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Protecting Against Embezzlement in Appraisal Office Delegation trainees-employees-mentors-appraising Apr 10, 2019

Many of you know my method when it comes to delegating in my appraisal business and even in my personal life. I first know what I am worth per hour; meaning, I know how much I can make per hour. I will then delegate anything that I can pay someone else less to do. For example, if I can make $300 per...

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Hire Slowly and Fire Quickly trainees-employees-mentors-appraising Apr 02, 2019

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...

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Should Adjustments Actually Be Done? inspections-reports-values-photography-appraising Mar 26, 2019

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...

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Practice Essentialism in Appraising successful-volume-appraisal-business Mar 19, 2019

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...

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Appraiser Integrity lifestyle-goals-future-slow-appraiser Mar 12, 2019

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...

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What to Tell Borrowers in an Appraisal Inspection inspections-reports-values-photography-appraising Mar 05, 2019

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...

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