In the last year, I’ve noticed a troubling trend: more and more appraisers are receiving revision requests tied to potential loan buybacks. At first glance, these look like routine revisions—fix this, clarify that—but make no mistake: these are red flags that demand your full attention.

Here’s the ...

Have you ever received one of those letters that makes your heart drop? The ones that seem to carry more weight than your usual revision requests or complaints? I recently had one of those moments. At first, I thought it was just another revision request, but as I read between the lines, it became c...

Can you do a rental schedule on a property that you have not appraised? This was a question recently asked in my closed Facebook All-Stars group. Within this private group, we have a couple of hundred appraisers that really enjoy being able to talk with other appraisers. It’s kind of a virtual coffe...

When was the last time you brought in somebody from outside your firm to help you solve an appraisal problem?  Is that a step you should take?  Aren’t appraisers supposed to be independent?  Aren’t outside consultants and advisors expensive relative to the typical appraisal fee?

Recently I had an a...

I recently discovered some interesting information regarding errors and omission insurance for employees. I am hoping that by sharing this information, I will be saving some of you time and money regarding the subject.

I currently have a licensed appraiser who works for my company. As his employer,...

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 ...