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Tim Andersen, a personal friend and highly qualified and long-experienced appraiser, and I spoke on the proper training of appraisers. Tim's conclusion was that appraisers' training was lacking, was incomplete. While appraisers' basic training consisted of learning what to put in the many boxes and...
It is important that you become known locally as an expert. Local attorneys, accountants, lenders, real estate agents, should know that when it comes to real estate values, you are the expert; you are the one they should be contacting. This is especially true during the tenure of the COVID-19 pandem...
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.
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...
