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What is a regression tool for appraisers? In layman’s terms, it is a way to take statistical data and boil it down into a readable format. It is one thing for an appraiser to say the market is decreasing, increasing or stable, but can they support that comment beyond a gut-feeling? Regression ana...
With the downturn in the mortgage lending world, many appraisers are scrambling for more non-lender business. One aspect that is appealing to some is that of Expert Witness Testimonies. Many trials or depositions need a real estate appraiser to perform expert witness services. This can be a fun a...
Let me begin by stating that I hold both a Bachelor’s degree and a Master’s degree. I do not state that to get the adulations of the reader, but to qualify myself as one who can speak with at least a small degree of authority on this subject. Let me also be fair in stating that I loathed school. D...
One of the aspects I love most about appraising is that every day is different. I inspect an average of 3.25 houses per day. Since every house is different, every day is unique. Despite the variety we enjoy, I have also recognized that, though the setting varies each time, there is some repetitio...
Last time, we talked about tablets and which ones were best for appraisers. The other question that is frequently asked of me concerning Mobile Appraising is that of laser measuring devices. As you know, there are many of them on the market. You can go to Home Depot and pick up a laser for around...
We just wrapped our first, Go Create Some Value, Two-day Workshop in Salt Lake City. Fourteen hours of positive instruction, plenty of appraiser interaction, and a whole lot of fun! But, what was most surprising to me was the difference in the attitude and caliber of appraisers in attendance. I have...
