The Appraiser Coach Podcast

If you don't vote, you lose the right to complain. Now is the time to get involved in the changes that are happening in the appraisal profession.

There is much dismay over the use of PDCs, but can they actually allow appraisers to get back to why they joined this profession in the first place? John Dingeman from Class Valuations joins Dustin to discuss.

Sometimes we accept our 'fate' as if we have no other options. But, maybe we have more options than we think. The unasked question is always a "no.." The asked question may open doors of opportunity.

Some have been worried about AI and its implications on the valuation industry, but you do not have to wait to see. It is already being used at the highest levels of our industry.

Can you, as a valuation professional, make life easy for your clients? Take a lesson from a local restaurant that Dustin ate at recently as a template for your business.

With the slow-down, how can an appraiser have a record year for a company that has been in business for decades. Ethan Brooks did. He joins Dustin on the podcast to talk about how.

Are you sick and tired of hearing about artificial intelligence and machine learning and Chat GPT? Why is Dustin spending so much time on this pet topic?

Joel Baker, Senior Professional of Products Solutions at a la mode, joins Dustin to give some updates on new features in a la mode. He also shares some exciting news about traveling education, laser measuring devices, and apps that appraisers should be using.

...if they don't embrace it. The critics are saying that appraisers need to avoid Chat GPT, BART, and other machine learning modules or they will take over the valuation profession. In this episode, Dustin explains why the opposite of that may be true.

It sure can feel that way. Shawn Telford, Chief Appraiser at Corelogic, joins Dustin to talk change. How will the changes coming to the valuation world affect appraisers?

Dustin gives some real world prompts you might want to try in your appraisal process.

Kyle Paquin joins Dustin to talk data science. Not a sexy topic? Listen to this episode if you want to know how to be relevant in the future of the valuation profession.

You have heard of the Law of Attraction. Well, the opposite of that is the Law of Avoidance. How do we recognize it and what can we do to overcome it?

Functional obsolescence. How do you handle it? Chad Zink from Nebraska joins Dustin to talk about his experience.

Facebook is not just about connecting you with friends and neighbors. It can be a powerful marketing tool... if you do not blatantly use it for marketing.

Friend of the program, Erine Durbin, joins Dustin again to talk about the changes that are happening in the valuation world. Ernie gives a bright outlook on where we are going and if appraisers will actually make more money in the future.

Dustin talks a great deal about self-care. Life should not just be all about work. We are on the planet to enjoy as well, but can you take things too far? He explores that question today.

It is a common problem; how do you do enough appraisal work to make a living without cutting the quality of your work. Perfection is the enemy of done as they say. Dustin shares 7 principles to increase your efficiency without cutting your quality.

The answer is time. That is right. You may think that external forces control your time, but the truth is, we are all given the same amount of time and it is up to us to decide how to spend it.

Tim Andersen, The Appraiser's Advocate, joins Dustin to talk Chat GPT. Specifically, is using it without citing it in an appraisal report akin to plagiarism? What about it being a USPAP violation?

Consistency is a key to success. Today, Dustin shares some little ways that his brain does not have to worry about small things so his brain can be focused on the big things.

Tim Andersen, The Appraiser's Advocate weighs in on the controversy of the day; appraiser modernization. It is a hot topic and Tim has some great advice for appraisers who are caught in the wash of change.

On Facebook, there's a platform called Appraiser Classifieds that allows individuals to buy and sell goods related to appraisers, as well as find service providers for tasks related to appraisals. The best part; it is completely free of charge.

Is it really that big of a deal? How can it help with appraisal work? Seems like a waste of time. Dustin talks about the importance of AI in the appraisal world on this episode.

The longer the slowdown lasts, the harder it is to stay upbeat. Dustin gives ten ways to remain positive during the slower season.

There is a lot of fear centered around the Fannie Mae move toward 'modernization' and using data collection people rather than appraisers for more on-site visits. There are definitely some concerns, for sure, but is it all bad news? Maybe we are afraid of the wrong thing?

