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Do Third Party Inspectors Violate USPAP amc-alternative-agents-appraising Nov 03, 2017

It was recently brought to my attention, by a reputable appraiser I might add, that the use of third-party inspectors may be a violation of USPAP.  Or more specifically, that an appraiser relying on a third-party inspector for information (without knowing their name), may be a violation of USPAP.  F...

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Hiring a Virtual Assistant for Appraisal Help trainees-employees-mentors-appraising Oct 20, 2017

One of the things I get questioned about most often by my fellow real estate appraisers is my use of virtual assistants (or ‘VAs'). It’s common knowledge in the industry that I use VAs, and I tend to get the same few questions over and over again: ‘why do you use them’, ‘how do you do it?’ and ‘is i...

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Do You Need an Appraiser Driver? technology-mobile-website-socialmedia-appraising Oct 10, 2017

Anyone who’s followed me for a while knows that I have three main aims. I want to help real estate appraisers make their business more efficient, more effective, and generate more money.

People almost always assume that making more money relies only on cutting costs. This is completely inaccurate....

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Get Out Of Your Appraisal Cave lifestyle-goals-future-slow-appraiser Sep 30, 2017

A little while ago, I attended the annual AI (Appraisal Institute) Conference in Texas. It wasn’t my first time there, but I was still struck by just how few of the attendees were residential appraisers like myself; the vast majority were commercial.

A fellow residential appraiser had noticed the s...

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When To Pull Comps; That Is The Question inspections-reports-values-photography-appraising Sep 20, 2017

Here’s a question I get asked pretty often, both online and in person at my real estate appraisal workshops: ‘Should I pull my comps before or after the appraisal inspection?’ Well, the answer is… it depends. What it depends on, primarily, is whether or not you have the right setup and system in pla...

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Can You Use the Subject as a Comp? inspections-reports-values-photography-appraising Aug 20, 2017

To keep my finger on the pulse of the real estate appraisal community, I like to check in on Facebook groups dedicated to our profession. A little while ago, I noticed that the same question was coming up over and over again; ‘can you use the subject as a comparable sale?’

subject as comparable appraisalWhen you work in a big, ...

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