Appraisers and Data Integration: The Vital Pipelines
Appraisers undervalue their worth. The bank C-Suite is largely unaware of the market knowledge depth of their own appraisal department. Their approved appraiser vendors are top-notch. Both are integral to the stability of the real estate industry. Like oil pipelines that fuel our industries, appraisers channel the valuable information banks need to make informed financial […]
Don’t Be a Floppy
Where were you when you first used rub on subject arrows in an appraisal? How about using double-sided sticky tape to apply subject photos in hard copy reports? Microfiche. Ugh! These three processes seem insane to an appraiser in 2024. Then why are so many appraisers reluctant to invest in modern technology? Some Chief Appraisers […]
The Script in our Head: Re-writing the Story of “Not Enough”
For a long time, I’ve had thoughts of: “You’re not good enough. You’re not interesting enough. They’ll see through you eventually.” Many of us have these thoughts – persistent whispers in the back of our minds. The narratives we create about ourselves that shape our reality. These thoughts are wrong. This story, likely born from […]
Glances: Bridging the Trust Gap in Banking
Let’s talk trust. Not the warm and fuzzy kind, but the kind regulators demand – the kind that keeps the FDIC and OCC off your doorstep with their clipboards and furrowed brows. In banking, trust boils down to risk management. You’ve got policies, procedures, a mountain of acronyms (KYC, AML, BSA, anyone?), but how do […]
Stuck in Neutral: How One Bank CEO Found the Gas Pedal
Thomas Weller is a seasoned CEO of Union Gateway Bank. He’s predictable as the sunrise. Under his leadership, Union Gateway had earned a reputation for its conservative approach, boasting stability and consistent growth. However, this conservative ethos was a double-edged sword, especially as the tech world around them accelerated. Union Gateway, like many longstanding institutions, […]
From Frustration to Fulfillment, A Kaizen Story
Steve is a Chief Appraiser of a $40B bank in the Southeast. He deals with FDIC audits, ROVs and gets pinged by his RMs. He’s got a lot on his plate – strategic planning, quality control, vendor management, risk management and stakeholder communication within the appraisal department. Steve’s tired of his entrenched inefficiencies with managing […]
