Appraisers Blog

JUNE 10, 2023

A statement doesn’t always need an answer. Neither does an appraisal need a contradiction. In reply to Spencer Paul. One is adequate one is not. One needs an indictment.

Appraisal 59

Appraisal 59

Appraisers Blog

JUNE 9, 2023

I had a different beginning than most appraisers today, I began as a hireling to help with the scut work for a small multi appraisal office. My 2 Boss’s pride sustained all in the office and encouraged all of us to seek recognition thru our work. Two of the boss’s came from different Government agencies.

Appraisal 57

Appraisal 57

Appraisers Blog

JUNE 10, 2023

Why would a minority Appraiser appraise a minority owners home higher because that is the assumption! It is about the sales not about the color of the Appraisers skin or the homeowners! I thought the same exact things. Jonathan did us no favors at all.

Appraisal 56

Appraisal 56

Appraisers Blog

JUNE 9, 2023

Jonathan, as the only appraiser speaking at that hearing, you carried the weight of representing our profession as a whole. ” You had the chance to educate those unfamiliar with what Professional Appraisers do. I’m sad to say that you missed the opportunity to actually speak on our behalf. That’s our job.

Appraisal 54

Appraisal 54

Appraisers Blog

JUNE 12, 2023

You’re a smart man and why would you risk it all to actually defend appraisers and hurt your reputation. Which is why you should have never accepted this opportunity in the first place. Your testimony did nothing to help the profession yet it helped everyone else in making the appraiser profession obsolete and gave them ammo.

Appraisal 57

Appraisal 57

Appraisers Blog

JUNE 9, 2023

Without context, why would you state in part, “Bias and unconscious bias exist in our industry”? I’m afraid no matter what else you said, the powers that be will only hear that line and move forward with their agenda. History proves this false. Seek the truth.

Appraisal 57

Appraisal 57

Appraisers Blog

JUNE 9, 2023

So, why would I expect any General to take me on. On flip side, I’m not willing to take on any trainees because I don’t want to share my income to train them when the leave. I would be fullish to assume any trainee would stay under me when when simple math shows the earn potential out on your own.

Appraisal 56

Appraisal 56

Appraisers Blog

JUNE 9, 2023

In reply to Robert jones. Robert, I think it is important to separate individual bias vs systemic bias. I wholeheartedly agree that systemic bias as defined by the dictators of fact does not currently exist, nor has it for quite some time. And no matter how badly we want to believe that individuals are not biased, its just not reality.

Appraisal 70

Appraisal 70

Appraisers Blog

JUNE 9, 2023

Before the existence of the AMC’s, I was trained and paid over two years by a large local appraisal firm who reviewed and approved my work before sending it out. That two year mentorship was key to my gaining the knowledge and skills needed to be a competent appraiser. I was paid a decent wage once I knew what I was doing.

Appraisal 55

Appraisal Banking 55

Appraisers Blog

JUNE 10, 2023

In reply to Mary Cummins. This is eye opening and thank you for the post. I’m saddened that he isn’t replied to anything that has been posted to help us understand his standpoint better, of which does not seem to be supported by his own peers.

Appraisal 54

Appraisal 54

Appraisers Blog

JUNE 9, 2023

Appraisal bias does not exist, never did, and can never be proven. Its a recent buzz word that certain groups trot out when they feel they have been wrongfully treated An appraisal is never right or wrong. Granted your points are your own and i for one do not share your view. It is either well supported or not.

Appraisal 51

Appraisal 51

Appraisers Blog

JUNE 9, 2023

Was taken off an approved list of a major lender back in the 2008 housing boom/crash for two or three appraisals that the lender has fields reviews performed. Thankfully the lender sent me the reviews for me to review. I found so much wrong with each review that the had no choice but to reinstate me to their list.

Appraisal 54

Appraisal 54

Viking Mergers

MARCH 17, 2023

We also highly recommend building an advisory team that includes a CPA, attorney, and professional business broker to ensure that your best interests are always at the forefront of the deal. Risks of Inflated Inventory Value Correctly calculating value during the sale of a business is critical, especially when selling to a third-party buyer.

Appraisal 130

Appraisal Start-ups Book Value Banking 130

Musings on Markets

AUGUST 5, 2023

As part of that obsession, since September 2008, I have estimated an equity risk premium for the S&P 500 at the start of each month, and not only used that premium, when valuing companies during that month, but shared my estimate on my webpage and on social media. What is it?

Risk Premium 78

Risk Premium Equity Start-ups Treasury 78

Musings on Markets

JANUARY 21, 2023

It is the nature of stocks that you have good years and bad ones, and much as we like to forget about the latter during market booms, they recur at regular intervals, if for no other reason than to remind us that risk is not an abstraction, and that stocks don't always win, even in the long term. Stocks: The What? at the start of that year.

Equity 70

Equity Risk Premium Start-ups Dividends 70