Real Estate Appraisal Between The Lines
136 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 9 ratingsBrian Lee is an acclaimed real estate appraiser, broker, instructor, and construction expert with over 25 years of experience. He received his bachelor’s degree in Finance and Real Estate from Indiana University. (GO Hoosiers!) After a disappointing attempt at being the next Jedi Master in the latest Star Wars movie, he discovered the "Force" was strong with him as a Real Estate appraiser and speaker.
Brian's knowledge and experience has taken him across the galaxy to train agents on topics including: real estate appraisal, agency, brokerage, business operations, contracts, and investing.
He loves helping agents provide value to their clients by adjusting agents’ perception and knowledge of valuation, CMA prep, and appraisers. When Brian isn’t yapping in front of an audience or assisting agents to achieve real estate mastery, he attempts to keep his wife happy and occasionally makes his kids laugh. (Jedi Mind Tricks don’t work on the strong-minded.)
Real Estate Appraisal Between the Lines is all about helping agents understand the pieces and parts of the valuation process, appreciate why appraisers do what they do (besides make agents mad), and by providing tips to write a better CMA. Tune in every week for a new suggestion and an occasion dig at those pesky valuation experts.
Brian currently resides in the Indianapolis area, where he rides his Harley and builds LEGOs. Make your day legendary!
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Episodes
Episode 133 - Agents Doing The Appraiser's Job
October 25, 2022 06:00 - 23 minutes - 13.6 MBEpisode 133 - Agents Doing The Appraiser's Job Desktop appraisals are becoming more prevalent and will only continue to grow in popularity in the lending world. How will this affect appraisers, agents, and your clients? Be ready to kick in some more work to help get that appraisal done, agents. The road ahead looks a little messy. SHOW NOTES 03:00 – What is a desktop appraisal? 06:58 – How does the appraiser collect information about the property? 10:38 – What if the public info...
Episode 132 - Tips to Prepare for the Slowdown
October 11, 2022 06:00 - 24 minutes - 14.5 MBEpisode 132 - Tips to Prepare for the Slowdown The slowdown has started. Some of you may have been through this before, but most have not. Are you prepared? You business relies on several pieces that many owners do not take into account. This episode talks about a few items that get missed when you are busy such as budgets, saving, and marketing. There is never a bad time to start any of these. Let’s get on them! SHOW NOTES 00:50 – Is Brian in the Wizard of Oz? 02:15 – Economic cy...
Episode 131 - Times Are Changing: Does Down Payment and Concessions Affect Value?
September 27, 2022 06:00 - 19 minutes - 11.4 MBEpisode 131 - Times Are Changing: Does Down Payment and Concessions Affect Value? The past two years have made selling real estate easy. Wait! That was easy, you ask? It was easy for listing agents to negotiate. Times are changing and negotiations are on their way back. Do you know how to navigate them? Make sure to ask the lender how they will address repairs, concessions, and down payment. The industry is working its way back to normalcy, are you ready? SHOW NOTES 01:10 – Mark S...
Episode 130 - Is YOUR Market Increasing?
September 13, 2022 06:00 - 17 minutes - 10.6 MBEpisode 130 - Is YOUR Market Increasing? Headlines and social media are showing all kinds of market changes. Good, bad, ugly – who knows? You do, if you perform your proper due diligence. Don’t quote national and state statistics that are wrong and based upon data that may not be indicative of your local markets. Pay attention to the actual pieces that affect your market and be the expert. SHOW NOTES 01:40 – Is YOUR market increasing? Talk of inflation, recession, etc. is driving pe...
Episode 129 - Be Honest. Do Not Be Disingenuous.
August 30, 2022 06:00 - 15 minutes - 9.46 MBEpisode 129 - Be Honest. Do Not Be Disingenuous We learned in elementary school that honesty is the best policy. It applies to the real estate world too. Work through solutions by being honest with appraisers, lenders, and agents to close the transaction. That transparency may help the other parties find a way to help work out issues. Hiding information, acting in a deceitful manner, or attempting to trick someone will not end well for your client. SHOW NOTES 02:30 – CMA done for li...
Episode 128 - Who is The Lender Looking Out For?
