Every Sunday evening at 8 pm I get a notification on my phone that says “Don’t forget your big 3!” What are the big 3? The big 3 are weekly goals that I set. These goals may be related to goals the week before, but they don’t have to be. The purpose of doing “the […]
It doesn’t happen very often, but I’m sure it’s happened to each of us at least once: while taking a payment at the door, someone pays you in cash. And a thought that may run through your mind is, “I don’t have to report this. There’s no trail, no evidence, and then I don’t have
What Do You Do When No One’s Watching? Read More »
I recently had a question come in from a follower regarding how to best make time adjustments in this crazy world of multiple offers and offers over list. It was an excellent question and one I felt would best be dealt with on a broader scale. Daniel’s market is probably similar to many of the
How To Determine Time Adjustments Read More »
Despite what rumors you may have heard, Fannie Mae is not coming out with any new appraisal forms. Of course, I am playing with you a bit; they are coming out with a new portal of course – just not new forms. If you have not heard yet, FNMA is in the process (some say
Fannie Mae is Not Developing New Appraisal Forms Read More »
It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent. The answer is yes, but there are a couple potential conflicts of interest that you should be wary of. First of all, there needs to be a clear line between when
Can You Be an Appraiser and an Agent at the Same Time? Read More »
Bonuses are something I often get questions about. By bonuses, we mean a reward in addition to your regular salary. Not overtime or commission. This may be money, extra paid time off, or other perks. They don’t need to be a surprise, but they do work much better if they are. However, it does need
A Three Step Recipe for Bonuses Read More »
At Appraisal Precision and Consulting Group, we answer the phone. When I say “we”, I mean when you call in, unless we are totally slammed with phone calls, you will get a live human being answering the phone. That human being, that receptionist will be both personable and professional. S/he will know how to handle
Wow! A Receptionist Who is Both Personable as Well as Professional! Read More »
What do you think of Adam Smith and The Wealth of Nations?! B-O-R-I-N-G! You’re right, Adam Smith’s book is not the most exciting reading on the planet. It was not exciting when Smith first published it in 1776. It was not exciting when I first read it over a decade ago. It is not exciting
Oh, No! Not An Economics Lesson! Dustin, Stop! You’re Killing Me! Read More »
As you already know, SR1-3(a)(v) and its Comment make it clear that we appraisers must “…identify and analyze the effect on [the subject’s] use and value of…market area trends…and…an appraiser must avoid making an unsupported assumption or premise about market area trends, effective age, and remaining life”. So what does that have to do with
Which Shall I Build?, A Basement or A Barn? Maybe Both? Read More »
OK. You’re well and truly involved with your research on a job that’s already late. You think you’ve got all your due diligence-bases covered. But you call the broker to confirm on last detail and she asks you, “You know there is a half-way house for sex offenders in the neighborhood, don’t you? It’s about
How Do The Presence (or Absence of Sex Offenders) Affect Appraised Value? Read More »
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