Should commercial appraisals emphasize a particular client’s risk perspective? For financial institutions, chief appraisers are concerned about collateral risk. Its impact on the quality of loan origination. For buyers, addressing potential investor red flags for proper due diligence is paramount. A property-specific risk analysis would add an additional desirable dimension to appraisals. The commercial appraisal […]
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As a job manager or chief appraiser at a bank, appraisal workflow can be handled by Outlook/Excel, outsourced to AMCs or third-party workflow platforms. Sometimes when we’re talking with prospects about our workflow platform YouConnect we hear, “Yeah, we’re good” and “If it’s not broke, don’t fix it.” Understandably, you’re busy. Very busy. There’s little […]
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Teamwork is defined as a collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way. Simple enough, but are the team players on your appraisal department engaged? A recent Dale Carnegie white paper suggests that; “Engaged Employees (EE) are a competitive advantage, and […]
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