What do technicians, mechanics, and engineers have to do with USPAP and Real Estate Appraisal? Maybe nothing. But, at this point, it is easiest to conclude that a technician is one who knows that something should be done, though not necessarily how, when, or why. Technicians, mechanics, and engineers understand there is a process involved […]
Technicians, Mechanics, and Engineers – TAA Podcast 144 Read More »
One of the purposes of this podcast is to make you mad. Another is to open your eyes to the power the analytics of the cost approach have to analyze sales. Another is to anger you. About what? About the depth of its questions and what is likely to be the shallowness of your answers
To Make You Mad! – TAA Podcast 143 Read More »
There are two steps to the adjustment process. First is to ascertain the market recognizes any specific adjustment. Then, measure the market to determine the quantity of the adjustment.
USPAP for Great Advice! – TAA Podcast 142 Read More »
When you think of USPAP and the State Board, chills run up and down your spine, right?
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USPAP and Functional Obsolescence?! You ask, “Tim, haven’t you covered this topic here on the podcast, as well as a bunch of other times, places, venues, and symposia?” Yes I surely have. But that was the other functional obsolescence. Today, on this podcast, I’m going to talk about the true functional obsolescence. Yes, the functional
USPAP and Functional Obsolescence – TAA Podcast 140 Read More »
There are some of our appraisal fellows whose grasp of the concept USPAP and Competence is yet to be as strong as it could or should be. In a 15-ish minute podcast, it is simply not possible to look into this subject with any depth or conviction. So we won’t. But we will look at
USPAP and Competence – TAA podcast 139 Read More »
This podcast sports a metaphysical title. “USPAP: Questions and Reflections”. Why this title? Who in their right mind wants to think about USPAP? B-O-R-I-N-G! I’ll concede that point. But somebody has to think about it. And, as a USPAP instructor, I get paid to think about it. Really, I get paid to teach it. But
USPAP: Questions and Reflections – TAA Podcast 138 Read More »
USPAP and the Public Trust is a topic we appraisers do not address all that often. Perhaps we should, since there is confusion on the issue. At the base of this confusion is the fact appraisers think our job is to protect the public (i.e., the buyer, the lender, the client, the borrower, etc). In
USPAP and the Public Trust – TAA Podcast 137 Read More »
When it comes to USPAP and written reports, the response of the typical appraiser is to stifle a yawn. “Who cares about writing reports? We just fill in a form, send it to the client, and hope it does not come back for revisions!” But, adding the narrative addenda items to the form is report
USPAP and Written Reports – TAA Podcast 136 Read More »
When you think about USPAP and ROVs (Reconsiderations of Value), gentle and peaceful thoughts are not what come to mind. Somebody wants you to reconsider your value conclusion. That is a gentle way to say, “I think you’ve made a mistake!” But let’s face facts – we all make mistakes. And given the state of
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