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PAID APPRAISAL TODAY NEWSLETTER!!
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Communicating with other appraisers - O'Rourke pontificates on
Dustin Harris, the Appraiser Coach's Podcast
Dustin and I discussed the big issue that many appraisers don't know other appraisers personally (face to face or over the phone). Dustin talked about the times he has tried to establish relationships with other local appraisers. One was very successful and the other did not work very well. But, both resulted in one personal relationship each. I have written about this topic before and discussed my personal experience plus the "big picture".
Online communication is fine, but not very good for local issues. Plus, it is hard to establish relationships.
To listen to it, go to http://theappraisercoach.libsyn.com/ . All the podcasts are there. This one is #051, Communication; a key to running a successful appraisal business. Check out the other podcasts. I subscribe to the podcast on itunes and listen to it in my car.
I was inspired to do a 7-page article on the topic for the October issue of Appraisal Today, sent out today.. I sent out a request for info on small, unaffiliated groups in last week's newsletter. To subscribe to the paid Appraisal Today, go to www.appraisaltoday.com
Many thanks to the 13 appraisals groups I profiled! They replied to a questionnaire I sent and I contacted some over the phone. Lots of good tips for appraisers thinking about starting a group and those who currently have an active group. Very interesting!!
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Why are appraiser phone numbers and email addresses so hard to find online?
I set up my web site in 1998. Every page has my name, postal address, phone number, and email address. If anyone wants to contact me to give me an appraisal assignment, or for any other reason, they can find me. I get a lot of work from my web site.
When working on an article for my newsletters, I often need to contact appraisers. Also, I give out a lot of referrals, as I am very busy and turn down a lot of appraisals.
My assistant spends a lot of time trying to contact appraisers for my newsletters. When she googles a name, such as Janet Johnson appraiser new mexico, sometimes nothing comes up. Sometimes, if they are on an old directory web site, the postal address is available. Asc.gov only has postal addresses. Some state regulators have phone numbers. Some appraisal association member data comes up, such as the Appraisal Institute.
Email addresses are hopeless. They are very seldom available anywhere.
Often the appraiser has no web site, even a simple one page with name, address, resume, and contact info. If there is a contact link, you must fill out a form to contact the person.
I guess they just want to work for AMCs that contact them. Not interested in any other clients, I guess.
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JPMorgan Leads Big Banks Out the Door of FHA
Excerpt:
JPMorgan Chase has nearly stopped making home loans insured by the Federal Housing Administration.
Most large banks have curtailed FHA-backed loans in the past two years because of concerns about credit and legal risks, and JPMorgan's 98% drop-off in that period puts an exclamation mark on the trend.
More info plus a very interesting graph at:
My comment: Less FHA work? Fewer appraisers willing to do FHA? Hmmm... not sure what this means. But... if you do FHA now you will be very busy as many appraisers are turning it down completely or raising fees. AMCs are getting desperate trying to find appraisers to do FHA appraisals, per online comments. No good data yet.
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Where have all the good appraisers gone? - lyrics for a song
Several long online discussions on this topic, especially on linked in.
These are my favorite comments from the very active yahoo group - Inland Appraisers CA Appraisers Forum:
Reminds me of that great Peter, Paul & Mary song:
"Where have all the good appraisers gone - long time passing?
Where have all the good appraisers gone - long time ago?
Where have all the good appraisers gone? - AMCs have driven them out everyone.....
Oh when will they ever learn? Oh when will they ever learn?...
Another one:
"Gone to Dodd-Frank everyone,
When will we ever earn, when will we ever. ..earn."
Hit the reply button if you can think of any other lyrics ;>
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