August 16, 2022 06:00 - 23 minutes - 13.9 MBEpisode 128 - Who is the Lender Looking Out For? Knowing how to protect your client and your business is critical to future success. Learn the steps and the processes the lender uses to underwrite the appraisal for your client, so your client can make informed decisions. Note: I can’t believe how many times I used the phrase, “Throw them under the bus.” Jeez!! Ha!! -Brian SHOW NOTES 03:00 – Desktop appraisals, hybrid reports, and waivers. 06:20 – Lenders are making decisions b...
Episode 127 - Change Your Mind
August 02, 2022 06:00 - 17 minutes - 10.4 MBEpisode 127 - Change Your Mind Brian is back! What frustrates you may just be yourself. Open yourself to hearing other opinions and change your mind about your ingrained attitudes. The only way to effect a change is to have an understanding of the entire issue. Whether it be personal, business, appraisal, social issues, or anything, the only person you can change is yourself. Do that and find more happiness and success. SHOW NOTES 00:30 – I’m back. 01:00 – THANK YOU to everyone...
Episode 126 - Personal Responsibility
June 21, 2022 06:00 - 23 minutes - 13.6 MBEpisode 126 - Personal Responsibility Personal responsibility. We owe it to ourselves and those that we interact with. Two “events” happened recently, which has affected Brian and sharing can be cathartic and help with healing. How does this translate to you and your life, both personally and professionally. SHOW NOTES 02:45 – Accusation of racism. 14:00 – Out of Order podcast is no longer happening. 17:40 – Translating Brian’s recent issues can help agents in transactions and i...
Episode 125 - Racial Bias in Appraisal with Guest Marcus Fillyaw
June 14, 2022 06:00 - 1 hour - 48.4 MBEpisode 125 - Racial Bias in Appraisals with Guest Marcus Fillyaw Talking about a difficult topic is always tough. Racism and appraisal is certainly one of those topics. While it is tough to dicuss, and open, honest dialogue must take place if there is to be any solutions or understanding. In this episode, Brian invites Marcus Fillyaw to discuss racial bias and the appraisal industry. The start made both a little nervous, but in the end, they realized the differences really aren’t that d...
Episode 124 - B Reaps What He Sows with Lexi and Jackson Lee
June 07, 2022 06:00 - 25 minutes - 14.9 MBEpisode 124 - B Reaps What He Sows with Lexi and Jackson What better way to keep your legacy than to invite your kids on your podcast show. Be careful what you wish for though, as Brian finds out his kids don’t always go along with his thoughts and sometimes keep him in check. SHOW NOTES 01:35 – Welcome to Lexi and Jackson. 02:55 – Kids introduce themselves. 04:10 – What is the favorite thing that daddy cooks? 05:50 – What does daddy do for a living? 06:35 – Is daddy smart? ...
Episode 123 - Do You Claim to Be a Wise Person?
May 31, 2022 06:00 - 17 minutes - 10.6 MBEpisode 123 - Do you Claim to be a Wise Person? Wisdom comes from the knowledge that you don’t know everything and that there is always more to learn. Even if you are at the top of your game, there something else to consider. Are you truly a wise agent? SHOW NOTES 05:25 – Even a nuclear scientist doesn’t know everything. 06:50 – Communication is a huge part of wisdom. 07:45 – If you truly know about a subject, you must be able to explain what it is. 08:50 – You must also be op...
Episode 122 - Why You Should Hire an Appraiser
May 24, 2022 06:00 - 10 minutes - 6.44 MBEpisode 122 - Why You Should Hire an Appraiser Plain and simple: Liability is increasing for agents on many levels. Hiring an expert has always been the best practice, so consider hiring a competent appraiser for your next SHOW NOTES 01:40 – Hiring an appraiser is “worth it.” 03:20 – You don’t need to hire an appraiser for every single property, but if something causes concern, it would be a good idea to hire a professional. 05:20 – Just like you would hire an expert for taxes, ...
Episode 121 - My Way is the Right Way!
May 17, 2022 06:00 - 21 minutes - 12.8 MBEpisode 121 - My Way is the Right Way! Featuring Cate Waggoner-Lee There is more than one way to skin a cate (what a gross analogy). Your way might work, but guess what, mine probably does too. Don’t get so ingrained in your position that you miss another perspective. Adjustments, comparables, and value are subjective, so don’t get mad when someone thinks something different than you. It is okay to agree to disagree. SHOW NOTES 03:10 – Change your attitude. Cate is the softer side o...
