune in and stay informed!
 
 
Key takeaways to listen for
How appraisers and data collectors differ during a home valuation  Key solution for the crisis faced by independent appraisers Risks posed by tech companies taking part in the appraisal process Factors that prove the vital role of independent appraisers Why it’s impractical to have data collectors conduct property valuation  
 
Resources mentioned in this episode
ChatGPT Fannie Mae Freddie Mac American National Standards Institute  Appraisal Management Company  Home Valuation Code of Conduct (December 2008) Multiple Listing Service CoStar The Appraisals Foundation  
 
About Peter Gallo
Peter has owned and operated HomeSight Appraisal, serving Charlotte, NC, and surrounding areas since 2004. He has 30+ years of residential appraisal experience, and HomeSight is one of Charlotte's largest residential appraisal firms. His company leads the industry in quality, reputation, and efficiency. The business is based solely on referrals and networking through existing clients' positive experiences. He strongly believes in positive relationships and works very hard to cultivate them.
 
 
Connect with Peter 
Website: HomeSight Appraisal Facebook: HomeSight Appraisal Email: peterg@homesightllc.com Phone Number: 704-578-8205  
 
Connect with Leigh
Please subscribe to this podcast on iTunes or the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown.
Subscribe to Leigh's other podcast Real Estate From The Rooftops
 
 
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