411 - What Makes Appraisers an Irreplaceable Role in Real Estate with Peter Gallo

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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