Appraisers are in a struggling profession. Dustin Harris has discovered a way to buck the current trends and be a successful business owner despite the challenges. In this podcast, he shares his secrets with other appraisers and helps them to be more successful as well.
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John Wilhoit On Real Estate is the premier podcast for real estate investors, property managers and home-owners. Learn how to use professional market-driven investment techniques like a pro, connect with industry experts, and get the strategies and tools to grow and scale your real estate business. With listeners, readers and customers in countries around the globe, our goal is to become one of the world’s most trusted voices sharing the best of what works in real estate for the individual i ...
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939 Doubling Private Appraisal Work in a Year
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Today we have 10 year Mastermind Veteran, Brianne on the program to talk private appraisal work. She doubled her private volume in a year. Today, she talks about how she did it.
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It is okay to have a bad day or a bad couple of days. Appraisers are struggling right now, but there you can choose how you feel.
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Most appraisers are still struggling to get volume. Some are contemplating leaving, but is that the only choice? Dustin lays out 4 options for appraisers who are slow.
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In January of 2024, Dustin held the first ever VIP Mastermind in Paradise on the Island of Kauai. Here is a quick rundown of what went on and a little peek into next year.
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Brent Bowen joins us to talk about stats, numbers, data-science, and what it all means. What is it an appraiser actually does? How do we support the adjustments we use? Brent explains it on a level we can all understand.
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When times are lean, what can we get can be all we can think of. But, maybe now - more than ever - we should be thinking about what we can give.
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933 What if We Combined PAREA and the Current Trainee Model?
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Many appraisers are upset with PAREA, but what if we took a page from the pathway to become an electrician and combined mentorship with PAREA? I think the idea has many benefits.
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932 More Banned Words and Why I Don't Care
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931 Dustin Kinda Responds To the Negative Nellies
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Dustin does not typically respond to negative comments, but he could not help himself this time. He wrote an article for the Buzz in October of 2023 called "Are Appraisers Actually Making More This Year" and as you can imagine, it was fraught with negative comments. Dustin responds, not directed at the negative, but for those who are interested in …
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The short answer is, Yes. Check out this minisode to find out why and what is next for The Appraiser Coach.
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929 What is an Arm's Length Transaction and Why is it So Divisive?
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Scott Bacnkiewicz joins us to share some research he did on arm's length vs non-arm's length transactions. He shares some information on what they are and why appraisers have such strong opinions on the matter. CORRECTION: The statement "Market Value Definition," was meant to be stated as, "Arms Length Definition."…
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928 The Appraiser Coach Has a New Website
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Much easier to navigate and much easier to understand. The Appraiser Coach has a new website. Check it out at www.theappraisercoach.com
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927 Can A Client Give A Copy Of Your Report To A Third Party?
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Mr. Tim Andersen is here again to help us answer the question, "where did you get a copy of my report, and is that even legal?" He also helps us with the question of how far can a client go in telling you how to do your job?
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926 It's Okay If You Need or Want to Leave
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925 The AEI Confirms Appraisers Are Not Bias
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The American Enterprise Institute (AEI), using data from FHFA, confirms that appraiser racial bias is not systemic. Dustin discusses why this is a positive for appraisers, but be careful of the details.
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There are, unfortunately, more and more loan buybacks occurring in the lending world. That often means appraisers get thrown under the bus. In this minisode, Dustin explains why buyback revisions should be treated with the same level of seriousness as state board investigations.
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923 What Are Appraisers Saying About The Profession?
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Good friend of the program, Mike Holzheimer joins us from Valuation Review and October Research to talk about the new Voice of the Appraiser survey for 2023.
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Dustin shares two, non-appraisal, stories of bad customer service and what we should learn from them.
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921 Can You Pay Commissions to a W2 Employee?
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Many think if you pay a percentage of the appraisal fee, you must only do so through an independent contractor agreement. Not true. Dustin shares how to do it with regular W2 Employees and some hurdles to watch out for.
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920 After a Year of Transcendental Meditation
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It has been just over a year now, and Dustin reports on his daily practice of TM. Is he still doing it? Is it still beneficial to the stressful life of an appraiser?
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919 Sole Proprietor vs Corporation - How to Set Up Your Appraisal Business
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Do you set up a corporation, an LLC, or a sole proprietary company? It is an excellent question and The Coach has some advice.
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With less volume comes more time on your hands. Some appraisers are using that time to attack others. Dustin gives a better solution to how you might spend your extra time.