Episode 120 - Should an Appraiser be a Licensed Agent?
May 10, 2022 06:00 - 14 minutes - 8.75 MBEpisode 120 - Should an Appraiser be a Licensed Agent? Being agent could give the appraiser a much needed perspective that would be beneficial in the valuation of property. Seeing what buyers and sellers are doing in the market can be invaluable to providing credibility to an appraisal report. You don’t have to sell homes to get a perspective that will set you apart from other introverted appraisers that are stuck in their own bubble. SHOW NOTES 04:05 – Should an appraiser be a lice...
Episode 119 - Condos: The Silent Change for 2022
May 03, 2022 06:00 - 15 minutes - 9.28 MBEpisode 119 - Condos: The Silent Change for 2022 The tragic events of the Florida condo complex in 2021set the stage for some big changes from Fannie Mae regarding requirements for condominium properties. If you are an agent, lender, or appraiser, you should start asking questions and recognize the liability the changes will have to your practice and transactions. SHOW NOTES 03:07 – June 2021 tragic event with the condo collapse started the changes. 04:35 – Concerns with deferred ...
Episode 118 - Adjustment Guidelines
April 26, 2022 06:00 - 11 minutes - 6.83 MBEpisode 118 - Adjustment Guidelines A quick note on things to consider when adjusting your comparables. The relationship between them and the sale price may be an indicator of comparability. SHOW NOTES 02:30 – Old adjustment guidelines. 05:10 – The guidelines do have some relevancy but are not critical to maintain. 06:30 – Why is this important? 08:00 – Explain why you made the adjustment. 09:30 – If you are exceeding the old guidelines, maybe the property is not very compar...
Episode 117 - Why Doesn't The Appraiser Use My Comparables?
April 19, 2022 06:00 - 13 minutes - 8.13 MBEpisode 117 - Why Doesn't The Appraiser Use My Comparables? This question is asked almost as often as why do appraisals come in low. The best question, why is your comparable worthy of use? SHOW NOTES 02:40 – The agent can suggest potential comparables. 03:27 – Appraiser: “I can’t use the comparable.” 05:15 – Example of when an appraiser might use your comparable. 06:30 – Explain why the appraiser should use your comparable. 09:10 – Have you given any compelling reason to us...
Episode 116 - Why Can't We All Just Get Along?
April 12, 2022 06:00 - 13 minutes - 7.87 MBEpisode 116 - Why Can't We All Just Get Along? The world is an angry place. Take the time to see another perspective and realize there is more than one part of the conversation. SHOW NOTES 03:10 – It’s tough to think of the other perspective. 06:10 – Will Smith and Chris Rock situation. 07:15 – Agents have disgust for each other. 08:45 – Act like a professional. 09:55 – Take a step back and think about the other side. BETWEEN THE LINES LINKS Email [email protected]...
Episode 115 - Where is the Industry Heading? Featuring Steve Crellin
April 05, 2022 06:00 - 37 minutes - 21.6 MBEpisode 115 - Where is the Industry Heading? Featuring Steve Crellin Steve Crelling with Yawkey Way Appraisals joins the show again to impart his “wisdom” on various changes in the appraisal industry. We hear his take on where things are heading in our community. SHOW NOTES 01:55 – Hello Steve. 04:00 – Lender policies are dictating many processes. 07:00 – Changes coming down the pike. 12:25 – The failed execution of Fannie Mae for the ANSI standard. 15:00 – Desktop appraisal...
Episode 114 - ANSI Standards are HERE!
March 29, 2022 06:00 - 17 minutes - 10.2 MBEpisode 114 - ANSI Standards are HERE! ANSI standards define how residential property should be measured for square footage. Fannie Mae has adopted this standard and it WILL affect agents. Are you ready? SHOW NOTES 02:15 – What is ANSI? Sets a standard to measure property. This will open more liability to agents. 04:15 – Steve Crellin gave a presentation and reported about agents being mad about these changes. 05:20 – This is how to measure property. It is NOT how to value prope...
