24th July 2014

Zaio Announces Acquisition of Axis Appraisal Management Solutions

CALGARY, July 23, 2014 /CNW/ – Zaio Corporation (TSX-V:ZAO), (“Zaio” or “the Company”), is pleased to announce that, as the result of a successful due diligence process, it has entered into a definitive agreement to acquire 100% of Axis Appraisal Management Solutions Inc. (“Axis”) with Axis and shareholders holding 97% of the issued share capital of Axis. Zaio and Axis expect that the remaining shareholders will sign the definitive agreement by the end of the week, however, in any event the shares of any minority dissenting shareholders will be acquired pursuant to the dissent procedures under applicable legislation. …continue reading the rest of this post: Zaio Announces Acquisition of Axis Appraisal Management Solutions

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24th July 2014

2014 AMC Directory – Updated 07/01/2014

I thought I would make a little video to promote the new 2014 AMC Directory.  I have noticed work picking up and I am getting more work from the appraisal management companies over the past few months.

Still working on updating the appraisal management companies with all my current e&o information and such, I guess I got dropped from a lot of the panels because I did not keep my information updated.

It is always a good idea to go through your list of past Appraisal management companies that you don’t mind getting orders from and keep your information updated.  A lot of their systems don’t automatically send out reminders when information needs to be updated and you just won’t get any more offers.

Good luck out there! Happy appraising!

posted in Appraisal Management Companies | 0 Comments

22nd July 2014

In 4 years Dodd-Frank has yet to create a fail safe system

repost from: http://www.bloombergview.com/articles/2014-07-20/dodd-frank-s-four-years-of-doing-nothing

dodd-frank

Four years after President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, polling suggests that most Americans think it hasn’t done enough to protect them from a repeat of the 2008 financial crisis, a disaster from which the global economy has yet to fully recover.

Unfortunately, they’re right. …continue reading the rest of this post: In 4 years Dodd-Frank has yet to create a fail safe system

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21st July 2014

Is Chase really calling it quits in home lending?

I came across this post the other day:

http://thenationalrealestatepost.com/chase-calls-it-quits/?utm_source=dlvr.it&utm_medium=facebook

Chase getting out of home mortgages?I am really wondering if they are calling it quits in the home loan industry.  If anyone has any additional information on this, I would love to hear it!

The short article goes in to some information about how Chase is getting out of lending, but all I could find was some information that they are getting out of the student loan business last year.

With all the ups and down in the home loan industry and how they have a really bad relationship with real estate appraisers, I would really love to know if they are getting out of home lending completely!

Bryan

http://appraiserincome.com

 

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18th July 2014

One technique I use to get more appraisal orders

So I was checking out the forums today and came across a post asking if people use video to promote their appraisal services.

Of course on the forums there were a lot of comments, not giving any real information if people use video, more reasons why they do not do any marketing and then some more about how they hate their jobs… Lol.

So I posted something along these lines and I hope it helps if you are thinking of using video to promote your appraisal services.

– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –

I definitely use video quite a bit when marking appraisal services to potential clients, you can see a bunch that I recently created for this purpose.

http://appraiseallrealestate.com/appraiser-sandiego/new-real-estate-appraiser-videos/

There really is nothing special in the videos, I really don’t plan on people even watching them, that is why they are very short videos.  They are super easy to create using Animoto and they work VERY WELL!

Appraiser Videos

There are a number of reasons why you would want to spend the time to make videos to promote your appraisal services.

  1. The first one is that YouTube is owned by google, the largest and most used search engine around.  I think I recently read that more people search for products on services on YouTube possibly even more than in Google itself.  So being owned by google, they will display videos related to the keywords that your customers are using to find appraisal services in their area.  Google will sometimes display those results at the top of the page even before all the other search engine results!
  2. Google also loves new content, new media and all forms of new content, they will quickly add it to their database and give it a little boost when it is new.  You have a way better chance of showing up in the search engine results quickly with a new video that a new website. (websites will usually rank for longer periods of time though)
  3. If you optimize the title, keywords and description in YouTube, you can easily add a clickable link to your website right in the description and your phone number in the title so your customers can find you easily.
  4. When you add videos to your website, in to your google+ or google my business accounts, your profile will get a boost, giving you better chances to show up in the search engine results and the map on the side of the page.
  5. The link to your website in the description will help your actual website to rank better in the search engine results for the keywords your potential clients are using.

One final note.  They are super easy to make.  You can easily create short slideshows in animoto and upload them from animoto to your youtube account. You can also create more informative videos that have the possiblility of getting tens of thousands of views, furthering improving the rank to both your youtube channel and your website.

Before you discount this completely, try search for major cities in the United States followed by appraisal or appraiser.  Most likely you will see great examples of this.  If there are none in your market area, you should be able to get your videos to show up with proper optimization.

If you would like to see a tutorial on this process, you can get a $1.00 trial to the Appraiser’s club and check it out.

Give it a try, you will be surprised with the results!

Bryan

http://appraiserincome.com

 

 

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16th July 2014

Court Certifies Class and Approves Nationwide Class Settlement for Bank of America Review Appraisers

Editor’s Note: A federal court in California has certified a class action challenging Bank of America’s failure to pay overtime to staff appraisers. In another case, staff review appraisers stand to receive a settlement averaging over $10,000 each from BOA/LandSafe.

