As part of your appraisal business, how slowly should your hire? How quickly should you fire? Since we are human, we tend not to look at hiring someone to fill an important position until we are so inundated with work, so far behind the eight-ball as it were, that we make the position of hiring […]
In the past, it was common for appraisers to collect their fees directly from the borrower at the time of the property visit (i.e., at the door). I would take credit cards, checks, or cash while at the door. Many years ago, this was common. Now, however, that rarely happens and we usually have to
In the context of a real estate appraisal, especially a residential real estate appraisal for a lender thru an AMC, what is confidential? First, look at USPAP’s definition of confidential information (lines 105 – 108 in the 2018-2019 edition). It says “[c]onfidential information [is] information that is either…identified by the client as confidential when providing
Since we spend so much time in them, let’s talk about your appraisal vehicle. How organized is it? Does it make you more efficient? Does it help you create value for others? Is it an appraisal tool, or just another thing that’s part of your stuff? Let’s start with your computer bag. What’s that?
(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
One aspect of my job that I love, is the opportunity that I have to associate with many inspirational individuals. It is my pleasure and honor to be surrounded by valuation experts who push me to be a better appraiser. I have also encountered many appraisers who are very negative towards the industry.
I want to talk to you today about something that’s been in my thoughts recently – a question of our mindset as appraisers, if you will – that was brought on by a recent experience I had. Part of my role as the Appraiser Coach is staying tapped into the general appraiser community. I do that
I have been involved in politics from the time I was quite young. I remember as a toddler attending party conventions, and as an eight year old delivering flyers from door to door asking everyone to vote for my dad for city councilman. Many of you know my story. Several years ago I felt a
Using a laser measuring device and a tablet or smartphone in the appraisal field can be a daunting undertaking for someone who has never done it before. However, being willing to buy and try these tools may very-well change the way you appraise forever. In my role as an appraisal business consultant, I have opportunities
It was a beautiful, early, fall afternoon. I had just completed my fifth inspection of the day and had just one more to do in the rural community of Island Park, Idaho, just outside of Yellowstone National Park. The cabin was setback in the trees and was surrounded on three sides by state lands. In