Episode 113 - Teaching an Old Dog New Tricks
March 22, 2022 06:00 - 21 minutes - 12.5 MBEpisode 113 - Teaching an Old Dog New Tricks Learning new things can be difficult. Especially for Brian when his wife, Cate, joins the show. He will never learn. The real estate industry changes and we all must learn to accept those changes. Old habits do die hard, but to be successful, you must change with it...even if you must do it while kicking and screaming. SHOW NOTES 01:14 – Welcome back Cate. 03:00 – Teach an old dog new tricks, but Cate is not a dog or old. Steve is the o...
Episode 112 - Your House is Weird
March 15, 2022 06:00 - 12 minutes - 7.32 MBEpisode 112 - Your House is Weird Do you remember the term “functional obsolescence” from your real estate classes? Probably not. However, I’m confident you have seen a “weird” house. Something about the house just made it look off or not function well. What did you do about it? Ignoring it is not the answer. SHOW NOTES 02:03 – Functional obsolescence. What does that mean? 03:38 – Example: four-bedroom home with one bath. 06:00 – What does the market expect the home to include? ...
Episode 111 - MLS Sheets: Accuracy Matters
March 08, 2022 07:00 - 13 minutes - 7.98 MBEpisode 111 - MLS Sheets: Accuracy Matters Agent’s listing sheets can contain vital information to the other real estate professionals. Be the professional and communicate what your property has and doesn’t have. Help appraisers and other agents understand your listing. It might be a comparable down the road and hurt your next sale if you get it wrong. SHOW NOTES 02:20 – Brian smacks agents back to earth after telling a story about his daughter. 04:58 – Assessor/public data are wr...
Episode 110 - A Word or Three About Basements
March 01, 2022 07:00 - 14 minutes - 8.52 MBEpisode 110 - A Word or Three About Basements Listener asked a question about basements. Brian recommends a deeper dive into the components of a basement including its size, amount of finished space, and the level of finish. They all matter to buyers. SHOW NOTES 03:24 – The details of a basement should matter. 04:36 – Full vs. partial basement regarding its size. 05:56 – Full vs. partial finish regarding finished areas and unfinished areas in the basement. 08:09 – What is the ...
Episode 109 - Cost Does Not Necessarily Equal Value
February 22, 2022 07:00 - 9 minutes - 5.9 MBEpisode 109 - Costs Does Not Necessarily Equal Value How many times have you heard that? Too many for me. What does that mean in today’s market with low supply, high demand, rising cost of materials, and lack of skilled labor. Brian thinks cost might equal value in this crazy market. SHOW NOTES 01:10 – Cost does not necessarily equal value. 02:25 – Supply chain issues and lack of skilled workers have increased costs. 02:50 – Supply and demand between builders and buyers. 04:25...
Episode 108 - ADUs and Second Residences
February 15, 2022 07:00 - 10 minutes - 6.4 MBEpisode 108 - ADUs and Second Residences What is an ADU and are they different than a second residence? SHOW NOTES 01:15 – ADU, Additional Dwelling Unit. 02:10 – Two dwelling spaces. 04:43 – Separate address and metered utilities. 05:05 – Less defined. Ask what is common in the market. 06:50 – Agents, ask questions when red flags come up. BETWEEN THE LINES LINKS Email [email protected] Web brianclee.com Facebook https://www.facebook.com/groups/...
Episode 107 - Desktops, Drivebys, and Bi-Furcated Appraisals, Oh My!
February 08, 2022 07:00 - 12 minutes - 7.55 MBEpisode 107 - Desktops, Drivebys, and Bi-Furcated Appraisal, Oh My! These are coming down the pike. Better get used to them and the wake that follows. SHOW NOTES 01:58 – March 19, 2022 changes to appraisal reports. 03:15 – Beginning of changes to come, but lenders get to choose. 05:30 – Agents how does it affect you. 06:25 – What do these appraisal report types mean to agents? 08:42 – Bi-Furcated appraisal reports. BETWEEN THE LINES LINKS Email [email protected] ...
