Archive for April, 2017

MBA Secondary – 2017 – CoesterVMS

April 29th, 2017

See you at Secondary Conference 2017!


MBA - Brian Coester - Secondary Conference 2017

MBA Secondary Conference 2017

Appraisal management Legislation Update – CoesterVMS – Brian Coester

April 28th, 2017

satisfied customerThe Appraisal Institute reported April 17 that 37 bills affecting the valuation profession are pending in 23 states. According to the Appraisal Institute, the proposed legislation includes:

  • Arizona SB 1197 which makes various changes to the state’s appraiser licensing law and appraisal management company oversight and registration law.
  • California SB 70 which allows a state-licensed or state-certified appraiser to deviate from the Uniform Standards of Professional Appraisal Practice in certain circumstances.
  • Connecticut SB 780 which allows real estate brokers and salespersons to estimate for a fee or other valuable consideration a probable property sale price or lease price.
  • Florida SB 716/HB 927 which makes changes to the state’s AMC law and would allow appraisers to perform evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines and allow the Florida Real Estate Appraiser Board to consider the adoption of standards of valuation practice other than USPAP for use in non-federally related transactions.
  • Hawaii HB 50/SB 390 which enacts a comprehensive AMC oversight and registration law.
  • Illinois HB 722 which prohibits AMCs from passing along to appraisers any costs, fees or other expenses.
  • Illinois HB 723 which requires the fee paid to an appraiser be shown separately from the fee paid to an AMC in any residential real estate closing document that lists real estate appraisal fees.
  • Indiana SB 76 which requires AMCs to compensate appraisers within 30 days of their submitting an appraisal to an AMC.
  • Kansas SB 2414 which allows appraisers to utilize the Appraisal Institute’s Standards of Valuation Practice and Valuers’ Code of Professional Ethics when performing an appraisal for any purpose other than a real estate-related financial transaction, and would allow appraisers to perform evaluations.
  • Kentucky HB 443 which reorganizes the state’s appraiser licensing and certification agency.
  • Massachusetts SB 104 which enacts mandatory appraiser licensing.
  • Minnesota HF 593/SF 366 which clarifies that allegations that do not result in disciplinary action against an appraiser are not made public, and that a background check is only required for an initial appraiser application. It also provides for the sequestering of information related to disciplinary actions more than five years old and imposes a six-year statute of limitation on civil actions against real estate appraisers.
  • North Carolina HB 431/SB 576 which clarifies that state-licensed and state-certified appraisers may perform evaluations.
  • Nebraska LB 17 updates the state’s AMC law to bring it into compliance with federal minimum requirements and the state’s supervisor and trainee requirements so they’re consistent with the Appraiser Qualifications Board.
  • New Hampshire SB 53 updates the state’s existing AMC law to bring it into compliance with federal minimum requirements.
  • New Jersey AB 1973 enacts a comprehensive AMC oversight and registration program.
  • Oklahoma SB 533/HB 1505 requires appraisers to include an invoice in the appraisal report.
  • Oregon HB 2189 establishes an appraiser-specific statute of limitations.
  • Pennsylvania HB 863 establishes the parameters around which a real estate broker or salesperson may perform a broker price opinion or comparative market analysis.
  • Rhode Island SB 543/HB 5620 establishes a comprehensive AMC oversight and registration program in accordance with federal minimum requirements.
  • South Carolina S279 enacts a comprehensive AMC oversight and registration program in compliance with federal requirements.
  • Tennessee SB 279/HB 376 enacts a statute of limitations applicable to civil claims against real estate appraisers.
  • Texas SB 1516/HB 3261 makes various changes to the state’s existing AMC oversight and registration law.
  • Vermont HB 506 repeals both the requirement for criminal background checks for appraisers and the state’s existing AMC oversight and registration program, vesting that authority instead to the Vermont Real Estate Appraiser Board.

[View source.]

Brian Coester – CoesterVMS Partners with Montgomery County Public Schools to Makeover 4 schools In Maryland for Spring Break Year

April 21st, 2017

ROCKVILLE, Md., April 20, 2017 /PRNewswire/ — CoesterVMS, a national appraisal management company, partnered with Montgomery County Public Schools, to complete an Extreme School Makeover at four schools in the state of Maryland.

Brian Coester Founder and CEO and Jerry White clean up Rachel Carson Elementary School in Darnestown MD

Brian Coester and Jerry White

CoesterVMS provided cleaning materials and 50 volunteers to spend a day completing multiple landscape, cleaning and painting projects.

“Our schools are a place for children to learn and grow, we are proud to be a part of an effort to make sure they have a safe, clean and beautiful place where they can learn. Children need to take pride in their school and community and this is a first step,” said Brian Coester, CEO of CoesterVMS. “We have a long-standing relationship with both the public and private sector charity work and partnering with the county has been great.”

The four schools were Rachael Carson Elementary, Thurgood Marshall Elementary, Georgetown Hill and Clopper Mill Elementary. “It was so great to partner with CoesterVMS this year and they did a great job,” said Collen Johnson, a teacher at Rachel Carson. “Thanks to their generous support, we were able to assist more schools than ever before with landscaping, painting, cleaning and setting up classrooms so that thousands of children could have the very best start to their school year.”

About CoesterVMS
CoesterVMS is a nationwide appraisal management company that specializes in providing comprehensive management of appraisal operations for mortgage lenders. Founded by Brian Coester an appraiser, CoesterVMS’ in-house appraisal management solution combines the best service with the most advanced technology on the market. CoesterVMS guarantees all appraisal reports to fully comply with all regulations and guidelines. The company’s Cloud Control appraisal management technology is the only software of its kind to be built on the award-winning platform, and its “Coester-Mer” service is earning the company a reputation for the best customer service in the industry. Headquartered in Rockville, Maryland, CoesterVMS was founded as a local appraisal company and has since grown to a formidable nationwide force in the appraisal management segment. For more information please visit CoesterVMS online at

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