What a newbie needs is straightforward. A mentor. A supervisor. But, as most newbies know, getting one can be difficult. In fact, getting one may the the hardest part of becoming an appraiser. So, let’s talk about this. Let’s see if we can narrow down this challenge to some more manageable. Take a huge challenge, […]
What a Newbie Needs to do! – TAA Podcast 053 Read More »
Scope of work!? Doesn’t the boilerplate on the reporting form cover that? In truth, yes it does. But that may be its biggest problem. USPAP says your scope must be property and assignment specific. So, how can boilerplate be property specific? It can’t. See, that’s the problem. Boilerplate can’t know what you did or did
Scope of Work! – TAA Podcast 052 Read More »
“Write it backwards?! What can that possibly mean? Tim, I have enough trouble writing my reports in the regular way! Now you want me to write my reports backwards? Please, Tim, would you share with me whatever it is you’re smoking?” Really, its not a secret. True, it seems logical to write an appraisal report
Write it Backwards?! – TAA Podcast 051 Read More »
Am I the only one who thinks Ted Geisel (aka Dr. Seuss) was one of the great moral philosophers of the 20th century? He wrote so much about the ethics of excellence. The Cat on the Hat teaches about moral responsibility. Green Eggs and Ham teaches us about the ethics of change when, maybe, we
The Ethics of Excellence – TAA Podcast 050 Read More »
Bias in an appraisal?! You may not realize it. There is the possibility of bias in your appraisal and your appraisal report. How so? An appraiser is competent, independent, impartial, and objective. OK, so what’s the problem with bias? According to the experts, there are at least 180 types of bias. We appraisers can engage
Bias in an Appraisal!? – TAA Podcast 049 Read More »
“Support my opinion? Why?! It’s an opinion, not a fact!” It is true that we appraisers are paid for our opinions. What a way to make a living, right? Yet, there is an opinion that is little more than a wild-ass guess. Then there is an opinion based on facts. An appraiser’s professional opinions should
What Do You Mean I Have To Support My Opinion? – TAA Podcast 048 Read More »
This is where you need an expert. You’re already an appraisal expert, but you know nothing about how to respond to a complaint. Your business plan may be perfection. But responding to a complaint is not part of the typical business plan. You may have killer appraisal software. But software alone won’t help you with
Things You Shouldn’t Say – TAA Podcast 047 Read More »
Do appraisers create value. There are some who think we do. There are some who think we can. As if we wave a magic wand and – poof! – value results. We know that’ just not true. At lease on think-tank study concludes we can create value in minority neighborhoods merely by appraising those properties
Do Appraisers Create Value? – TAA Podcast 046 Read More »
When it comes to the 1004 form, we all know its hard to use. But its all we have, so we overcome its limitations and do our best. When it comes to analyzing the subject’s neighborhood, Fannie Mae asks us to answer 36 questions. Yes, there is not enough space on the form. We must
The 1004 Form is so Poor… – TAA Podcast 045 Read More »
So, what is the beauty of the income approach? It probably is not in concluding a market value. More likely, is that (a) it helps the appraiser with a highest and best use conclusion, and (b) it may help to extract from the data the quantity of an adjustment. It will also help the appraiser
The Beauty of the Income Approach? – TAA Podcast 044 Read More »