Episode 106 - Agents and Appraisers CAN Work Together
February 01, 2022 07:00 - 19 minutes - 11.8 MBEpisode 106 - Agents and Appraisers CAN Work Together Despite some opinions (not facts) and individual attitudes, agents and appraisers truly can work together in the process. There are a few rules and some things to consider, but it is possible. When both the appraiser and agent act professionally and in unison, it is possible to work together and maybe even sing kumbaya. Okay, maybe that is a stretch, but both sides put down your negative attitudes and find ways to help each other. ...
Episode 105 - How to Become an Appraiser
January 25, 2022 07:00 - 20 minutes - 12.1 MBEpisode 105 - How To Become An Appraiser Been thinking about a career change. Maybe becoming a real estate appraiser is your future path. Before you make that jump though, be sure you know what you are getting into. The profession is worth it, but the road to get there can be painful. SHOW NOTES 02:50 – Should you become an appraiser? Yes! 03:55 – Appraisal license types. 05:35 – Process to get the license. 09:00 – Trainee limits are based upon their mentor. 10:00 – You will...
Episode 104 - Measuring Using the ANSI Standard
January 18, 2022 07:00 - 16 minutes - 9.75 MBEpisode 104 - Measuring Using the ANSI Standard Fannie Mae and Freddie Mac dropped the bomb by stating that all mortgages they buy with an appraisal date that has an effective date of April 1, 2022 or after, must be ANSI compliant. In this episode, Brian talks about things for agents to take note. Avoid liability and other issues by watching for elements in a home that may change the amount of square footage in a property. SHOW NOTES 01:35 – Overview of how to measure property. ...
Episode 103 - ANSI Standard Goes Into Effect 04.01.2022
January 11, 2022 07:00 - 13 minutes - 7.81 MBEpisode 103 - ANSI Standard Goes Into Effect 04.01.2022 Dun, dun, dun!!! Fannie and Freddie have finally spoken and have set April 1, 2022 as the date for all appraisers to use ANSI to measure properties. This will have wide ranging changes so you better get ready. SHOW NOTES 01:15 – Fannie Mae and Freddie Mac will require all appraisals with an effective date of April 1, 2022, or after to comply with ANSI measurement standards. 03:20 – Two standards that exist. 04:10 – Consiste...
Episode 102 - My Predictions for 2022
January 04, 2022 07:00 - 20 minutes - 12.1 MBEpisode 102 - My Predictions for 2022 Not that you cared, but Brian thought he would give some predictions for 2022 on the real estate market, appraisals, and a few other very important subjects. SHOW NOTES 01:20 – What does your crystal ball say? 02:30 – Real estate industry predictions: will remain mostly the same. 06:55 – Elephant in the room: foreclosures and evictions. 07:50 – Appraisal predictions: values will continue an upward trend. Big regulatory changes. 09:40 – M...
Episode 101 - End of Year Wisdom
December 28, 2021 07:00 - 12 minutes - 9.65 MBEpisode 101 - End of Year Wisdom Changing the typical format to give my take on 2021 and how to have a better 2022. Remember, breathe in, breathe out. SHOW NOTES 02:45 – Media and news are biased toward themselves. 04:38 – So much anger and hatred. 05:27 – Just be kind. 06:20 – Not much we can do to make a change. 07:10 – Mr. Miyagi, Breathe in the nose and out the mouth. 08:15 – Hear both sides of the discussion. 09:45 – Even in the real estate industry be patient, kind...
Episode 100 - 100th Episode Celebration
December 21, 2021 07:00 - 12 minutes - 9.35 MBEpisode 100 - 100th Episode Celebration Celebrating 100 episodes and sharing a quick tip on how to “work” with appraisers in these busy times. Don’t be too mad about the joke at the end. SHOW NOTES 02:30 – How to handle appraisal issues in getting them back on time and are not communicating. 04:30 – Appraisers are very busy with huge increases in requests. 05:25 – There isn’t much you can do to get things done quicker. 08:50 – Push on the lender for them to push the appraiser ...
Episode 099 - Successfully Challenge an Appraisal
December 14, 2021 07:00 - 14 minutes - 11.4 MBEpisode 099 - Successfully Challenge an Appraisal It’s the holidays and we wanted to give you a gift. One of the most commonly asked questions is how to challenge an appraisal. In this episode, Brian talks about the do’s and don’ts to working with an appraiser. Listen closely because Santa is checking his list. SHOW NOTES 01:35 – It’s the gift giving season. Brian has something for you. 02:00 – How to successfully challenge an appraisal report. 03:00 – To effectively make a chan...
