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Your Appraisal Company Forums Subforums

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Business Forms

Client engagement letter. Fee schedule (product & services). Field inspection checklist. Non-compete agreement. Request for appraisal. Resume. Subcontractor agreement.

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Day to Day Operations

Appraisal volume (slow, busy or dead). Business references. Automobile/car. Dealing with clients, brokers & homeowners. Do not call list. Lender stipulations & revisions. Reading recommendations (what to read). Strategies for getting & staying organized. Surviving the home/basement office. Turn-around time. Underwriters, reviewers & processors. Warnings (appraiser-to-appraiser). Workfile.

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Digital Technology

Backing up your data. Contact database management. Digital workfile (scanning). Domain name registration. Email. Going paperless. Modern appraisal office. Multiple Listing Service (MLS). Portable document format (pdf). Virtual fax (facsimile) machine. Virtual office. Website & ecommerce.

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Financial

Accounts payable. Accounts receivable. Collect at door. Collections & bad debt. Cutting costs & controlling expenses. Financial statements: balance sheet, income statement, statement of cash flows. Gasoline prices. Gasoline fuel charge. Merchant account (accepting credit cards). Payroll companies. Requiring prepayment of appraisal fee. Split fee & referral fee.

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Insurance

Automobile insurance. Disability insurance. General liability insurance. Health insurance. Health savings (HSA). Homeowners insurance. Life insurance. Workers compensation insurance.

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Legal

Background (CORI) check. Being sued. Filing small claims lawsuit. Pre-paid legal services. Preventing appraisal fraud & deception. Preventing appraiser identity theft. Receiving a subpoena.

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Marketing

Better business bureau (BBB) accreditation. Business cards. Business slogan & tagline. Getting on approved appraiser lists. Holiday cards & gifts. Logo design. Marketing tips. Naming & branding your business. New business development. Signage.

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Owner Responsibilities

Alternative employment ideas. Business entity (structure). Business plan. Buying an appraisal company. Changing your business name. Closing an appraisal business. Corporate name conflict. Getting out of the business soon. Help getting started (startup phase). Home office vs rented office. Minority owned business. Retirement. Selling an appraisal business. Sharing office space. Strategies for retaining your best appraisers. Vacation. Woman owned business.

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Your Appraisal Company: Other (not otherwise listed)

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