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As I have worked with appraisers, I have noticed a common fear that computers and algorithms will eventually replace appraisers altogether. I can understand the fear especially as technology is becoming more and more advanced. To some extent, big data has already replaced appraiser roles, but I beli...
I remember a time when I lived from paycheck to paycheck, and I worked 60 to 90 hours a week. Much of my life was lived out of fear. Fear that I would not be able to make ends meet and provide for my growing family. I lived like this for the first twelve years of owning an appraisal business. It was...
How often do we appraisers get into the mode where we think we know it all? Occasionally, do we need to step back and look at the way we do things, just to make sure we are not missing something?  Is what we know to be true and correct really true and correct? I raise this issue relative to the ...
Clients sometimes ask me to do things that are not in my normal course of business.. Keep in mind that this blog is not referring to things of an immoral, unethical, or illegal nature. Of course, if it is wrong, then you should refuse to do it in a professional manner. I am also not talking about al...
Here are some thoughts on something I know nothing about, but want to get some answers. Â How does the ADA (Americans with Disabilities Act) affect real estate appraisers? This act exists to help those with disabilities to have the same advantages of those who do not (at least as much as possible). A...
Just what is our role as appraisers? Are we statisticians or analysts? First, either of these would apply only to what I call a “Tier III appraiser,” since statistics and analytics are not for the beginner, nor the appraiser who is not comfortable around numbers, as well as the ways numbers can int...