Episode 098 - What is the Quality of Your Condition
December 07, 2021 07:00 - 12 minutes - 9.6 MBEpisode 098 - What is the Quality of Your Condition Quality and condition are two elements in valuation that quite often get mixed, combined and confused. In this episode, Brian explains the difference between these two important elements and how to better describe them. SHOW NOTES 02:30 – Quality and condition are important to consider. 02:57 – Condition is what most people think about when looking at a property. 03:55 – Quality has nothing to do with condition. It are the elem...
Episode 097 - The Value of a Bedroom
November 30, 2021 07:00 - 11 minutes - 9.18 MBEpisode 097 - The Value of a Bedroom Not only is the debate of what constitutes a bedroom a source of frustration, the value of a bedroom can also be hotly contested. Brian gives his opinion of the value of a bedroom and elements to consider that might change your outlook on the subject. SHOW NOTES 02:05 – These are Brian’s opinions based upon data and experience. Bedrooms rarely add value. 03:10 – Things to consider when valuing a bedroom: square footage, other rooms, and functio...
Episode 096 - What I'm Thankful For
November 23, 2021 07:00 - 12 minutes - 9.87 MBEpisode 096 - What I'm Thankful For Happy Thanksgiving! What are you thankful for? Brian gives thanks to all of the people that stand by him and help him be a better man. SHOW NOTES Thank you to my family, my friends, my listeners, and even my laser measuring device. I appreciate you! Have a legendary Thanksgiving! SHOW LINKS Homer Simpson - https://www.youtube.com/watch?v=E2dmfnSarDI BETWEEN THE LINES LINKS Email [email protected] Web brianclee.com Fa...
Episode 095 - Credible Equals Worthy of Belief
November 16, 2021 07:00 - 14 minutes - 10.9 MBEpisode 095 - Credible Equals Worthy of Belief The estimated value in an appraisal report is only one component. It may be the most important one to you, but that value doesn’t mean anything unless the value is credible. That is to say it is worthy of belief. The next time you encounter a “low” appraisal, you might want to consider if the value you hoped to attain is believable. Supporting your value is even more important that writing down a number. Brian talks about the value of credibil...
Episode 094 - Uncommon Appraisal Issues
November 09, 2021 07:00 - 12 minutes - 10 MBEpisode 094 - Uncommon Appraisal Issues Appraisal issues and defects come up often enough in properties. Don’t let the uncommon issues blindside you. Brian talks about an concerned agent’s phone call to him about a problem we almost never see. It was bad news for that agent. Don’t become the next cautionary tale. SHOW NOTES 00:58 – Happy Veteran’s Day! 02:27 – Property issues and defects. 03:05 – Buried fuel tank example and FHA rules. 06:17 – Pay attention to external obsoles...
Episode 093 - The Comparable Is Wrong
November 02, 2021 06:00 - 18 minutes - 13.7 MBEpisode 093 - The Comparable Is Wrong Don’t let the episode title fool you, we aren’t talking about using the “wrong” comparable, we mean the comparable being used has wront information. Nothing is more frustrating than finding comparables properties and then finding out the properties you chose were not listed correctly or accurately. In this episode, Brian talks about how to work through that issue, and explains some of what an appraiser must do to satisfy a lender. Don’t worry though,...
Episode 092 - Appraiser Horror Stories with Steve Crellin
October 26, 2021 06:00 - 51 minutes - 31.7 MBEpisode 092 - Appraiser Horror Stories with Steve Crellin It’s Halloween week and no scary season would be complete without a horror story or two. Steve Crellin with Yawkey Way Appraisals joins Brian again to talk about crazy and shocking events that have happened to them while appraising properties in the field. Be kind to them as appraisers do have tender hearts and might scare easily. Mmmmmuuuuhhhahahahahahaa!! SHOW NOTES 02:40 – Warm intro for Steve and good parenting tips by B....
