Brenda Dohring 
 
August 22, 2013
 Volume 9 - Newsletter 17
Streamlining the Business of Commercial Real Estate 
 
 

No. 1 Selling Comp

Database Software

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EDGE LOGO 2011  

 

Commercial Appraisal Report

Generating Software

 

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Commercial Appraisal Workflow Application

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Firewalls & Antivirus

 

     

 

A common problem we hear from our customers is connection issues related to firewall settings in Windows Firewall or antivirus applications. Be sure to check these settings if you suddenly begin to have connection issues. Sometimes updates to the Windows Firewall or even your antivirus firewall can prohibit DataComp from connecting properly. The appropriate ports needed for the SQL database connection are TCP 1433 and UDP 1434, both inbound and outbound. 

 

If you have more questions or tech support needs, call Trey at

813-221-0703  or email  techsupport@realwired.com
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Time is Of the Essence
Jeff Hicks
Jeff Hicks, MAI
President 
Dohring Group RealWired!

 

Time is a funny concept.  Sometimes we're very busy (compressed time), but on vacation our perception is we have more time (elongated time). Americans have the most time-saving devices but yet have less time than any other nation on the planet. The Newtonian view is that time is a dimension independent of events in which things occur in sequence - objects moving through some kind of "container" we call time. The opposing view is that time is neither an event nor thing and can't be measured. Einstein said time is an illusion. The concept of time is problematic for philosophers, theologians, scientists and just about anybody who attempts to define it. So it's interesting that we talk about it all the time as it relates to our personal and work life. 

 

I just got back from a long sailing vacation in St. Lucia in the Eastern Caribbean. We attended a wedding there and stayed on a 41' sailing catamaran (bare boat charter) along the leeward coast of St. Lucia and the French island of Martinique. Slowing down I realized how badly I really needed a vacation. Prior to the vacation, my brain started to convert all forms of communication to "blah blah blah blah."  All work and no play make Jack a dull boy.

 

Commercial real estate appraising, like any other business, typically means you might find your office in disarray coming back from a long vacation. For us, we are lucky to have A-players at our office that follow established systems and procedures making my transition back to work much easier. No fires to put out. No angry customers. No late appraisals. Work continues without me. At first I felt sad that things continue to operate smoothly in my absence but then I realized that automation of our office workflow is key to my happiness.

 

The list below are things you may want to consider "making time" for in your world:

  • Time for a vacation
  • Time for your health
  • Time with family
  • Time for your hobby
  • Time for education (appraisal and non-appraisal)
  • Time to change how you create appraisals
  • Time to write down procedures in your office
  • Time to implement software to be more productive
  • Time to measure your appraisal hourly wage
  • Time to write a business plan
  • Time to write a succession plan

While the definition of time will be debated for "eternity", your world is finite. Manage your time wisely...or not...it's your world after all. However if you choose to better manage your work time you may be surprised that your efforts will quickly translate into significant improvement of your life/work balance. After all, who doesn't want to take more time off?

 

This list is a subtle nod to the priorities in your life. We tend to do the stuff that we want to do, sometimes blowing off the things we should do. Lao Tzu said, "Time is a created thing. To say 'I don't have time,' is like saying, 'I don't want to'." Do you find yourself reacting to appraisal work volume, often feeling swamped or do you feel in control confidently taking the helm of your work? M. Scott Peck once quipped "Until you value yourself, you won't value your time. Until you value your time, you will not do anything with it." Be in charge of your own clock.  The time is now.

 

If you would like to join a discussion about this topic or Appraisal Best Practices, go to our blog or contact Jeff Hicks.
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Why Can't We All Get Along?

 

In the last few months I have had many commercial appraisal firms inquire about the ability to share their comp data with other firms. I have always wondered why this industry has been reluctant to share data.  I would like to add that many of our existing DataComp customers are finding value in sharing data while still keeping control of what and when they choose to share comp write-ups.  Why is it that we don't take advantage of the tools that are well within our reach?  I applaud the companies that have realized what the true definition of synergy can be.

 

"The interaction or cooperation of two or more organizations or agents to produce a combined effect greater than the sum of their separate effects."

 

DataComp affords you the ability to share your comps with other appraisers so that you don't duplicate your efforts. Sharing comps may not be a bad thing after all but remember you are in control of your data.

 

If you would like to discuss this further with Greg, contact him at 813-349-2700 or email him Greg@RealWired.com