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How can we analyze what factors are driving the market, and what we are to be aware of as possible bellwether indicators of a changing market?
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by Roy Meyer
Imagine your appraisal business built primarily around non-lender work and continuing to grow every night while you sleep. Imagine having a dedicated team committed to the success of your appraisal business and taking extended vacations while your business doesn't skip a beat. Imagine…you fill in…
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Alternately, you can envision this hard time as an opportunity to position yourself with a slightly modified appraisal practice in the near future.
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Events Leading to the Use of the Cost Segregation Study by Guy P. Reese, MAI and Kevin Cavasos, CMI Component depreciation in various forms was permitted by IRS for measuring depreciation until the establishment of the Modified Accelerated Cost Recovery System (MACRS) by the Tax Reform Act of 1986. Under MACRS, assets are grouped into…
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Editor’s Note: You’ll find Part Two of this story at WorkingRE.com (Premium Content). From Appraising to Consulting By Robert K. Bell, Jr., MAI (retired) Many appraisers can convert residential form reporting assignments to consulting assignments with some know how. Many of our appraisals should be labeled appraisal consulting reports, since they give a market value...…
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Editor’s Note: In Part One, Bob Bell, MAI (retired) explains how appraisers can convert residential form reporting assignments to higher-paying consulting assignments with just a little know how. “Many of our appraisals should be labeled appraisal consulting reports, since they give a market value and solve problem questions in the Highest and Best Use section...…
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Making AMCs Work for You by David Brauner, Editor Here’s a story about one appraiser who makes working for AMCs work for him. Many appraisers choose not to work for Appraiser Management Companies (AMCs) because, they complain, the top priority of AMCs is getting appraisals fast and cheap– with quality a distant second. This story...…
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Editor’s Note: An OREP member recently walked into our (San Diego, Calif.) office to renew his E&O insurance in person. We are always glad to meet our members. During our chat, he said he now does only REO work and is plenty busy. Ann O’Rourke explains that if foreclosures are up where you live, your...…
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