RAC BLOG

News from RAC Leaders, Market Conditions

Articles & Appraisal Tips

RAC Town Hall - February 27
Ernie Durbin Ernie Durbin

RAC Town Hall - February 27

Broker Buyer Compensation Lawsuits and Legislation on Foreign Entities buying American Land with Jay Hershman

Broker compensation concerns have recently garnered attention, with multiple states implementing effective measures. This poses challenges in the home-selling process, impacting negotiations and determining who bears the burden of commissions. It is crucial to stay informed about state legislation and its implications for property sales, considering how appraisers will assess concessions.

Notably, there is a growing trend of foreign entities acquiring land in the United States, particularly in proximity to military bases. Some states, including Texas and Indiana, are actively passing legislation to curb these sales. Join us as we delve into these pressing issues, explore their potential impact on the real estate market, and discuss ways to support and engage with the evolving legislation. Let's collectively educate ourselves on navigating these changes and advocate for measures that align with our community's interests.

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RAC Town Hall Meeting - Jan 18
Ernie Durbin Ernie Durbin

RAC Town Hall Meeting - Jan 18

Appraising High-End Residential Properties

In an initiative to enhance diversity, this town hall aims to offer an introduction to the appraisal of high-end residential properties and their distinctive features. Appraising properties of this caliber presents numerous challenges, and this session will delve into these complexities, including issues related to USPAP (Uniform Standards of Professional Appraisal Practice). We all need an additional tool in our toolbox, please save the date for this informative session.

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2023 RAC Conference Recap
Relocation Appraisers and Consultants Relocation Appraisers and Consultants

2023 RAC Conference Recap

Betsy Hughes, SRA, AI-RRS, 2023-2024 President of RAC recaps the 2023 RAC conference entitled ‘Turbulence in the Industry How Will You Land?”

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RAC Summer Series Town Hall Meeting - July 27
Ernie Durbin Ernie Durbin

RAC Summer Series Town Hall Meeting - July 27

The Silent Language of Expert Testimony

As a litigator, you want your witnesses to be seen as competent, trustworthy and likeable. But most witnesses, under the strain of the testifying process, do things nonverbally that undercut one or all of those three qualities. This could result in turning off a swing-vote juror or needlessly antagonizing the other side, causing negative emotional fallout that words cannot counteract. Learn how to be as credible in your nonverbal communication as you are in your verbal testimony.

By Dr. Janet Larsen Palmer, President of Communication Excellence Institute, a professional consulting firm in management communication.

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