Best practices for commercial real estate appraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Lori Noble, SRA ARCC Mission to Uncover Appraisal Control Fraud * The importance of consumer protection in the appraisal process *GSEs' attempts to minimize the use of appraisals and undermine their independence *Lori serves rural Appalachia * Cindy Chance's leadership and messaging created momentum…which was abruptly lost with her departure * Appraisal bias has been proven not to be a systemic issue Watch on YouTube https://youtu.be/a92Mw45rQY0 Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #Youconnect#Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Ryan Zink, MAI, Senior Managing Director - Valtrust Key take-a-ways: * Valuation is the foundation of all things real estate * Brokers and appraisers with CCIM and MAI more sophisticated * Push back against commoditization * Remote model can result in higher company revenue * Win: quicker turnaround times using tech Watch on YouTube https://lnkd.in/eSZ-X5eW Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://lnkd.in/ekDuAtdv #Realwired #Youconnect #Datacomp #Glances #IndispensableAppraise
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Paul Rayburn, CNAREA, DAR of Aclear Appraisal & Data Analytics. • Tough Conversations we need to have: AMCs, Appraisal Bias and AI • Build relationships • Turn hard conversations into solutions • Lean into data science based appraising • AVMs taking up easy assignments, leaving complex jobs Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Watch on YouTube: https://lnkd.in/emjkx-MEwww.realwired.com #Realwired #Youconnect #Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Josh Moss, Certified General Appraiser. Key take-a-ways from their meeting: • Industry has lots of growth potential • Need diversity – different people with different ideas to grow the space • People would line up out the door if they knew about the field • Discord channel provides virtual appraiser community • Have a sense of morality – public trust Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. View our Podcast on YouTube: https://www.youtube.com/@realwiredinc1110 Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #Youconnect #Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Victor Torres, MAI, Principal at Bluemark Valuation Advisors. Key take-a-ways from their meeting: • Bring more brains to profession to do different things • Never going to be ready to start your own firm -take a chance • MAI is worth it, opens doors • Be more open to next generation who like different things • 3-5 days delivery for commercial is the future Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. View our Podcast on YouTube: https://www.youtube.com/@realwiredinc1110 Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #Youconnect #Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Chase Pursley, Founder at Appraisal Inbox. Key take-a-ways from their meeting: • Software entrepreneur with senior housing valuation expertise • The most successful appraisers find process to streamline • College requirement not necessary if self-motivated and resourceful • Connect with people who might want to go into appraising • Improve how we introduce appraisal education Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. View our Podcast on Youtube: https://www.youtube.com/playlist?list=PLv5WEG7qVaj7i-ff3AJi1pwGvCkT9wYrN Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #Youconnect #Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Nora Derian, MAI - Senior Director at Cogito Realty Partners. Key take-a-ways from their meeting: • Valuation industry needs PR overhaul. • Great researcher = Great appraiser. • Saying "Just an appraiser" is derogatory. • Younger appraisers represent a desirable different demographic. • Office culture is important for appraisers. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. View our Podcast on YouTube: https://youtu.be/RLwH_Q5N3CI Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #Youconnect #Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Michael Daniel, MAI - Managing Director at Integra Realty Resources. Key take-a-ways from their meeting: Seek higher-level education like Integra Realty Resources' talent with 154 MAIs + FRICS, MRICS, CRE, SRA, CCIM, and ASA. Raise your hand and promote valuation experts with marketing/blogs/pods/discussion panels/speaking engagements. We're uber intelligent professionals with great ideas. We see deals at every angle – be a professional that can add value with every step. Get more involved on the local and national level. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. View our Podcast on YouTube: https://youtu.be/8zftVHyrz3w Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #Youconnect #Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks, MAI - Founder, Realwired speaks with Justin C. Gohn, MAI, SRA, Owner of Gohn & Co. and OverseasElite. Key take-a-ways from their meeting: • Relying on legislative fiat to get work – a fragile business model. • Cindy Chance of the Appraisal Institute & Ron Oxtal – really an appraiser shortage? • Our biggest asset- our amazing people and body of knowledge. • Modernize education delivery system. • We're not solving problems due to our scarcity mindset. