Changes Coming to the Appraisal Process

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Heads up! The appraisal process is getting a major update — and it’s important for you to understand what’s ahead.  Starting in November 2026, Fannie Mae and Freddie Mac will switch to a new system called UAD 3.6. Here’s what you need to know:

  • One form fits all.

Appraisers will no longer use different forms for different property types. The process will be streamlined and standardized.

  • More detailed data required.

Appraisers will need to collect and report more specific information, so accurate listing details will be essential. According to NAR, “The dynamic form expands as needed to include additional information. For instance, if the appraiser indicates there’s an accessory dwelling unit, a section will appear for the appraiser to provide details. If there is no ADU, however, that section will not appear. (Here are some sample scenarios to show you what the new reports will look like.

  •  Your role is more important than ever.

We will all need to play a key role in making sure the appraiser has all the information needed to keep deals moving forward. These changes are designed to make appraisals faster, fairer, and more consistent — but they will take some getting used to.  It is important to understand that appraisers will be struggling to find data and ensure that their information is accurate and detailed, and will look to you to help fill in the blanks or clarify sales information.  Please help them, by calling back and answering their questions!  Our cooperation helps both buyer and seller clients and ensures a fair marketplace!

We’ll keep you posted on training opportunities and tools as they become available. In the meantime, it’s a great moment to start familiarizing yourself with what’s coming.

Learn more and get ahead of the curve:  Read the full article from NAR.  As part of NAR’s “Supporting Your Value” webinar series, speakers from Fannie Mae and Freddie Mac recently gave a rundown of why the UAD is being updated, showed examples of data required and what the new reporting look will look like, and provided resources to help agents and appraisers prepare for the transition.