The appraisal industry is dying… or is it? How are industry is lacking the confidence to change. The confidence to embrace technology. Especially collaboration with your employees. Aspirational goals. Opportunity is where you look.
Start asking the question, what if, how about and should we? An appraisal platform will bring productivity meeting SLA requirements, transparency and confidence from the lending side.
Move away from a transactional management style of micromanagement. Move towards transformational leadership style and encourage staff ideation. Stop the chronic, "I'm swamped."
Commercial appraisers knew a lot of stuff that other people don't know. Take an honest look where you out are in your career, consider a huge infusion of motivation, excitement and productivity mojo. What you do as an appraiser matters.
Do you find yourself energised excited about creating your appraisal product? Service your client innew and fun ways, revamp your format, reposition your value prop. Offer some new products. Make some new donuts.
For those responsible for valuation in banks, avoid lender pushback friction. Use appraisal workflow to facilitate cooperation with SLA metrics and performance benchmarks.
How do you effectively answer questions from your lenders, reviewers, auditors, regulators and upper management? Buy back your time with an effective appraisal workflow software platform.
Commercial appraisers create confidence to facilitate buyers and sellers moving to a successful conclusion. Creates deal flow facilitating economic stimulus for many channels.
Myth 1: Switching to the established players new platform is the path of least resistance. Myth 2: Appraisal workflow platforms are all the same. Myth 3: No one ever got fired by going with IBM.
Are you self sabotaging your commercial appraisal firm? Considered great communication, lifelong learning, passion for problem solving, trust, invest in tools, aligned interest and process for collaboration.
Dr. Seuss helps us to simplify our commercial appraisals. "So the writer who breeds more words than he needs, it making a chore for the reader who reads." Write it like you want to read it.
Commercial appraisers are objective thinkers and perfectionist, which can often be to our productivity detriment. DiSC highlights our strengths and weaknesses.
What's the first thing a buyer of your commercial appraisal firm would change? Celebrate wins and productivity planning. Let go of resistance, reluctance and resentment.
Asking what" questions is way more productive than asking "why" questions. "What" can you do to improve the productivity of your commercial appraisal firm?
#Teamwork #Optimism #Productivity #Commercialrealestateappraisers #Officeculture
What's your business age? Think like a white belt, a beginner. Do you take the opportunity to improve your commercial appraisal product or just kick the can down the road?
Fee apraiser's should discuss the health and economic crisis impact on market conditions even if it's inconclusive. What's its potential impact on collateral? Good time to communicate more to your readers.
Commercial appraisal firms need to design a clear daily, weekly, monthly and quarterly operational cadence. Improve your processes no matter how good your appraisals are.
Our work ethic as commercial valuation professionals is still there, it just might need to be re-energized. Get back to basics. Get back to where you once belonged.
Commercial appraisers should look to the accounting industry to recognize the rapidly changing skills and competencies the practice of accounting requires today and the future. The model is adaptive and flexible.
Commercial fee appraisers are the best to provide this product for their bank clients. Many firms don't provide evals, missed opportunity? Report format best practices are also discussed.
Should commercial appraisals emphasize a particular client's risk perspective? Chief appraisers want a duscussion of the market position of the subject. SWOT analysis highlights a subject's risk, important for bank loan origination and due diligence for buyers.