Blog
Can an appraiser complete a 1004D form (an Appraisal Update and/or Completion Report [Form 1004D]) if s/he did not do the original appraisal? A lot of appraisers ask this question. At first glance, you’d think the answer was “NO!”. How can appraiser-B update an...
You have heard me talk (a lot!) about Tier I, Tier II, Tier III, and Tier IV appraisal office skills. Now we're going to talk about Tier V office skills, which are a vision over the first three.
The person who occupies Tier I or Tier II basically has no appraisal skills because, at...
When was the last time you brought in somebody from outside your firm to help you solve an appraisal problem? Is that a step you should take? Aren’t appraisers supposed to be independent? Aren’t outside consultants and advisors expensive relative to the typical...
Should appraisers pay to be on an AMC’s approved appraiser list? Is this one way to get new clients? If an AMC solicited you, would you check it out? Now, I work for some AMCs that, frankly, you might not choose to work for. That’s fine. It’s a...
You never know what is going to happen in your appraisal office. There are just too many variables to be able to cover all of them all the time. So let’s look at the word triage. All it means is “the act of dividing into three.” In medicine, it means the...
I sometimes am criticized for hiring assistants outside of the United States. More specifically, I am criticized for paying my virtual assistants outside the United States 3-6 dollars an hour. I think there is an idea that I am exploiting them and treating them unfairly; when in reality, we are...