Today about 70–80% of all residential appraisals are ordered by appraisal management companies. In the 2015 National Appraiser Survey by the Allterra Group, 55% of appraisers said the majority of their work came from AMCs. With that volume of engagement, working with AMCs is almost…
Many appraisers are reluctant to hire trainees, often because they fear competition or they lack the resources. However, if you are overworked as an appraiser, the quality of your work will suffer. Hiring an active support staff can relieve some of that stress and,…
How is the appraisal profession likely to be affected by the recent hurricanes in Texas and Florida? More generally, can appraisers find ways to keep their businesses going, and maybe grow them, following catastrophic events of that kind? What does appraising after natural disasters…
If you’re starting your career as a real estate appraiser, what are you doing to build your reputation in appraisal? How can you make yourself known as someone others wish to do business with? Assuming you’re already a licensed appraiser, you’re ready to build…
It goes without saying that there are no simple and easy ways to deal with appraisal pressure, especially when it comes to standing behind your ethics. A major source of frustration for appraisers is the realization that clients do not have to follow USPAP.…
No matter what industry you’re in, when things get busy it’s easy to feel overwhelmed. It can seem impossible to get all of your work done with only 24 hours in the day. But there are some tried-and-true methods for eliminating the minutiae to…
Editor’s Note: Our recently published blog post, Hiring a Remote or Virtual Assistant: Can It Really Increase Your Earnings?, received several comments and questions about hiring a virtual assistant for your appraisal business. This article is a follow-up to that post to show how…
Social media has become more than just a way to communicate with your friends and family. In fact, 67 percent of adults now use social networking sites—a nearly tenfold jump over the past decade. For the savvy appraiser, the use of social media can…
Advances in technology have impacted nearly every single industry—some of which have changed drastically in the last decade. The real estate industry, and specifically the appraisal industry, are no different. Here are just a few ways that technology can help you scale your appraisal…
Drones are increasingly becoming a more common sight. From adventurers documenting their epic journeys to commercial real estate—there’s a myriad of uses and enthusiasts. The real estate industry has been quick to dive into this new and innovative technology, and appraisers are no exception.…
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