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Articles by May, 2017

ASA Has Lost Tourch With Its Older Members

by Administrator on May 1, 2017 Appraisal Industry 1304 Views

The American Society of Appraisers (ASA) recently "reverted" my membership after nearly 25 years from a designated ASA member to a an Accredited Member (AM). Why? It's money of course. I have taken many courses but if ASA does not receive their blood money for "reaccreditation" then you as a member are now automatically reverted. ASA doesn't even want to deal with their members, they have set it all up through a third-party vendor. I guess it's to hell with the past members, they simply don't care. The organization (ASA) has no provisions or breaks for senior members, I guess if you are lucky enough to live to 75 they give you some break just before you die. But for those of us in our mid to late 60's its just assumed that we are as active as if we were 25. No break for us, pay the fees or get out, that's the message.

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Will the Raiders Domed Stadium Increase my Market Value?

by Administrator on May 3, 2017 Investing 671 Views

The development of a $1.9 Billion dollar professional football stadium down the street from your current business location is usually a good thing. There are always those who may garner a real property value increase due to the stadiums location but then realize that the traffic from the new venue may destroy their ability to do business or it may make renting their building to a tenant or tenants more difficult. You can have a huge real property market value uptick and still lose your tenants or lose the utility of your building for its current use at the same time. Appraisers are always asked "how much of a property value Increase can I expect?" It's not something that can easily be answered because, as you know, each property is different and each will benefit more or less from the stadium development.

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Is Your Appraisal Volume Seasonal?

by Administrator on May 8, 2017 Business Operation 528 Views

Most of us (appraisers) live with variable demand that is caused by the ups and downs of our local real estate markets. If you are a residential appraiser you get busy when school lets out in April or May and then the volume abates when school starts in September. The same cycle affects real estate salesmen and bankers alike. Depending on who your regular customers are you may go into November and December very slow each year or if you have different clients you may not see that much of a change. Of course, it's easy to tell you that if you had a more diverse customer base that you would not have those seasonal swings, but in some places that seasonal activity is some of the only activity that occurs during the entire year. For those in the northern climes the cold weather and snow freezes out most real estate sales. That's why for some the real property appraisal business is effectively a part time business.

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Cheap and Free Money Transfers

by Administrator on May 14, 2017 Business Operation 563 Views

If you have been in the appraisal business for any length of time you have wrestled with credit card processing. People love to give you their card but it's not so easy on the receiving end. I have been with the big processors, they have no qualms about throwing in an extra $ 125 charge, every once in a while, just because they can. I find it intolerable and after trying a couple of times I have quit them all. I have also tried PayPal, Authorize.net, Square, Inc. and PaySimple.com. It's all painful, they either charge you big monthly fees, a big signup fee, extra fees that were not clearly presented or they will do frequent charge backs or they will find some other way to torture you. If I had my choice I wouldn't deal with any banks. In fact, I have my business account with a credit union. There are fewer fees and punishment opportunities.

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Land Value Appraisals and Entitlements

May 23, 2012 • 4482 Views

Condemnation Appraisal

Nov 14, 2011 • 2329 Views

AVM's and Commercial AVM's 2013 Update

Aug 28, 2013 • 2254 Views