Episode 091 - Value Is NOT One Number
October 19, 2021 06:00 - 12 minutes - 10.1 MBEpisode 091 - Value Is NOT One Number Are you under the impression that the appraised value is the only value? Let’s set that false impression to rest and talk about a range of value, and how to better understand how to value property. Qualitative versus Quantitative valuation can help solve some of the issues found in valuing property. Don’t focus so much on one number. Realize that value is a range. SHOW NOTES 01:50 – Value is not one number. 04:07 – Market value versus market...
Episode 090 - The Appraiser Doesn't Care
October 12, 2021 06:00 - 15 minutes - 12.4 MBEpisode 090 - The Appraiser Doesn't Care! True story: Appraisers have a heart – okay – some of them do. There is plenty to consider when valuing property. The impact of the value can be far reaching. Recognize that impact and have a heart. SHOW NOTES 02:40 – Agents are intentionally biased as an advocate for their client. Appraisers are intentionally un-biased. 04:05 – Agents and appraisers are NOT enemies! 06:40 – The reports appraisers write affect many people. 08:00 – Value...
Episode 089 - What Happened to Your Equity?
October 05, 2021 06:00 - 14 minutes - 11.5 MBEpisode 089 - What Happened to Your Equity? Equity will be a huge concern for homeowners in the coming years. Buying at the top of the market may get you in a house today, but what will that mean for you in the long-term? There are strategies to consider based upon a client’s situation, needs, and financial expectations. As an agent, it would be wise to help manage those expectations to avoid the peril that many agents put their clients in during the 2008-2009 Recession. SHOW NOTES ...
Episode 088 - What is Your Square Footage, Part 2
September 28, 2021 06:00 - 17 minutes - 14.1 MBEpisode 088 - What is Your Square Footage, Part 2 Last week’s episode got into above and below grade square footage concerns. This week Brian talks about square footage issues seen all the time in upper levels. From open areas, to kneewalls, and dormers, there is plenty to watch. Take a deeper dive into how to calculate square footage in the second of this two-part series. SHOW NOTES 00:50 – Recap last week’s episode. 03:30 – Factors to consider when measuring upper levels. 04:2...
Episode 087 - What is Your Square Footage, Part 1
September 21, 2021 06:00 - 19 minutes - 15.2 MBEpisode 087 - What is Your Square Footage, Part 1 One of the top issues that creates confusion, frustration, and liability is the square footage of a property. In this episode, Brian talks about the issues concerning above and below grade areas, and how to more accurately state the size of your properties. SHOW NOTES 01:30 – Why do people care about the size of the home? 02:40 – Pricing property per square feet. 03:20 – Litigation is increasing, so be aware of this issue. 04:5...
Episode 086 - Appraisers in Cars, Driving Properties, Part 2
September 14, 2021 06:00 - 53 minutes - 47.7 MBEpisode 086 - Appraisers in Cars, Driving Properties, Part 2 Define excitement. I’m confident none of your definitions included two appraisers driving through Wyoming and Montana, talking about random topics and appraisal issues. But wait...this may not be like slipping down the slopes of Big Sky with the sun on your face, but this episode includes important topics such as Pringles, end cap shopping, and Brokeback Mountain, as well as where the appraisal industry is going “rules” in appr...
Episode 085 - Appraisers In Cars, Driving Properties, Part 1
September 07, 2021 06:00 - 41 minutes - 38.8 MBEpisode 085 - Appraisers in Cars, Driving Properties, Part 1 Define excitement. I’m confident none of your definitions included two appraisers driving through Wyoming and Montana, talking about random topics and appraisal issues. But wait...this may not be like kicking back on the beach with a Mai Thai in hand, but this episode includes important topics such as Ghostbusters, turkey bacon, and pineapple on pizza, as well as desktop appraisals, market trends, and what foreclosures might do...
Episode 084 - How to Prepare for The Appraisal Inspection
August 31, 2021 06:00 - 17 minutes - 13.9 MBEpisode 084 - How to Prepare for an Appraisal Inspection In episode 074, Brian talked about what to give an appraiser. Many listeners loved it and asked what else they can do fully prepare for an appraisal inspection. Let’s get you set to have the home ready for the appraiser to ensure a smooth appraisal inspection. That will bode well for you, the homeowner, and the appraiser...and maybe even the value. SHOW NOTES 01:00 – Episode 074 blew up! Thank you!! 02:20 – What things can a...