tips for appraisers

Being the Master of Your Destiny

Sometimes I think we forget the blessings and unique opportunities that come with being an appraisal business owner. While there are certainly many struggles that come with owning your own business, I love the independence I have as a business owner. I know many people who love the security of working for someone else. They […]

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Mobile Appraising

Switching to a laser measurer for appraising was one of the best business decisions I ever made. I have saved countless hours of time and frustration in my home observations. A laser measurer allows me to measure a home in less than half the time that a tape measure would take. If you are not

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Are Robots Replacing Appraisers?

As I have worked with appraisers, I have noticed a common fear that computers and algorithms will eventually replace appraisers altogether. I can understand the fear especially as technology is becoming more and more advanced. To some extent, big data has already replaced appraiser roles, but I believe appraisers are, on some level, ultimately irreplaceable.

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I Don’t Do What My Competitors Do

I remember a time when I lived from paycheck to paycheck, and I worked 60 to 90 hours a week. Much of my life was lived out of fear. Fear that I would not be able to make ends meet and provide for my growing family. I lived like this for the first twelve years

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Necessary Analyses for an Arm’s-Length Transaction

How often do we appraisers get into the mode where we think we know it all?  Occasionally, do we need to step back and look at the way we do things, just to make sure we are not missing something?    Is what we know to be true and correct really true and correct?  I

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Accommodating Appraisal Clients

Clients sometimes ask me to do things that are not in my normal course of business.. Keep in mind that this blog is not referring to things of an immoral, unethical, or illegal nature. Of course, if it is wrong, then you should refuse to do it in a professional manner. I am also not

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Overcome Your Fears

I hate going to the gym, but I do go, since it helps me in so many ways.  Usually, I do three sets of whatever exercise at 10 reps each. However, just to make sure I’m covered, sometimes I’ll do 11 reps.   I don’t want to miscount (yes, I’m a bit OCD). To psych

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Are You a Statistician or An Analyst?

Just what is our role as appraisers?  Are we statisticians or analysts? First, either of these would apply only to what I call a “Tier III appraiser,” since statistics and analytics are not for the beginner, nor the appraiser who is not comfortable around numbers, as well as the ways numbers can interact.  Of the

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Do Some of Your Clients Need Fired?

Many of you may not have heard me talk about my A, B, and Y Clients and you may be wondering what the heck I am talking about. I am going to briefly explain here, but if you want more details about this whole process, I highly encourage you to check out the corresponding podcast.

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What Exactly is an Evaluation

(This is an edited version of a podcast Mike Brunson and I had on the topic of evaluations.  Mike is a state-certified general real estate appraiser in Nevada and Arizona, an SRA who specializes in damages and their impact on real estate values.  He recently received his Masters Degree in Public Administration and is working

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