Landsafe Appraisal

Court Certifies Class and Approves Nationwide Class Settlement for Review Appraisers
by Bryan Schwartz

http://workingre.com

United States District Court for the Central District of California, Hon. David O. Carter, certified a class action challenge on behalf of hundreds of real estate appraisers employed by Bank of America and its appraisal subsidiary, LandSafe Appraisal Services, around California, seeking back wages for unpaid overtime, meal and rest period premiums, and other wages and penalties

Judge Carter also granted his preliminary approval to a $5.8 million settlement on behalf of another group in the case, called Review Appraisers – who verify the Residential Appraisers’ reports. Approximately 370 review appraisers nationwide will soon receive notice of the settlement, which is expected to receive final approval in November 2014, barring any successful objections. Each participant, on average, will net a payment of over $10,000 in the settlement, and the position will be reclassified in 2014 so that Bank of America’s Review Appraisers will be paid overtime going forward.

Boyd, et al., v. Bank of America, et al
The case in question, Boyd, et al., v. Bank of America, et al., was brought by San Francisco Bay Area attorney Bryan Schwartz along with Schonbrun, Desimone, Seplow, Harris & Hoffman of Los Angeles. The action alleges that Bank of America wrongly called appraisers exempt from wage laws based upon the notion that they were company administrators or policy-makers (like human resources officials) or learned professionals (like attorneys and doctors), who must undergo a prolonged course of specialized academic instruction. …continue reading the rest of this post: Court Certifies Class and Approves Nationwide Class Settlement for Bank of America Review Appraisers

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15th July 2014

Newly updated 2014 Appraisal Management Company Directory

2014 Appraisal Management Company Directory Newly updated 07/01/2014! 

On this last update, I went through the entire list of appraisal management companies and removed any of the companies that have had problems paying appraisers, those that have gone out of business as well as adding a bunch of new companies to the list. They are all clickable links on the electronic version and a printed version is also available for those that want to write their usernames and passwords directly in to the book.

With the incredible slowdown that has been experienced recently, it is a great time to update all of your information with the AMCs and sign up to a bunch of new companies. The list has over 200 companies with the top 42 on the list are the companies that sent me the most work in the past year. There is still a lot of work out there.

 

Why are you not getting the appraisal orders?

There are a lot of reasons why you might not be getting a ton of work from the appraisal management companies. Topping the list of reasons is due to document updating when you get a new license or e&o insurance. You can also reach out to all the appraisal management companies by phone to speak with the vendor managers. AMCs like to work with appraisers that reach out to them and you might even get on their preferred list of appraisers.

Of course fees vary from one company to the next. I have not accepted less than customary and reasonable fees for many years now and I am not about to get started. A lot of these AMCs still work with the fees with appraisers as long as you explain the situation.

Well, I just wanted to let everyone know the new directory is available and you can order your copy today. Thanks again for being a valued subscriber to Appraiser Income! http://appraiserincome.com/shop/catalogue.php

Wishing you success in 2014,
Sincerely,
Bryan Knowlton
http://www.appraiserincome.com

 

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15th July 2014

Appraiser Qualification Changes for 01/01/2015

The Bureau of Real Estate Appraisers would like to remind all Licensees and potential licensees that the Appraiser Qualification Changes become effective on January 1, 2015.  These changes affect the minimum education requirements and mandate courses for those in a supervisory or trainee role.  If you or someone you know is planning on submitting an initial or upgrade license application before the January 1, 2015, deadline, the application must be complete, which means that the applicant MUST PASS THE EXAM prior to the January 1, 2015 deadlineTHERE ARE NO EXCEPTIONS!

EDUCATIONAL CHANGES

…continue reading the rest of this post: Appraiser Qualification Changes for 01/01/2015

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15th July 2014

How Does Your Appraiser Website Rank?

Appraiser Website RankingHey Everyone! Hope you are having a great week.  Today I came across a question from a fellow appraiser about traffic to their website.  They have a relatively new website that is getting a few hundred hits a month and just wanted to see if they are doing the right stuff to get more traffic and such.

One of the first things you want to determine is the number of people that contact you after they visit your website.   Even if your website is getting visits, it is worthless unless people are taking the next step to contact you.

Make sure your contact information is placed throughout the website and that you have a mobile version of your website as well.  That is a good starting point.

The next step you will probably want to take is to get some good analytics added to your website so you can see where that traffic is coming from, and if it is from the search engines, what keywords they are using to find your website.

You can have thousands of visits a month, but if they are finding your website because you are ranking for the wrong terms (funny cat at appraisal, real estate for sale, etc….), then that traffic is pretty worthless to your appraisal business.

You want to determine your keywords as soon as possible, usually prior to building a website, but you can also make changes to your website to help the search engines and other websites determine it is actually an appraiser website.

So optimize your website for those primary keywords and use those keywords in your social profiles, throughout your websites, in your blog posts if your blog, when creating videos and in all of your marketing efforts.

You can track the progress you are making by checking your analytics from time to time and by getting an app that tracks your website ranking.  I like to use an app called SEO Ranking.  It keeps track of your placement in Google.

Iphone – https://itunes.apple.com/us/app/seo-search-ranking/id320423449?mt=8

Android – https://play.google.com/store/apps/details?id=com.leonhuang.seosearchranking&hl=en

Most likely if your website is showing on the first page of google, you are top ranking on all the other search engines.

If you would like more information on optimizing your website, or getting a free optimized website by being a member of the Appraiser’s Club, please visit http://appraisersclub.com for more information and to attend one of our free webinars!

I hope you found this helpful!!

 

Bryan Knowlton

http://appraisersclub.com

 

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