Shrinking pool of appraisers
Where’d all the appraisers go? Banks are struggling to find appraisers. Residential and commercial appraisers are extremely busy, charging more and taking a lot longer. There’s a huge opportunity right now, leading to consolidation, small firms rolling up into national firms. Others are being hired by banks taking them out of the fee world. Some […]
Where stress comes from
Do you ever wonder why some appraisal departments seem to run smoothly, while other are reactionary? Stuck in chronic stress. Job dissatisfaction. Stress is the conflict between what you have to do versus what you want to do. The trick is to be purposeful (or lucky) to want to do what you do. Passionate appraisers “How can we cultivate passion around our work or discover an […]
Appraisal Volume
You’re right. Your appraisal volume is overwhelming. “Focus you must, or pain you will feel.”Yoda Confessions of a stressed-out appraiser, “I struggled with managing my time…so I thought. I discovered I wasn’t taking control of my attention and allowed too many distractions.” Carve out time for deep-dive work. What’s going on right now in your head? Scanning this blog for five seconds, […]
Spinning your wheels
What’s the true cost to your appraisal department if your appraisal and environmental platform lacks the reporting you need? If your bank was being acquired, would they keep your current platform? If your department lacks any platform, would managing your appraisal pipeline with Microsoft Outlook and Excel be adequate? Cost of Failed Activity The general rule of thumb is a bad hire is 30% of employee’s first […]
Why are you an appraiser?
Has your passion for appraising been replaced with fatigue? “Working hard for something we don’t care about is called stress; working hard for something we love is called passion.” Simon Sinek nails it. Why are you an appraiser? Are you at the “rinse and repeat” stage of your career? If so, you may be experiencing copious amounts of stress and feeling overworked. What’s the upside if […]
Teamwork Makes the Dream Work
Appraiser IQ can be significantly improved if bank and fee appraisers get together. Talk. Not email. Appraisers in and outside of financial institutions have been siloed for years. Alone at their desk with their keyboard, mouse and HP12c. As an appraiser, the most valuable skill to master for extraordinary results is collaboration. It’s been about a decade since many chief appraisers talked to their fee panel. This is […]