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. View our Podcast on YouTube: https://youtu.be/Bkgoh8ZMy0E Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #Youconnect #Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks, MAI - Founder, Realwired speaks with Richard Harris CCIM, GAA at Richard Harris & Associates, Inc. Key take-a-ways from their meeting: • Focus on technology and innovation (AI) • Standardize appraisals – unified comp databases • Improve on data accuracy and availability • Virtual remote inspections may become a reality • Property assessment insights • Attracting new Appraisers is critical Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. View our Podcast on YouTube: https://youtu.be/VsrbMdvROEc Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #Youconnect #Datacomp #IndispensableAppraisers
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks, MAI - Founder, Realwired speaks with Joe Mier, SRA, AI-RRS, RAAat Joseph Mier & Associates. Key take-a-ways from their meeting: • Appraising is a rewarding career – I still love what I do • Joe has trained 20+ appraisers in his career • Tech has brought residential appraisers forward • We do a good job on maintaining independence • Shortage of appraisers that really dig deep in market data Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com #Realwired #YouConnect #DataComp #Glances #AppraisalWorkflow #BankingSoftware #ReportWriting #IntegrationSoftware #VendorManagement #AppraisalManagementPlatform #AppraisalOrdering #AppraisalDepartmentSoftware #ChiefAppraisers #IndispensableAppraisers #AppraisalPodcast #AppraiserPodcast
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks, MAI - Founder, Realwired speaks with Carlo L. Batts, MAI atRittenhouse Appraisals. Key take-a-ways from their meeting: • We're making our industry obsolete. • We need to put the gloves on and not be pushed to the corner. • Fighting for relevance, be part of the discussion. • We're not proving our expertise to the industry anymore. • Modernize the commercial real estate report. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks, MAI - Founder, Realwired speaks with Tim Andersen, MAI, MSc, CEO, COO at The Appraiser's Advocate, LLC. Key take-a-ways from their meeting: • Appraisers bring service to their clients. • Education, make it longer more rigorous. • Contract yourself out to other appraisers. • Once you master a property type, you make more money. • There's a market for machinery and equipment appraising. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks, MAI - Founder, Realwired speaks with Kelly Davids, President at The Appraisal Foundation. Key take-a-ways from their meeting: Get engaged with other appraisers - join boards, foundations, grab a cup of coffee. Appraisers face perfection pressures. We need to develop consumer education products. USPAP shield protects appraisers from bias claims. We're the adults in the room. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks, MAI - Founder, Realwired speaks with Brendan Wewer, MAI, - Director of Valuation & Advisory at Commonwealth Commercial Appraisal Group. Key take-a-ways from their meeting: • Absence of new creation of small and mid-sized appraisal firms. • Human connection is key – young appraisers need it. • Synthesize big data will keep appraisers relevant. • Meet the client where they're at. • Appraisers are story tellers, AI technology can become a partner. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Brenda Dohring Hicks, MAI - CEO at Dohring Ahern. Key take-a-ways from their meeting: • Industry needs total revamp of education, focus on business. • Cindy Chance as an educator can be a champion of this movement. • Attracting younger appraisers requires technology, process and culture. • Appraisers need to be able to offer a lot more products than just “appraisals”. • Revamp the report format, stop filler boiler plate and talk to reader. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Mark Lowery, MAI, AI-GRS, CCIM, MRICS – CEO at LPA. Key take-a-ways from their meeting: • Appraisers finally catching up on technology • Enjoy being around your coworkers, get out of the office • Tailor your appraiser training • Invest the time on relationships, recruit at universities • PAL Act - The Portal for Appraisal Licensing Act Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Robert Clark, MBA, MAI, ISA, CBE – Former Chief Appraiser, Pacific Western Bank. Key take-a-ways from their meeting: • Protector of Credibility • Heuristic vs Algorithmic Thinking • Standardization has Benefited Valuation Industry • Work Diversification an Opportunity • Ongoing Regulatory Burdens Getting Heavier Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Michael Hobbs MAI, SRA, CRP, LEED GA - Founder & President at PahRoo Appraisal & Consultancy. Key take-a-ways from their meeting: • Appraisers know what they're doing – a win • We need greater experience of community • Professional development rather than appraising specific education • Work towards appraisers being more affluent • High growth profession if we develop the business aspect Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Leland Trice, SRA, FRICS - Managing Director at Opteon USA. Key take-a-ways from their meeting: • Appraiser independence improved with less pressures than the past. • Train with technology and results oriented culture. • Unnecessary arduous path to appraiser licensing. • Australia solved the same appraiser aging demographic problem. • We need more analysts not form-fillers. