Working Hard but Going Nowhere
The life of appraisers is undoubtedly challenging, as we face mounting pressures from various angles. Things like acceleration of declining number of appraisers, finding good reviewers, regulatory audits, ROVs, bias claims and so on. Though work has slowed, appraisers often feel trapped in a cycle of endless work, limiting their ability to make significant strides. […]
Appraiser Critical Thinking: How to Spot a Fake Mona Lisa
More than 50% of chief appraisers, reviewers and commercial appraisers from my informal survey thought report quality declined in the past 10 years. They say appraising is an art. But just like art, there’s amazing work and “meh” work. Some appraisers rely on external reviewers to fix their art. Houston, we have a problem. Curator […]
Thinking about retiring from appraising
With the current bank slowdown, many in the valuation field are considering retiring. In the past, retiring meant taking less jobs but not a full stop. Does green golf courses or fishing on the bay in your center console boat sound alluring? Maybe it’s thoughts of getting to all those house projects. Or finally taking […]
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 […]