With knowledge comes power. Understanding how real estate markets cycle will better empower you to make the right decisions to stay relevant.

Artificial Intelligence and Machine Learning (like ChatGPT) are rapidly improving. Many are fearful this type of technology will replace many of the jobs we know and do today. What about appraisers? Will AI and ML take over the appraisal profession? Let's ask ChatGPT.

There are way too many changes coming our way right now. It can be scary, but change can also bring opportunity.

Dustin recently wrote an article for the Appraisal Buzz (https://appraisalbuzz.com/real-prompts-for-chatgpt-for-appraisal-reports/) about Chat GPT and how it can be a tool to assist appraisers in their appraisal work and the comments BLEW UP! Today, Dustin addresses some of the myths that are out there about Artificial Intelligence (AI) and why fear is not the answer.

With the recent changes to the HUD requirements for appraisers, I removed my ladder from my vehicle - never to return.

Dustin just got back from three Mastermind meetings. He noticed there is one person in every group who is still very successful. Despite the high interest rates, appraisers can still make money. Why? Dustin gives the reasons today.

Recently Fannie announced that she is moving away from the traditional model of appraisal on nearly every loan closed. Dustin talks about why this 'announcement' is no surprise to those appraisers paying attention.

Tim Andersen joins Dustin for another Dear USPAP Instructor to discuss Tidewater and what counts toward trainee experience.

Artificial Intelligence is changing the world and the appraisal industry. What is this Chat GPT thing everyone is talking about?

There have been some questions and criticisms of Dustin Harris, The Appraiser Coach, on social media and his blog. Dustin takes the time to address some of those concerns (including the lovely - and fake - Bill Johnson) today on the podcast.

Dustin had two experiences lately that taught the value of customer service.

Dana Schau joins us again to share her experience, as a woman, getting into the appraisal profession. She also shares more about her move from Michigan to North Dakota and what a rural appraiser deals with.

Part of understanding the loss side of the profit and loss statement is understanding what you can and cannot live without.

If you have not yet heard of Chat GPT, stay tuned. If you have heard of it and used it a little, but are curious as to how Artificial Intelligence is changing the valuation world, this episode is for you. Dustin takes you through actual examples of how Chat GPT can be used in your appraisal business.

In slow times, it is important to look at our business losses and decide what can stay, what needs to go, and what needs to be adjusted. Dustin helps you dig into your P&L and know what and where to make changes.

Ernie Ramos of Advanced Appraisal Associates, INC in Chicago joins Dustin to talk about diversification. Ernie has set up a successful appraisal business doing a variety of products and it has been good to him in the downturn.

Dustin's favorite part of the P&L is the profit side. That is where production takes place, but it is not just about understanding what the Profit is; it is also about understanding the details of such analysis.

Tim Andersen is back. In part of the Dear USPAP Instructor series, Tim answers the question about neighborhood definitions and even delves into mineral rights.

Normalcy Bias; it keeps us from moving when the fire alarm goes off and it keeps us from building our business when things are slow.

It is Women's History Month. Today, Dustin interviews two, veteran appraisers who happen to be female. What has their experience been in a world dominated by men?

Many appraisers are feeling it; the market has slowed down. However, a successful business owner never slows down. What to do when the market is slow is today's topic.

In 2022, interest rates went up considerably. That has caused a slowdown in the mortgage industry (and in return, the appraisal profession). Many appraisers are now scrambling and trying to figure out how they pay their bills during this difficult time. Dustin has some real-world, practical ideas on how to not only survive - but thrive - in the slower work environment.

It is not only possible to make money while you are on vacation, it is probable when you follow the principles of success.

You have heard the axiom "dig your well before you are thirsty," but is it too late? Nope. We are in a low volume appraisal era, but it is not too late to dig your well while you are thirsty.