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Did you go on a snipe hunt as a child? Did your friends play this trick on you? We've probably all been on a snipe hunt, so we've all learned that, though there is a bird called a snipe, a snipe hunt is basically a practical joke. How is this a practical joke? You spend a lot of time and a lot of ef...
We do not have much data from sales during C-19 yet. But are there other ways to determine how the pandemic will affect the nation’s real estate markets? And sometimes, change happens so fast, we have to react equally fast. Â
How about the listings in your market? Is their absolute number up or d...
Are appraisers professionals? During these convoluted times of C-19 it is likely we will need to modify to some extent the way we do business, but must we modify our professionalism along with the way we practice real estate appraisal? I submit to you we do not. Let me explain why.
For some reas...
In talking with Tim Andersen, a USPAP instructor and long-experienced appraiser, I was reminded that, even in the time of C-19, USPAP applies, and appraisals must still be credible. Reports must still not mislead. USPAP has never required the appraiser to inspect the property. That is a lender co...
What are we supposed to do about inspections during Covid-19? There is all sorts of conflicting data about inspections, for example, but there is no requirement for the GSEs coordinate with each other on when to inspect and when not to inspect (so they don’t). But before we get into any details, I...
As I talk with other appraisers and read online forums, I am often saddened by what I hear and see. Many appraisers appear to be unhappy with their profession, and this perspective has to affect their personal lives as well. Whether you fell into appraising or actively pursued the profession, you ar...
