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Chief Appraiser Blog

Archive for March, 2010

Who Do You Hang With?

Tuesday, March 30th, 2010

When it comes to networking, we all know that appraisers may not always be the most social bunch.  With the exception of state required continuing education (CE), appraisers rarely get together in the same room, and even this is becoming a rarity since most CE can now be completed online.  We've all been asked the [...]

How Technology Changed the Appraisal Industry

Tuesday, March 23rd, 2010

Throughout the years, technology has significantly impacted the appraisal industry in both the way we communicate and operate.  When I started in the appraisal business 20 years ago, communication between client and appraiser regarding appraisal orders was definitely more antiquated.  We, as appraisers, received most of our orders through the mail or we visited the [...]

History In The Making

Tuesday, March 16th, 2010

Nothing brings about change and reform quicker than a good old fashioned crisis.  I think most would agree, the biggest transformations in the appraisal profession are the results of significant financial moments in history.  When the going gets tough, it seems like the legislators get going. Up until the 1930's, little direction or conformity was [...]

Market-Tested, Appraiser-Approved

Tuesday, March 9th, 2010

General Mills, a large cereal manufacturer, has been using the slogan "Kid-Tested, Mother-Approved" for years.  And why not?  It works!  It conveys the idea their product is good and desired by their target audience, kids.  It also passes the scrutiny of mothers who desire to feed their children something healthy and nutritious.  Why buy something good for [...]

Knowing What It’s Not

Tuesday, March 2nd, 2010

Sometimes, before you can tell what something is, you first need to determine what it is not. It is common practice these days for lenders to request an appraiser to provide a couple listings in their reports.  In fact, FHA requires appraisers to provide two listings when the market is identified as declining.  As we [...]

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