Tag Archives: Coester Appraisal

CoesterVMS announced that as of January 1, it has implemented the first flat fee model for residential appraisals. Through the new model, all conventional appraisals are priced at $450 while appraisals are $475.

CoesterVMS announced the hiring of a 20-year industry veteran to lead the company as the new SVP of operations.

As of Monday, Coester Appraisal Group is now CoesterVMS. According to a release from CoesterVMS, the new name reflects the company's new, expanded line of valuation management services.

Coester Appraisal Group enhanced Cloud Control by adding C-Data, the company's automated appraisal review technology. C-Data automated review technology electronically evaluates every field in an appraisal report; identifies potential fraud, errors, discrepancies and missing information; and offers findings in online and in printed formats.

The nation's Capitol stands out as the ""shining star"" in nearly every market report that crosses the wire. Washington, D.C. has consistently resisted home price declines, sales activity bucks widespread trends, and foreclosure numbers, too, have been almost non-existent due to an unofficial moratorium. Is it the absence of foreclosure property that's behind D.C.'s defiant market performance and will it turn now that emergency mediation rules have been enacted to restart foreclosures? Local experts say no, D.C. is just a market to itself.

Coester Appraisal Group, a Maryland-based appraisal management company, recently hired two new executives. Haroon Khalid is the company's new chief developer, and Joseph Bryant will serve as national sales director. According to a statement from the company, the hires were part of a plan to grow the business and elevate appraisal industry standards.

Coester Appraisal Group, a nationwide appraisal management company based in Maryland, announced the appraisal industry's first smart phone application last week. The free application, currently in beta testing and available later this year, connects Coester Appraisal Group with staff, contracted appraisers, and its lender and broker clients.

A survey conducted of more than 5,000 licensed appraisers across the country by the appraisal management company Coester Appraisal reveals that only 3 percent of appraiser respondents have less than five years of experience, a result that contradicts lenders' and independent appraisers' claims that appraisal management companies (AMCs) are employing inexperienced appraisers. More than half of the AMC appraiser respondents have been in the business for 15 years or more.