Appraiser mentors

How To Determine Time Adjustments

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 […]

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Fannie Mae is Not Developing New Appraisal Forms

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

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Can You Be an Appraiser and an Agent at the Same Time?

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

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Embracing New Technology and Efficiency

I recently met with another appraiser who admitted to me he was still using a clipboard and pen. There are very few people out there still using these; most appraisers have moved on to using a tablet or smartphone, which I definitely recommend if you are still using a pen and clipboard. A tablet is

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Appraisers: Fraud is Not Okay

Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few of them are not in real estate appraisal. Right now, I’m talking to the bad apples.  Maybe you’re in a situation where you want a

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Why are Appraisers Banned from Doing Work They’re Qualified to Do?

I just got out of an interesting conversation I had with my CPA. Eventually, our conversation veered onto the topic of work. I was curious about what it takes to get into his field (not that I’m interested in getting into it at all). We talked about our respective professions and about changes occurring in

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How Much Should a New Real Estate Appraiser Charge?

I was recently asked by a newbie in real estate appraisal how much I think a new real estate appraiser should charge. Many new appraisers and trainees want to get off on the right foot and explore options for maximizing their potential right off the bat. My hat goes off to those people who are

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When to Break the Rules

I recently broke my scapula taking my 11-year-old dirt biking. I should have brought another adult, but it was his and my bonding time. To set the scene: We were camping overnight in the Idaho hills, and the next day we went down a trail about 14 miles. Because he’s a little less experienced, it

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The Importance of Taking a Break

Many of us throw ourselves into our work because we love it. We love it so much we forget to take regular breaks, but it’s such an important thing to do. I’m a fan of “Work hard, play hard.” Working is great, but we need to play sometimes too.  Why did you get into real

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Your Best Friend as an Appraiser

Many appraisers work out of our homes, not interacting with office staff or other appraisers. Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. It is often a one-man show, and can be very lonely. There are, however, ways to make the real estate appraisal business a little less

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