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916 Create an Offer So Good, People Feel Stupid Saying No
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A simple concept, but how can you make this apply to real estate appraisal? How do you increase your volume and revenue by creating great offers for your potential clients?
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915 Can You Talk To Lender B About the Appraisal You Completed for Lender A?
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It happens all the time; you get a call from a lender you did not do a report for, but they want to talk to you or get a revision on a report they are in possession of. Can you talk to them? Tim Andersen answers it as well as can you change an original report instead of doing a final?
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There is a difference between having a job and owning a business. There is one key indicator to know the difference.
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913 Should Appraisers Be Employees or Independent Contractors?
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It is a difficult question, but should you classify those who work for you as W-9/1099 Independent contractors or W-4/W-2 Employees? What about trainees? How about other certified appraisers? Dustin breaks down the tests that should be answered to know how to classify your employees properly to avoid penalties and interest if you get it wrong.…
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The word of the day is capture. The reason most of us do not get done what we commit to is because we do not capture the idea. In this minisode, Dustin talks about how to capture ideas so that you are a person of Integrity.
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911 Why is 2023 a Better Year for Some Appraisers Than 2022?
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So many appraisers are slow, but are some appraisers actually doing better this year than last? Yes! Dustin shares why.
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910 The E-Myth For Attorneys (I mean Appraisers)
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Dustin is a big fan of the E-myth Revisited by Michael Gerber, but he may have found a book he likes even more. Today is his book report.
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909 What To Say When You Speak at Real Estate Agent Offices
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So, you finally got that gig booked to speak as an appraiser expert at the real estate agent office. What should your topic be? Dustin shares 6 topics that are always a hit and some other advice as well.
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Are the thoughts we think keeping us from progress? Even if those thoughts are based in rationality, it may be time to reevaluate what we are thinking.
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One of the reason we are all addicted to Amazon is because they make shopping online too easy. They take the hard out of it. Can we apply the same principles to our appraisal company?
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Dustin recently was gifted a walking desk. Why would anyone want to walk while they work?
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Appraisers have been challenged lately on the words we use in our reports. It can be easy to get our backs up about the language we use, but how many of us have every stopped to question the words we use? Tim Andersen is here to discuss.
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904 Don't Miss Out On Progress Due to 'What If's"
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Preparation is never a bad thing, but sometimes fear of things that might happen will keep up from progression.
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It has been a year since Dustin spoke with Jeff Allen from Cubicasa. Lots of progress and changes have been made. How accurate is it?
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902 It's Not Your Fault You Are Not Successful
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We were taught to be appraisers, not CEOs of our businesses. Though it may not be our fault, it is not too late to remedy the problem.
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901 One Realtor/Appraiser's Advice to Fellow Appraisers
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Sometimes the divide between appraisers and Realtors can be wide. Tanner Hoss, broker and appraiser in Southern California, has some wonderful advice for any appraiser who is interested in strengthening their relationships with real estate agents.
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900 The Freedom of Being Location Independent
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898 Difference Between an Assembly Line and a Procedure Manual
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Two tools that Dustin is constantly using and referring to in his coaching are the assembly line and the procedure manual. These are often mixed up or conflated, but they are two, distinct tools with a relationship to one another.
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897 Flat Fees Vs Percentages Vs Hourly For Trainees
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So, you have decided to hire a trainee, but what to pay them (if to pay them at all). Dustin discusses the various models and gives some advice on how to choose one for you.
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Dustin has been preaching working On the Business Not In the Business for years. He does it weekly, but recently took an entire day of OINII time.
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895 Is a Tenant Landlord A Non-Arm's Length Transaction?
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894 There Have Been Some Changes in the Virtual Assistant World
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Can you hire a qualified individual overseas for $2 an hour? Probably not anymore. Dustin talks about changes in the VA world.
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893 You Got How Much For That Appraisal!?!?!?!
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Sometimes we get in our own way when it comes to fees. We think we know what is acceptable and we sell ourselves short.
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892 What If You Could Learn One, New, Good Idea A Day?
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Some have asked why Dustin spends an average of an hour a day on Chat GPT. The answer is in what he gains from the effort.
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891 With Modernization In the Industry How Does an Appraiser Modernize?
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We talk about modernization (change) within the valuation industry, but how can a local appraiser keep up? How can we remain relevant and continue to make money as professionals? Joshua Walitt (Walitt.com) is here to talk specifics.
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