Bill King

Bill King is Senior Vice President of Valuation Solutions at Platinum Data Solutions. Bill King is a licensed real estate broker and certified residential real estate appraiser in Washington State, and nationally recognized instructor of real estate and appraisal courses and seminars.

Bill has over 30 years of experience in real estate and valuation; he has been a forensic expert in the valuation and housing segments for over 20 years; has taught dozens of appraisal courses; and contributed to the country’s most widely used appraisal textbook. He was a key member of the Appraisal Institute for several project teams, and has published dozens of industry-relevant articles and papers. He has been a valuation representative to MISMO, consulted with the GSEs on USPAP issues for UCDP, and participated in creation of UAD. He was a Co-Founder and Board Member of the Appraiser’s Coalition of Washington; Founder, President and Chief Appraiser of ValueOne Appraisal; and Regional Sales Manager for FNC.


  • Valuation forensics, analytics and technology
  • Valuation management platforms
  • Appraisal guidelines and regulations including UAD, USPAP and UCDP
  • Evolving role of appraisals and appraisers in the mortgage industry Company Overview

Platinum Data provides SaaS-enabled technologies and services that help mortgage companies improve data quality and eliminate collateral risk. Its core products focus on collateral, and it also provides services used throughout the entire mortgage cycle. RealView, the company’s flagship technology, is the first and only appraisal data quality verification technology. OptiVal, a one-of-a-kind automated AVM analysis technology, allows users to develop optimal AVM cascades based on user-defined risk parameters. Platinum is the largest independent provider of AVMs in the country. Its online platform and analytical tools are being used by hundreds of companies to perform due diligence, prevent buybacks and protect billions of dollars in assets across the U.S. Platinum Data Solutions was founded in 2002.

Condition Rating C3: The New "Average"

Wednesday, August 13, 2014

There continues to be a lot of misinterpretation of the UAD condition ratings resulting in inconsistent application of the ratings. Much of the misunderstanding seems to be a carryover from the days when everything was "average". In some cases it is the persistent belief that the definitions are relative, in others it seems to a belief that applying the C3 rating will require fewer comments, even if the home is nearly new.

Application of UAD Quality and Condition Definitions

Monday, January 27, 2014

It has been almost three years since the Uniform Appraisal Dataset (UAD) was formally announced by Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac. The first version of Appendix D outlining field-specific standardization requirements was dated February 11, 2011. This guide detailed specific formats and responses for certain fields of the four major residential appraisal report forms.

What are the Rules on Photographing Comparable Sales?

Monday, December 23, 2013

Years ago the standard of practice was that no comparable photographs were taken. It was expected that the appraiser viewed comparable sales from the street, but photos were not submitted. The certifications in today's appraisal reports did not exist, and there was no USPAP. The advent of comparable sale photographs as an exhibit to an appraisal report results, at least in part, from the practice of not driving the comparable sales.