To the towns, people, vendors and all that make up the communities that are a part of these good enough to get listed by Forbes, no small undertaking to say the least, A Great Hats Off To You! Keep Up The Great Work!
Until the next post, thanks for reading and please join in letting those know that they Rock!
July 8: CNBC’s personal finance guru, Suze Orman offers sunshine given the current economy: She cautions Northeasterners to wait a little longer before investing in real estate, warns us about bankruptcy law changes, and tells folks not to dip into their retirement funds.
A look at the housing data and Fed Chairman Bernanke's speech on financial regulation, with Joseph Brusuelas, Merk Investments; Michael Darda, MKM Partners; CNBC's Diana Olick & Larry Kudlow
Insight on inflation concerns and conditions in the coming months, with William Dunkelberg, National Federation of Independent Business chief economist
Every once in a while, something is stumbled onto that goes to the beyond in demonstrating that Apella has a long way to go in reaching our goals… the good thing is that there is always purpose. Sometimes the discovery not only allows the realization that there is much work yet to be done, but it also allows for a question to be asked. For the most part questions are good.
Last week an item on the Appraisal Scoop titled An Appraiser Bites Back! by Brian Davis, referred back to a post found on Real Estate Radio USA which really is a must see or I should say listen. The piece did a wonderful job of pointing out views held by many real estate agents when it comes to appraisers… all the while it was not even the shows main intent. Still the piece goes on to show that the work of many is still in progress… and still needed.
Both of these bring to light that appraisers need to work at assisting real estate agents to our world and real estate sales people need to extend into the world of the appraisal. Of course there are those that feel that they do not need to understand the sister industry, perhaps just the same as they would not need to understand the short sale, perhaps they specialize to the extent that they would have no need to exert themselves. Likewise, there are those that are in the appraisal industry that do not understand the importance of working at education and the good public relations that it can bring. However for those that do wish to expand their horizons, there are those willing to help and be a friend. Appraisers that extend to the real estate sales profession a line of communication, one that promotes the reasons why appraisers are required to do what they do and what real estate sales professionals can do to work with appraisals and/or appraisers in their deals will promote the appraisal industry to the fullest.
One place for real estate sales professionals to note is the up and coming show hosted by Rain City Guide’s Dustin Luther on the 4Realz Round Table where he will be interviewing Jonathan Miller from the appraisal blog Matrix and Soapbox. From there the next step is to establish relationships between local appraisers and sales professionals mutually.
Early on the management of this company was fortunate to have the training from real estate brokers that used appraisal services in obtaining their listings. The brokers who helped train were also performing broker price opinion services for lenders and had also taken appraisal related classes. These brokers held a different and open view on how to use the two real estate industries together. I as the writer of this post and management that was trained can not express enough gratitude to these brokers no matter how may times I must argue their philosophy these days. It was their training that has set into play many of this company’s views and actions, including extending what ever can be done to help educate the real estate industries; members and consumers.
Apella however only joins these brokers and those that are working to promote the teaming of the appraisal and real estate sales industries, as there really are many. As an example it was an early set goal of Apella’s in establishing a strong working relationship with a real estate educational provider. In October of 2007 Apella had the good fortune of putting into place an agreement with McKissock Real Estate & Appraisal School. The sole goal of this agreement is to promote education through the use of discounts and the incentives of bettering the members and real estate industries.
There is no doubt that it is hard for many in the real estate sales industry to understand the appraiser. Appraisers can be different in communications and at the same time, many of those in real estate sales see the appraiser as a threat to the sales commission. This thinking can change with education and deals can be put through more smoothly with the proper use of appraisals, more so the better understanding of the appraisal and appraisal process.
Back to the question… being what can Apella do to promote the relationships between appraisers and real estate sales professionals while still keeping the purpose of the appraiser in the real estate transaction? First set into place policy and second set into place practice.
Apella holds the policy that brokers who provide services such as broker price opinions for Apella clients have had USPAP courses as of January 1st, 2005. This is simply based on the business decision to keep the ethics standard as already required with in the appraisal industry. It can not go with out saying, that this is in all honesty, not one of our more high volume services as requested by the client nor is it heavily marketed as most of Apella’s vendors are appraisers only. Yet there is logic behind the policy.
Second, the practice of communication is promoted by the means of the company blog, Table Talk With Apella, the main web site and the prompt response to inquiries as made to Apella by real estate sales professionals (i.e. e-mail and phone calls).
Last but not least, Apella markets to real estate sales professionals and one main reason for this is in order to promote the use of appraiser services by real estate sales brokers and agents. This service is offered as a tool to real estate sales professionals in better serving their clients.
At best it is a start and efforts will continue. To the readers, please be sure to check out the shows and post listed here.
Until the next post, thanks for reading and please enjoy your growth to the most!