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Daniel Lesser, Co-Founder, President, & CEO at LW Hospitality Advisors. Key take-a-ways: • Specialize is key • It's all about relationships • Consider advocacy management • Predictive analytics • Brand as “Valuators” or “Advisors” not “Appraisers” Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with John Neet, MAI. They discuss the following topics: • Improve how we're perceived as a service • Are we a commoditized product or a profession • Elevate what you're doing as an appraiser • Diversify in non-market services • Double down on a specialty, be curious Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this Podcast Jeff Hicks speaks with Tony Pistilli, General Manager, Resb.ai. They discuss the following topics: AI Computer Vision for appraisers The freedom to offer services other than appraisals from a USPAP instructor Importance of training the next generation Technology is required to attract new talent Other fields adapt so can appraisers Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! 1. Learn why position statements are a management game changer 2. Onboard new employees setting out specific business outcomes 3. Obtain clarity with long term employees 4. Provide your employees with an avenue for pay increase 5. Take the emotion out of an exit interview Bonus: Improve your engagement letters with clarity Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! In this video, I discuss the martial arts concept of optimal state that can enhance our performance and productivity for fee and bank appraisers, lenders, personal health and personal relationships. I delve into the importance of self-awareness and striving for the optimal state to achieve success. Watch the video to learn more about this fascinating concept and how it can positively impact your life. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers - Appraiser Insider Tips from a Bank President. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! Learn the Playbook Framework, a game changer for appraisal firm owners and Chief Appraisers. 1. Loom It 2. Ownership 3. Cadence 4. Checklist Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! 10x your productivity, leading to fulfillment. Exhaust the Body, to Sharpen the Mind Vices Food As Fuel Self-Limiting Thoughts Protect Your Eyes and Ears Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! Throw away your commercial appraisal format. Start over with awesome design, amazing analysis, succinct format created with technology and supported by process. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Change the negative “bank work” mindset with 4D's framework – Define, Document, Demonstrate and Deliberate. Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! My conversation with Matthew Spratley, Certified General Appraiser | Commercial Real Estate Expert. Some takeaways: • Access to information and technology • Improving appraisal process • Overcoming analysis paralysis • Doing your own research • Improving appraisal challenges • Investing in the next generation of appraisers • Advice to the next generation on becoming an appraiser Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! My conversation with George Koiso, MAI - Worth Valuations. Some take-aways: Appraising - best place to learn. Peer groups - the value that good appraisers hold. Non-lender work - not feeling the downturn. Demand is there for those who can solve client problems. Biggest Challenge: fee compression. Experience attracting and retaining talent. Provide the next generation the same benefits. Grateful about the appraisal profession. Find ways to pay young appraisers more. Valuation very rewarding, a good career. Challenge: if over-qualified to start appraising, they would be overlooked. Potential future shortage of appraisers. Appraising is one of the most highly training-intensive professions. We need to solve the economics of appraisal. Appraisal Institute – from the top can help with marketing and branding. LinkedIn – stay in front of clients. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! My conversation with Charles V. Beyer, II, MAI, SRA, AI-GRS - Swift Real Estate.Charles Beyer's insights: The application of appraising over a lifetime is huge. There's a tremendous need for experienced, well-educated appraisers. Appraisers as being in the future are the tour guides through this maze of voluminous information. There's an opportunity but you have to pay your dues. I'm still working, not because I have to, but because I want to. The career itself is tremendously fulfilling on so many different levels. The onus is not so much on us, it's on them (the next generation). He was a chief appraiser for a bank, worked for a national firm, and had his own business and partnerships. It's all over the place. I've invested in real estate, just a tremendous opportunity career. Analogous story about BP's oil spill came back to BP not their subcontracted security and safety firms. Smaller banks are so hungry to know how to run an appraisal department. FIVA is a great way to have commonality since we're all facing the same type of issues. We can address those issues together and learn from one another. