Appraiser mentors

The Words We Use

Words are powerful and language matters in all situations, but today, I want to specifically talk about the importance of how we use language in the appraisal profession. There are several misleading key words and phrases that we often use as appraisers, and I think we would be doing ourselves and our profession a favor […]

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Employee Compensation and Candy Bars

A wise individual once pointed out to me that when I buy a candy bar, I am willing to pay the store clerk a dollar (assuming that is the cost), not because it is worth a dollar to me, but because I feel that the candy bar is MORE valuable than my dollar. Similarly, the

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A Step Often Ignored by Appraisers?

I recently had the opportunity to speak with Tim Andersen, whom I would call an expert in the topic of highest and best use. While this post is a good summary of that conversation, I would strongly encourage you to check out the podcast linked below where you can listen to the whole thing and

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Avoiding False Charges

Disclaimer: I am not an attorney, CFP®, or CPA®, physician, etc., thus do not offer legal, financial, accounting, or medical advice. You should not interpret anything in this blog to be legal, financial, medical, or tax/accounting advice since there is no such advice here. If you want or need such advice, please contact the proper

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From Zero to Hero

After reading a comment awhile back by someone who was wanting to know what things somebody would need in order to become an appraiser, I decided to put together a list. Now, this list does not include everything that an appraiser might want or even should have if they want to be really successful, but

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Life Insurance for Appraiser Employees

I know it is not common to think about life insurance with the help of Utility Saving Expert for employees when you own a small business. However, if you have employees with advanced training who would be difficult to replace if something were to happen, it may be something you want to consider. The ERISA

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Insurance Benefits for Appraiser Employees

First and foremost, I want to stress the fact that I am not a financial advisor. I have my own financial advisor who is excellent at giving me sound advice. I suggest you also hire a professional who can mentor you and give you suggestions based on your own personal needs. I have found in

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When You Complete a Final and Were Not the Original Appraiser

First of all, let’s clear the air of any initial confusion that could be potentially floating around out there. It is absolutely okay for an appraiser to complete a final for a property when they were not the original appraiser on the original report. It is perhaps slightly more unusual, but completely ethical. However, there

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Appraisal Office Employee Pay Raises

I give my employees pay raises using a little different method than may be common for many businesses. I have noticed that it is fairly typical for employers to give raises based on the amount of time an employee has been with the company. In other words, there is a set schedule for pay increases

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Things to Remember When You Wear an Appraiser Cap and an Agent Cap

It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent. For those of you who are working in both professions or for those who are looking at the possibility, there are a couple potential conflicts of interest that you should be

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