Blog
As I teach principles of prosperity and share things with you that have made my appraisal business more successful, I often don’t talk about the many difficulties I’ve faced along the way. There are a couple of reasons for this. First, I have found that when I am optimistic, I tend to...
Inspections can occasionally get embarrassing, right? It happens to all of us. That's just part of the appraisal business. But that does not make things any easier or less embarrassing, does it. Let me tell you three stories.
First is the house with the unique basement....
The Appraisal Foundation recently announced that they are lowering their standards for appraisers to get their appraiser licenses. Prior to April 30, 2018, licensed general appraisers needed 2,000 hours of experience over the course of a minimum of twelve months. As of May 1, 2018, this has now...
Since we spend so much time in them, let's talk about your appraisal vehicle. How organized is it? Does it make you more efficient? Does it help you create value for others? Is it an appraisal tool, or just another thing that's part of your stuff?
Let's start with your computer bag....
How do you reconcile between the value indications of the three approaches, or even between the range of value indication in even one approach? How you answer this is important since SR1-6 calls for us to answer both of these questions as part of our reconciliation.
USPAP has no specific...
There is a problem that I would guess most appraisers run into on a somewhat frequent basis. Imagine the following scenario (it probably won’t be too hard since you have likely encountered something similar): You do an appraisal for Client A. Somewhere during the loan process, the loan is...