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As part of your appraisal business, how slowly should your hire? Ā How quickly should you fire?
Since we are human, we tend not to look at hiring someone to fill an important position until we are so inundated with work, so far behind the eight-ball as it were, that we make the position of hiring s...
How much credit should we give ourselves when it comes to making adjustments? Making adjustments is controversial. USPAP says nothing about adjustments - it does not require us to make them. They are a GSE construct. So, should we real estate appraisers stop making adjustments? Clients pay us for op...
In both your appraisal business, as well as your life, are you focused on the fluff and the crap? Ā Do you major in minors? Or, do you focus on, do you accentuate, do you prioritize the positive, the important, the relevant?
Essentialism by Greg McKeowan is well worth your time and effort. Itā€™s a gr...
No, I am not talking about USPAP, confidentially, or unbiased value evaluation. While these are all important, I am simply talking about doing what you say you will do as an appraiser. Trust is a fundamental principle when it comes to business, and if your clients cannot trust you, it is likely that...
It can be hard to know exactly what to tell a borrower sometimes in an inspection when it comes to repairs. For example, if you see chipping and peeling paint in an older home, and it is an FHA inspection, do you let the homeowner know that there is a good chance that their lender will ask them to r...
There was a point when I was seriously considering the possibility of moving to Belize. I live in a cold climate so the prospect of living in a warmer area for at least part of the year appeals strongly to me. However, after visiting Belize, I quickly realized that - while I love the country - I per...
