We’re Way More than a Legislative Fiat
There’s a peculiar inertia in the world of valuation. It’s a world governed by ritual, the same HP12C, the same appraisal format and the same education. The valuation space struggles to be motivated towards entrepreneurial attitude, new tech and process. Our world moves at a glacier pace, while the rest of the economy hurtles forward […]
Fall in love with the problem
How aligned are you with your core purpose? Start with the problem, not the solution. A Chief Appraiser’s Problem Bill, a Chief Appraiser at a $25B bank, struggles to run his appraisal department the way features-it’s provider slow to provide custom configurations. Never Got Around to It A commercial fee appraiser from Austin, Derek, is […]
Hoping Remote Work Goes Away Isn’t a Strategy
No bank wants the keys to office collateral. How do you reduce special assets/REO/workouts? Consider a strategic response and provide next-level relationship banking. Now’s the time to help your office borrowers with consulting. Your RMs have the time. Sweating Over Office Loans? Trying to get a bank loan on an office building today is a […]
The Comfort of the Known vs. The Promise of the New
Some Chief Appraisers are nervous that they might get fired if they switch their appraisal management platform. No Chief Appraiser has ever been fired because they chose YouConnect. My promise? “I will personally give you half your annual salary if you get fired due to YouConnect not performing.” Why am I so confident? Legacy platforms […]
The Glances Effect: A Digital Transformation Story
Riverstone Bank is struggling. Their efficiency ratio declining. Expenses as a percentage of revenue are increasing to an uncomfortable level. The fix – digital transformation with simplified integrations. Data is the new oil, but connecting to siloed legacy platforms is the pipe. Having a unified view across the Fiserv, Jack Henry, FIS, nCino, Abrigo, Salesforce, […]
The Comical Chronicles of a Chief Appraiser: Environmental Risk Shenanigans
Enjoy this guest blog by Andrew Bailey, REM, CSRP, President of ECA Risk Management. Our industry has long been aware that environmental risk can have a substantial impact on determining the appraised values of real estate. It’s essential for banks, investors, property owners, and, yes, regulators, to understand these impacts. But let me tell you […]
