Appraiserfest Has Your Back

Appraiserfest Has Your Back

AppraiserFest tshirt
Appraiserfest movement has your back (and teeth).

After an amazing Appraiserfest conference in San Antonio, I had to have an emergency root canal. So for protection, I wore my Appraiserfest t-shirt and all went well. Proof positive that the Appraiserfest movement has your back (and teeth).

 

What The Appraiserfest 2018 Conference Happening Meant

I can’t speak for each attendee at the San Antonio happening but I can say what it meant to me:

  • A big thanks to Phil Crawford, Mark Skapinetz and Lori Noble for making the dream happen!
  • There was LOVE everywhere – I can’t tell you how many people I spoke to teared up when they talked about the event
  • This was the first “non-trade group” appraiser-centric event in history
  • About 80% of attendees (my rough poll) had NEVER attended an appraisal conference before
  • A documentary crew interviewed a number of appraisers about their experiences during the financial crisisAppraiserFest documentary
  • It was “appraisers-only” so everyone was relaxed and open for discussion
  • It was not a “complain-fest” and was orientated towards the future
  • The event was entertaining and upbeat at all times – like a rock concert
  • There was almost no “whining” (and we’re good at that) since the purpose of this event was to inspire appraisers to look at other business opportunities right in front of them
  • Appraisers who were military veterans were honored in a moving ceremony

AppraiserFest Veterans

  • Attendees were inspired to share their successes such as operational tips and new sources of business
  • Appraisers were lauded for their valuable skills instead of being “beat down” by the entire mortgage world as a cog in the mortgage machine
  • AMCs were not regularly dissed during the sessions despite their damage to the quality of valuations, partly because lenders are just as much at fault and we can’t solve the AMC problem ourselves
  • Most appraisers said they continued to be pressured to “hit” numbers by lenders and AMCs
  • The appraisers that attended were taking responsibility for the future of their careers
  • The mortgage valuation arena is going to lose more of the brain trust of residential valuation if they don’t rethink waivers and hybrids
  • It was widely discussed that hybrid products increased turnaround times and reduced valuation quality so there was general confusion as to why AMCs were aggressively pushing them (it is just another source of business revenue, otherwise no advantage)

Also,

  • Our largest industry trade group focuses on fear and “how not to get sued” – none of that at Appraiserfest
  • Many attendees won’t be able to get the image of Mark and Phil in bubble suits out of their mind (they’re not sorry about that)

Skap Crawford in bubble wrap

  • I always had Frank Black’s song “Czar” as my fantasy intro music and gave my song request to Phil before he even finished asking the question
  • I finally got my own “G5”

Jonathan Miller G5

Jonathan Miller

Jonathan Miller

President & CEO at Miller Samuel Inc.
Jonathan Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm he co-founded in 1986. He is a state-certified real estate appraiser in New York and Connecticut, performing court testimony as an expert witness in various local, state and federal courts.
Jonathan Miller

Latest posts by Jonathan Miller (see all)

Jonathan Miller

Jonathan Miller

Jonathan Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm he co-founded in 1986. He is a state-certified real estate appraiser in New York and Connecticut, performing court testimony as an expert witness in various local, state and federal courts.

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6 Responses

  1. Sounds like it was such a great experience. Look forward to attending next year. Good points, particularly about AMCs, since they are largely doing the bidding of the lenders they are hired by. Yes, number hitting pressure is still there. See it simply by not meeting sales price on an appraisal report, and watch the fur fly.

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    • Baggins Baggins says:

      The most effective solution to stop that is to simply assign orders in strict rotational fashion to all active panel appraisers. They don’t get back in line to wait for another one until the one they have is completed. They know their position is secured by simple standard rotational process. But how then to apply performance pressure to the appraiser or do clever things like shop for discounted rates to pocket the difference…

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  2. Lori Alexandra on Facebook Lori Alexandra on Facebook says:

    I see this being 3xs the size next year. Good to see everyone finally coming together.

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  3. It exceeded all expectations. Great job Lori, Mark & Phil….and all of your tireless volunteers, family and friends whose help made it possible.

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    • Wayne Courtney says:

      Mike I did not attend the Appraiserfest. I thought the structure of this forum was ridiculous and did not serve the average appraiser in any way! They could have made a tremendous progress in leading the appraisal profession toward a goal of professionalism but they just did as we all expected, THEY SUCK!

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      • Wayne, how can you have an opinion about something you know nothing about aside from speculation and hearsay?

        I’m never a fan of such conferences and this was the first I ever opted to attend. I was blown away by the quality AND the suggestions on exactly how the average appraiser can improve their business and professionalism. It exceeded all expectations.

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Appraiserfest Has Your Back

by Jonathan Miller time to read: 2 min
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