Get out of your appraisal silo and grow a pair! A new pair of skill sets! A pair if new books of business! A new pair of clients! Whatever! But get out of your GSE mindset and grow a pair!
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Appraisers, change is inevitable. Are we going to adapt to that change or, for are own benefit, are we going to demand the status quota continue? If we are not keeping up, we are getting left behind!
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Appraisers must stand up and stand tall to stand out!
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USPAP and What’s Omitted? What does that mean? Really, we mean what’s omitted from your appraisal and report. It is true, you should omit very little from the appraisal, as well as from the report. Why? A sale is not a comparable sale unless it has the same highest and best use as the subject.
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Really! It’s OK to use the pending purchase and sale contract as a comparable on the sales comparison approach grid.
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USPAP and expanding horizons. Now that the appraisal business is slow, it’s time to expand your horizons. This means taking steps you have never taken before. It means engaging in activities in which you’ve never engaged before. We will need to adopt a mindset we have never adopted before. In other words, it means change. Appraisers
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USPAP and three questions? What does that mean? It means that, in this podcast, we are going to tackle three questions. They are questions appraisers constantly ask. This consistency means that these answers are not cast in stone. That is a shame. Therefore, we’re going to answer them in a manner that is applicable to
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USPAP and (un)intentional omissions? What does that mean? Unintentional omissions makes sense. But why would an appraiser intentionally omit something? And that’s the question. Why would the appraiser intentionally omit the analyses of the cost approach from the appraisal? And why would the appraiser intentionally omit the results of those analyses from the report? These
USPAP and enough iterations. What does that mean? Really, it relates to what is in your workfile. Or, what is supposed to be in your workfile. OK, what is supposed to be in the workfile? Everything. But that answer is too general and too ambiguous really to mean anything. Let’s see if we can be
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USPAP and the NICK. What does that mean? Has a reviewer ever told you some part of your report was not right? Gave you a hard time on it? Told you to re-do something? That’s the nick. But there is help! There are ways to avoid the nick in the future. Read on! When we
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