appraiser lifestyle

The Richest Appraiser in Babylon

If you’ve not read “The Richest Man In Babylon” by George S. Clason, stop reading this blog right now, get on Amazon, and order a copy of it immediately.  Order the book and leave it next to your bed so you read it last thing at night.  Order the Audible version of it so you […]

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How To Treat Your VA

At my appraisal company, Appraisal Precision, we pride ourselves on completing our assignments timely and well.  There has been a lot of hard work, sacrifice, and not a few sleepless nights to arrive at, and then enjoy, this reputation.  That timeliness, that precision, as it were, is what our clients now expect of us.  These

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Condos and Townhouses – You’re Comparing Apples to Oranges

Because I get the regular opportunity to chat with appraisers, I also have the regular opportunity to answer a lot of questions.  One that frequently comes, especially in coaching situations, is what at first appears to be a simple question, but is really quite profound.  It is a question that appraisal qualifying education classes typically

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If You Build it, Will They Come?

Let’s face it:  if you are reading this blog, you are likely a real estate appraiser.  If you are a real estate appraiser, then you are likely involved with a small business.  It may be your own business for which you are totally responsible.  You may be working with another appraiser as an employee or

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You Know Don Quijote is Nuts, Right?

I am not a book snob.  I’m not even a real big reader, especially of the Classics, which I find way too deep and hard to understand.  I’m OK with light fiction, but Shakespeare is just too hard to get through.  Now, that said, I deeply love Miguel de Certantes’ classic, “The Man of La

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Refining Yourself and Your Appraisal Business

There is a principle, or way of looking at things that I try to regularly apply both personally and when I am coaching others. This is a tool that helps me find if and where I need to change things in my personal and business life or in the lives of the individuals I mentor.

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Can an AMC Tell Appraisers How to Dress?

I recently saw a Facebook post where an appraiser was quite upset and offended that an AMC asked him to dress professionally for an appraisal walkthrough. Now, this was a request that was made up front as one of the conditions for accepting the order. Reading the post, it sounded like this appraiser was upset

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Oh, No! Not An Economics Lesson! Dustin, Stop! You’re Killing Me!

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

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Mr. Harris, Come And Take A Look At This Fabulous Deck I Built Myself!

“Mr. Harris, welcome to our home!  Come out here and take a look as this fabulous deck I built myself over a couple of weekends!  I found out how to do it by watching a video on YouTube.  Easy as pie!  What a beauty, right?  What does something like this add to value – $10,000,

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Which Shall I Build?, A Basement or A Barn? Maybe Both?

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

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