What Appraisers Should Do When Work Is Slow
Now that lender appraisal work pipeline is down to a trickle, appraisers are again eating their young. Panicking, dropping fees to unsustainable levels. Worried about keeping their appraisers and reviewers busy. It’s a normal reaction to a slowdown, but there’s lots of alternatives. Find your energy, motivation and take the time to improve. Challenge yourself […]
The Office Post Dunder Mifflin
Michael Scott, the regional manager of the fictitious paper company Dunder Mifflin, is the only one left in the office. Pam and Jim left the firm, got married and are now influencers. Dwight left for his TikTok side hustle, while Darryl, Stanley and Phyllis all work remote. The hybrid workforce has forced office property owners […]
Occupier Trends for Small Office Buildings Upend Expectations
Conventional thinking has it that the office market crisis has no bounds and that remote and hybrid work have disrupted tenants’ use of large and small buildings alike. Moreover, the prevailing view is that small cap office properties are not competitive with bigger buildings whose owners tend to make capital improvements and add amenities in […]
Reducing decision friction can lead to big gains for appraisal teams
We make decisions every single day. Some may be big (like choosing to implement new software) and some may be small, but decisions can have lasting effects on you and your staff. They can feel like a daunting task. They can seem overwhelming, complex and time-consuming. The reality is that’s just fear disguised as complexity. […]
Appraisers, Make an Impact
How would it feel to confidently know what would allow your organization to make the most of its resources and achieve the greatest impact with the least amount of effort? It would be amazing. As valuation professionals, we tend to be risk adverse, which shows up in our resistance to change. However, using this simple […]
New Law Makes It Harder to Sue Appraisers
The valuation industry doesn’t often get helpful legislation. Today we do. On May 2, 2023, the Florida Legislature passed HB 213/SB 398, which amends Florida Statutes to establish new time limitations for legal actions against real estate appraisers and appraisal management companies (AMCs). The bill provides an effective date of July 1, 2023 and Governor […]
