Editor’s Note: In Part One, Bob Bell, MAI (retired) explains how appraisers can convert residential form reporting assignments to higher-paying consulting assignments with just a little know how. “Many of our appraisals should be labeled appraisal consulting reports, since they give a market value and solve problem questions in the Highest and Best Use section...…
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Editor’s Note: While coping with too much business is not a problem for many appraisers at this point in the business cycle, these valuable tips will help you work harder and smarter. $300,000 a Year Appraising Revisited (again) Joe Paris, IFA, GRI I read the Readers Response to the $300,000 a year appraiser in the…
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Editor’s Note: Who would have guessed that the Cost Approach would stir such emotions among appraisers nationwide? WRE received a sizable and emotional response to Cost Approach: Why Sidestepping it Can be Costly (WRE Online, Vol. 9). Significant Change to Cost Handbook by Marcos Campos, MAI, SRA A small change was made on page two...…
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Making AMCs Work for You by David Brauner, Editor Here’s a story about one appraiser who makes working for AMCs work for him. Many appraisers choose not to work for Appraiser Management Companies (AMCs) because, they complain, the top priority of AMCs is getting appraisals fast and cheap– with quality a distant second. This story...…
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Defensive Appraising in a Declining Market By John Lifflander, ASA As market conditions continue to decline, appraising has become more difficult and potentially perilous. Consequently, it has never been more imperative for appraisers to prepare reports in a way that will hold up to meticulous scrutiny. Properties that are selling or being refinanced now may...…
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Working RE Announces New Interactive Digital Edition Greater Access to Information/Save a Tree! By David Brauner, Editor WRE Working RE Magazine (WRE) announces a new interactive digital edition hosted online, including unique features such as zoom in/out, page-flipping, advertiser “hot” links and more. WRE is now available in an interactive format in its entirety at…
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Readers Respond Making $300,000 a Year Appraising To complete 1,000 residential appraisals a year, that is 2.74 reports per day, 365 days a year. It is not humanly possible for one person to inspect that number of homes per day, every day without fail and prepare a complete error-free report. There are just too many variables-…
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“My email account is changing and I don’t want to miss any editions, so please update this info. in your system. Thank you.” – Niki Tippets Appraisal Services, Riverton, WY WRE Online: Keep Current, Save Money Now for Inspectors Too! Appraisers and now inspectors can stay up-to-speed on industry news, marketing and business-related developments (free)…
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Director’s Message What’s Bad is Good? Echoing the story Bad News is Good News, current market troubles may have a silver lining for appraisers. Bad News talks about the flood of REO/foreclosure business appraisers are enjoying in certain markets as a result of the current real estate troubles. It explains REOs and how to find…
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New Qualifications/USPAP Explained by David Brauner, Editor If you’ve been busy making a living, perhaps you missed or forgot that important changes to appraiser qualifications and to the Uniform Standards of Professional Practice (USPAP) took effect January 1, 2008. Here is a brief overview of the changes with rational provided by John S. Brenan, Director…
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