Optimistic appraisers do better
As an appraisal department manager, why are you so worried about lender push back? If worrying has so many drawbacks, then why do you do it? A pessimist describes the state of mind of someone who always expects the worst. A realist is a person who can look at things as they are and deal with it in a practical manner. The […]
You’re hired!
“You’re hired” are words rarely spoken in the valuation space. As commercial fee appraisers or appraisers in banks, we definitely can use the help. We’re all so busy. The appraiser shortage has officially started. It’s all about them Typical ads to hire an appraiser talk about what we want, not what they want. Many ads spell out employer needs – excellent writing skills, proficient […]
You’re closer now than you’ve ever been
Many of us have been creating, ordering and reviewing appraisals for years if not decades. Are you close to the finish line of implementing workflow software that gives your appraisal department a runner’s high? Runner’s high is a deeply relaxing state of euphoria, a sense of extreme joy or delight. Does your current appraisal workflow platform give you joy? A goal to consider is to significantly improve your productivity, moving […]
Appraiser leadership, how’s it going?
Are you at your breaking point? As appraiser managers or firm owners, we often work 10 hour days, but yet we don’t have time to get our work done. Does this sound familiar? Maybe it’s our leadership style that’s the problem. Where’s your appraisal department or firm going? If you don’t know, your people don’t know. You’re responsible. No one else. You. Paint the vision. Can you feel the outcome? Our […]
Appraiser Bias Narrative
You’ve probably have heard what happened. An interracial couple orders a residential appraisal in Jacksonville, value comes in at $330,000 for the black wife and $465,000 for the white husband. Different appraisers, same bank, different comps, different outcome. Do we have all the facts? No. I’m of course on the side of appraisers and fully believe this isn’t a systemic problem, but again it doesn’t matter what I think as an appraiser. What […]
Abundance of Caution
As a fee or bank appraiser, is your productivity lagging behind your peers? Are you stuck at a red light? USPAP defines Appraiser’s Peers as: other appraisers who have expertise and competency in a similar type of assignment. Does that include business productivity expertise and competency? Appraisers as risk management professionals tend to be risk […]