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! My conversation with Dr. Randy Flowers - RSDS Appraisal Diversity. Dr. Flower's insights: • RSDS was created to help try to solve the 30-plus year problem in the appraisal profession, which is a barrier to entry. • The current system right now lacks youth diversity inclusion of military service members. • We will have a labor shortage when the market turns around. • Right now the market's down 70%, but it won't take much of a snapback to feel that labor shortage. • In the last 3 years over 7,000 licenses are no longer with us, and that's a pretty steep decline. • This system has also created poor service levels, long wait times and issues for people trying to get appraisals. • As technologies come in, bifurcated products have come in, but the RSDS solution is to aggressively hire and train the next generation of professional appraisers. • Just broke the 200th appraiser in the company. We've graduated almost 45 trainees in the last year. • A lot of money going into lack of diversity - Chase $5.0M, Wells Fargo $6.M. • We've got to continue reestablishing trust in the financial sector. • New appraisers are shocked at how much technology still needs to be developed in the profession and access to the data. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
My conversation with Mitchell Simonson, MAI - Simonson Appraisal. Mitchell's insights: Appraisers provide incredible value in solving complex valuation problems. We help property owners understand valuation impacts. There's an opportunity to provide a higher level of service that owners need. We help negotiate fairly on the government side and provide the desired outcomes. The greatest challenge is being aware of the industry. Not all appraisals provide that same high level of value, that's a challenge. The appraisal profession has provided a few different alternative valuation options. You have to learn to embrace, pivot and find other valuation opportunities. There seems to be a stigma from other real estate professionals, throwing appraisers under the bus. We're striving to provide the highest level of value. We can't control that perception but we as appraisers can provide massive value in many different aspects. Reinvigorated to improve and thrive in this appraisal industry. Appraisers can build a lifestyle. A family trip story about how Mitch learned to be more intentional and build a life with vision. He weaves everything that he loves. The appraisal profession continues to provide an excellent lifestyle.
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? My conversation with Eric Enloe, MAI, CRE, FRICS - Partner Valuation Advisors. Eric's insights: • Valuation industry is winning at appraisers getting more specialized • We have met the market and there has been a client-demanded shift • There's work to be done getting young people in our industry • Valuation provides valuable background and fun • No better opportunity with valuation since it offers varied disciplines • Build the exposure of our industry • Lots of room for improving report formats, present data better • Better reports can provide appeal to a broader market • AI will have an impact on our industry • The number of appraisers may shrink with technology efficiency and productivity will go up and so should compensation • We need to: get more connected with the market • The “desk appraiser” meets scope of the engagement letter but not connected to the market • The appraiser “checks the boxes” but doesn't talk to market participants • Follow-up with clients, ask them about your report quality (lack of a phone call doesn't mean you did a great job) • Get connected with your clients • Change the perception of our industry as professionals – work to be done • Evolving market – people make decisions based on our appraisals • 10-year Treasury – is that being talked about in appraisals • Reputationally there's work to be done • How does subject fit in the market • Number of Tweets, a development feasibility story Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? My conversation with Katherine Owen, Chief Appraiser at Umpqua Bank. Katherine's insights: • Appraisers are winning at data and analytics • We are winning at addressing collateral risk • Embracing change is one of our biggest challenges • Regulatory framework, we need to consider how to best navigate all the different stakeholders in the industry • Numerous agencies and groups vying, but we need to bring them together into one voice • We need a Single Source of Truth to manage the oversite of the profession • We need to drive positive change • Appraisers are a very important piece of the lending and credit