Appraiser Scrutiny Spurs Marshall&Swift Certificate Program

As the appraisal industry experiences increased regulatory oversight and a demand for evidence that appraisers use best practices, M&S has joined the fight to demonstrate the quality of valuations performed by appraisers. M&S demonstrates this by giving appraisers proof of licensed access to its industry-standard replacement cost data for their property valuations.

The new M&S Licensed User Certificate is available to M&S licensed customers at https://certification.marshallswift.com, and is for attachment to any appraisal report. The certificate is written confirmation that the appraiser maintains current building cost information in accordance with appraisal best practices, and supports the residential appraisal form requirement that the appraiser list a source of current data when calculating a cost approach valuation. Marshall & Swift also provides an online registry of certificate holders should lenders wish to confirm appraisers’ access to current building cost information as part of their underwriting process.