Appraisers get a lot of things right except introducing ourselves
As appraisers, we get a lot of things right, but we often fail on how we present ourselves. “I’m an appraiser” is a one-dimensional description that limits your respect, income potential, influence and relevancy. Communicate your value with clarity. We know how to order, create and review appraisals like nobody’s business. We’re the best at […]
What to look for in an appraisal management platform
The best way to determine the productivity impact of an appraisal ordering platform is to talk to chief appraiser peers. The personalized experience of implementing a new workflow system provides context for the day-to-day challenges of an appraisal department. Asking lots of questions from your peers provides context of how you can use the system […]
Remote appraisers, not what you think
Many appraisal managers and appraisal firm owners’ careers might be damaged by staying with the same leadership playbook. It’s a mistake to think you can succeed by hanging on to a traditional office model expecting them to work in a remote form. The problem? Many appraisers are like outsourced Upwork labor, working remote but distant. […]
Up your appraiser game with scoring
Commercial appraisers lament about doing bank work. I’m not sure why. Often it represents 60% of the total sales volume of a typical firm. Yes, they have reviews. Yes, the fees are competitive. A more productive mindset would be to serve them better. It may come to a surprise for some appraisers that your bank […]
Act your wage
The No. 1 fear for many appraisers is making a mistake. A reviewer catches a mistake in your report that has a substantial impact on your market value conclusion. “I can’t believe the report went out like that.” As an appraisal manager, the lender calls very angry about the “low value” and you have to […]
Roll the dice on inflation
Has your appraisal volume spigot turned off? A hard stop? What about your personal stock investments? Tanked? Own any crypto? Oof. Who really understands the impact of inflation and interest rates on real estate? Appraisers do, but what about investment alternatives? Inflation and real estate alternatives The following are some thoughts from my financial planner. […]
