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Smartest people in the room
Those in the bank appraisal departments are the smartest people in the room when it comes to real estate. Problem is they don’t have a seat at the C suite table. Chief
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Learn to let go
When the topic of commercial valuation comes up, it’s mostly negative. Words like “declining number of appraisers,” “silver tsunami of retirement” and “relevancy”. How about
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Why appraisers struggle with engagement letters
Bank: “Why don’t my appraisers read the entire engagement letter?” Appraisers: “It’s hard to find bank specific requirements in lengthy engagement letters.” Both side are
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Bad monkey
Chief appraisers and commercial fee appraisers often don’t get training on time management, people management and how to be efficient. Sometimes they get bogged down
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Is your workflow platform a dinghy?
Appraisal managers always playing “catch-up” If you work in the appraisal department at a bank, what keeps you up at night? In talking with job
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It’s not you, it’s me, an unhealthy relationship
AMCs, an unhealthy relationship? Most fee appraisers loathe AMCs (appraisal management companies). Many feel they’re unprofessional, unknowledgeable with wildly inconsistent reviews and antiquated platforms phrenetical pinging for status updates. To be fair, there are a select few that are professional
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Commercial Evaluation Report Template
Commercial evaluations that comply with USPAP.
Eval format that your department and fee appraisers can use right now.
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