The Last Mile of AI
AI is like assembling IKEA furniture. Ninety minutes in, you’ve got something that looks suspiciously like a desk. Then you notice a bunch of parts on the floor and realize there’s a problem. Congratulations. You’re almost done. That’s AI. AI makes the first 80% ridiculously easy. You can build websites with great messaging, deep dive […]
The Next Version of You
For an appraiser who has spent 30 or 40 years in the profession, there can be a reluctance to retire. If you’re no longer an “appraiser”, “Chief Appraiser”, “owner” or “MAI”…who are you? Somewhere along the way, it became an identity. Someone asks, “What are you going to do when you retire?” You say, “Golf,” […]
The 5 Comps That Determine Your Career
Spend your time around people with the same clients, same complaints and same definition of success, and eventually their ceiling becomes your ceiling. So if I were building a professional comp set, I’d want five people. The Veteran. Someone ahead of you. Your professional sensei. Not necessarily older. Just further down a road you want […]
Experience Has an Expiration Date
I used to talk a lot about “change” inside my company. We need to change this process. Change how we think. Change how we work. I eventually realized that change is a terrible sales pitch. It sounds like work. Worse, it sounds like an accusation: what you’re doing today is wrong. So I’ve started replacing […]
The Weird Law That Explains AI Impact on Appraisers
What happens when valuation becomes dramatically easier to produce? Jevons Paradox from 1865, says when technology makes something cheaper or easier, people don’t use less of it. They use more. A LOT MORE. Computers got cheaper, so we put one on every desk and eventually in every pocket. Email didn’t reduce communication. It multiplied it. […]
“I’ll Be Happy When…”
Happiness isn’t in another place. But this place. Not for another hour. But this hour. We waste so much of our life. This gift that was given to us. We worry about our futures. We dwell on our pasts. We make great plans but often don’t see them through. This is the life we are […]