Many commercial fee appraisers are currently turning down jobs. They’re reducing their coverage areas. Cherry picking the easier jobs. Increasing fees. That’s the case in July 2021. Many chief appraisers and appraisal managers have...
“I work hard creating my appraisals; it frustrates me when reviewers ask for a bunch of revisions for a low fee.” – commercial fee appraiser. “It’s hard enough to manage high appraisal volume; today I have to deal with lender push...
Bad habits can show up as long hours at the office and weekend work. Good habits, software and well-implemented processes equals vacations. Most fee appraisers and chief appraisers haven’t had a vacation in what feels like forever. Overworked. Under...
Create an engaging culture
Most commercial fee and bank appraisers operate solo. Many work from home. The lack of interaction with others diminishes the long-term happiness of working on the valuation side. Talking with your co-workers can significantly...
Commercial evaluations are like alpacas. No one really knows for sure what to do with them. Do they produce eggs or milk? Are they yummy to eat? Can they move heavy things like camels? The real answer is they’re fiber animals for annual shearing....
As a commercial fee appraiser or chief appraiser in a bank, what’s the answer to the question, “What value do appraisals provide? Some might answer, “Because we have to order them.” But there’s a reason “you have to.” Usually...
