APPRAISAL BUZZ FALL 2019 | 47
GREEN HOME VALUE
MISSING THE GREEN
CAN LEAVE EVERYONE
SEEING RED
LIABILITY HEADACHES
Real estate practices, both valuation and brokerage,
are professions that are open season for lawsuits.
Let’s face it, consumers can be very litigious in many
situations. Reducing liability is something we should
all try to do in our professional work. Housing is an
integral element of the overall economy and it is our
collective job to try and protect it. That is why it is so
important that appraisers increase our competence.
Pricing and valuing homes can sometimes be tricky,
so it remains important that we understand our
markets. One area that receives a lot of feedback
from agents, builders, and even consumers; dealing
with high-performance homes, or green homes.
BY WOODY FINCHAM