# Real estate appraisal software that ties credential status, workfile and review conditions to each assignment

![An appraiser reviewing a property file and comparable sales at a valuation firm desk before signing the report](https://neurobird.com/realestate/realestate-hero.webp)
*The signature is the product. What made it valid is recorded somewhere else entirely.*

> Real estate appraisal is the development of an opinion of property value, usually to support lending. Appraisers hold state credentials recorded on the Appraisal Subcommittee national registry, and 12 USC 3331 sets the Title XI purpose of ensuring federally related transactions are appraised by competent credentialed individuals. HUD Handbook 4000.1 governs FHA appraisal requirements. Neurobird joins credential, workfile and review on one record across 9 appraisers in 4 states.

- URL: https://neurobird.com/realestate/
- Product: Neurobird Real Estate Appraisal Compliance Platform
- Niche: real estate appraisal
- Buyer: appraisal firms and review appraisers
- Status: in development, open for early access
- Updated: 2026-08-25

## What Neurobird Real Estate Appraisal does

- Hold appraiser credential and registry status against the assignments they signed
- Track workfile retention per assignment rather than as a filing habit
- Keep review conditions on the file they concern until they are cleared
- Watch state credential expiry before an assignment is allocated, not after

## How it works

1. **Check the credential at allocation** State credential and registry status verified before an assignment is given, not after the report is delivered.
2. **Start retention at completion** The workfile clock runs from the assignment, so retention is a property of the file rather than a filing habit.
3. **Hold review conditions open** Conditions returned by a reviewer stay attached to the file until cleared, rather than living in an email thread.

## From the source material

> An institution is required to obtain appraisals of leases that are the economic equivalent of a purchase or sale of the leased real estate.

Source: federalreserve.gov, https://www.federalreserve.gov/frrs/guidance/interagency-appraisal-and-evaluation-guidelines.htm

## Industry context

- **3331** The section stating the purpose of Title XI, which is that federally related transaction appraisals be performed by competent individuals whose professional conduct is subject to supervision. (source: 12 USC 3331, https://www.law.cornell.edu/uscode/text/12/3331)
- **1 registry** The Appraisal Subcommittee maintains a national registry of state credentialed appraisers, which is the authoritative check on whether a signature was valid. (source: Appraisal Subcommittee, https://www.asc.gov/)
- **4000.1** The HUD single family housing policy handbook, which carries FHA appraisal and property requirements in a single consolidated document. (source: HUD Handbook 4000.1, https://www.hud.gov/program_offices/housing/sfh/handbook_4000-1)
- **1002.14** The Regulation B provision requiring creditors to provide applicants with copies of appraisals and other written valuations developed for first lien dwelling loans. (source: CFPB, Regulation B, https://www.consumerfinance.gov/rules-policy/regulations/1002/14/)
- **1 manual** The FDIC consumer compliance examination manual sets out how examiners approach valuation requirements at supervised institutions. (source: FDIC, https://www.fdic.gov/consumer-compliance-examination-manual)

## Pricing

- Solo appraiser: 69 per month
- Firm: 219 per month
- AMC: 549 per month

## Questions

### What is real estate appraisal?

Real estate appraisal is the development of an opinion of value for a property, usually to support lending. Appraisers are state credentialed, and the Appraisal Subcommittee maintains a national registry of those credentials under the Title XI framework.

### What is the Appraisal Subcommittee?

The ASC oversees state appraiser regulatory programmes and maintains the national registry. 12 USC 3331 sets out the purpose of Title XI, which is to ensure appraisals in federally related transactions are performed by competent, state credentialed individuals.

### How long must a workfile be kept?

Retention obligations attach to the assignment, and the period runs from completion rather than from a calendar year end. That is why retention is difficult to manage as a filing policy and easy to manage as a property of the file.

### What rules apply to lender appraisals?

Federal banking agencies publish appraisal regulations for federally related transactions, and CFPB rules govern providing copies of appraisals and other written valuations to applicants. HUD publishes its own appraisal requirements for FHA lending in Handbook 4000.1.

### Does this replace our forms software?

No. The report itself stays in your forms platform. What lives here is the assignment layer: credential status, workfile retention, review conditions and turn time, joined per file.

## Sources

- [Appraisal Subcommittee, national registry](https://www.asc.gov/)
- [12 USC 3331, purpose of Title XI](https://www.law.cornell.edu/uscode/text/12/3331)
- [FDIC, consumer compliance examination manual](https://www.fdic.gov/consumer-compliance-examination-manual)
- [HUD, Handbook 4000.1](https://www.hud.gov/program_offices/housing/sfh/handbook_4000-1)
- [CFPB, Regulation B appraisal copies](https://www.consumerfinance.gov/rules-policy/regulations/1002/14/)

## Contact

- office@neurobird.com
- https://neurobird.com/