decision and will help better serve our stakeholders Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? My conversation with Blynn Beall, MAI, Chief Appraiser at SiteTech Systems. Blynn's insights: • Seeing individuals doing cool things • People who share knowledge are more successful • Hearing from chief appraisers moving away from the “race to the bottom” • Avoid complaining about client requirements • Adapt or be pulled off approved appraiser lists • Tell me a story and don't leave me hanging (with your appraisals) • Many appraisers feel isolated, our biggest challenge • Plug in, network, pick up the phone, relationship with peers Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? My conversation with Michael J. Pratico, Jr., CCIM, AI-GRS, MRICS, Chief Appraisal Officer at Columbia Bank. Mike's insights: - Wins in our valuation space – leverage technology to drive productivity - Data standardization - Workflow – ability to handle volume with less manual work - Our industry's greatest challenge is “US” - We need to set the record straight on appraisal bias - We left our seat at the table, lost some credibility - We're not great at telling our story – how we add value - Tech is a great opportunity - Leverage technology to increase hourly income - Bring in fresh leadership thinking - Drive the industry with diversity Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Show me your calendar and I'll tell you if you're being productive. Reacting to your inbox as a default productivity strategy can be detrimental because it shifts focus from proactive, goal-oriented work to constant interruption-driven tasks. This reactive approach hinders deep work, disrupts concentration and prevents prioritization of important strategic tasks…ultimately reducing overall productivity and effectiveness. Resist starting your day with a cup of coffee and Outlook (but do enjoy the coffee
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? A lot of appraisers feel trapped in the current valuation model. Listen to Craig discuss opportunities focused on being an expert by selecting a specialization. New opportunities can be created. Seek out education that aligns with a specialization that energizes you, whether you're new to the profession or established. Craig's discussion provides new tools to reposition you and your firm. Craig L. Smith MAI Senior Housing and Healthcare Specialist Smith-Parke & Company, Inc. Let's start this conversation. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Cultivating Gratitude. Gratitude is a powerful force that can transform appraisers' mindset and enhance your overall well-being. Develop a positive outlook, increase your motivation and reduce stress levels. Grateful appraisers appreciate the value of their work and the opportunities it presents. Acknowledge the contributions of your team and create a positive work environment that fosters collaboration. I welcome anyone in our valuation space who would like to join me in any discussion. Just call my cell 813-230-3798 or e-mail me Jeff@realwired.com. Let's start this conversation. Subscribe to our weekly blog: https://realwired.com/blog/ www.realwired.com
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Our valuation industry is largely uninspired, lacks enthusiasm and faces diminishing relevancy. I may be wrong, but I don't think so. I started a podcast. You might be thinking, “great, yet another podcast.” You might be right. Podcasts don't do anything. Plus, my speaking skills aren't the best. But we need to DO something. Start the conversation. We're here not to talk about the technical aspect of appraisals, but to bring back enthusiasm, connection and inspiration to the industry. Indispensable Appraisers is all about elevating all (fee and bank) appraisers, sharing experiences, innovations, inspirations and insights that remind us why we fell in love with this profession. Enthusiastic appraisers are more likely to communicate effectively, address client concerns and go the extra mile to meet their needs, ultimately making themselves indispensable in the eyes of their clients. Whether you're just starting your journey or have been in the business for decades, this podcast is your weekly dose of motivation and insight. My goal is to discuss:
Have you lost your enthusiasm for our valuation industry? Do you feel disconnected and uninspired? Welcome to another insightful episode of Indispensable Appraisers! Your go-to show for fee or bank appraisers wanting to elevate our valuation profession. We're here not just to talk about appraisals but to bring back enthusiasm, connection and inspiration to the industry. •
Successful commercial appraisal firms provide training and software tools for success. Sales and marketing along with collaboration is key. Generate new ideas on how to better market, sell, create and distribute your appraisal product.
As a CRE valuation expert, what are your goals? What do you want to achieve? What do you aspire to do? Consider using your right brain imagination for productivity.
Evolve your people who can change their minds faster resulting in better decisions. If not, are we experts in the world that doesn't exist anymore?