The Appraiser Coach Podcast

Homeowners and potential sellers of real estate are no longer turning to Zillow for valuation advice. Rather, they are turning to AI. This, of course, gives appraisers an opportunity.

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A long-time running tradition of the podcast is to interview appraisers in episodes that we call Appraiser Stories. Though Tim is on the program frequently, we've never done an appraiser story with him. Until today! Learn more about this friend of the program and what makes him tick.

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Dustin often talks about working less and making more money, but what does that actually mean? In this episode, he breaks it down into the fundamental principles that are universal and work every time. What does an appraiser need to do to move from being the owner of their own job to being a business owner? Join Dustin as the basic fundamentals are outlined.

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Appraisers are often loudly upset at the stealing of "their" data, but is it your data? Do you have control over what is done once it leaves your possession? What do USPAP and the Confidentiality section of the Ethics rule actually say?

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Not only has Dustin exited his extremely successful appraisal business, but he has helped over a dozen other appraisers do the very same thing. Is your appraisal office worth something? What is its valuation? How do you prepare for a potential sale? Where do you find potential buyers? Dustin literally wrote the book on how to exit your appraisal business, and he shares some myths and tools in this episode.

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On the 20th episode of the The Appraiser Coach podcast Mark Buhler from Southern California joined us for Appraiser stories that was in June 2015. Now, over a decade later we revisit the same questions. What has changed?

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Follow-up to the fee episode (1090) after readers called Dustin an AMC shill. His answer: he's never taken a dime from an AMC, appraisers pay him... so price-fixing isn't just illegal, it's a federal crime, and it doesn't even work. Pricing yourself right and refusing bad AMCs does.

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Technology such as Zoom and Google Chat allow us to meet online anywhere in the world. Why does Dustin Harris choose to meet in person quarterly for the Dream Team, Mastermind, and the Appraiser AI Architects? The answer might surprise you.

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The unknown of AI is quickly becoming known. What people have been scared of in the past is becoming less fearful. We are getting to the point that appraisers can and are building anything with AI. If you can think it, you can build it.

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Dustin has been using virtual assistants overseas (especially in the Philippines) for over 15 years, but what are they actually good at? Can you hire a VA to manage your appraisal office, or is it just for simple data entry?

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When was the last time you said, "Yeah, I probably should do that, but I just don't have time right now," or "I understand I should change the way that I'm doing that, but it's just easier for me to do it myself for now" Dustin shares with you his fire table analogy where we insidiously do the same thing over and over and over again. When taking five minutes to step back and fix the problem will save us all the time and energy moving forward.

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Mr. Tim Andersen joins us for another Dear USPAP Instructor episode, where we discuss the new 3.6 and how it might affect USPAP, or vice versa. The second question we deal with is regarding work file and how much is too much?

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It's been 15 years that the new memberships available at The Appraiser Coach include the All-Star Team and the Dream Team. With the changing world of AI, it is time finally to add two new memberships. One of them is online and one of them is in person. Both of them are focused on helping appraisers learn and build with artificial intelligence.

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You read that right. Dustin spends most evenings and most mornings on his deck. Why? They serve different purposes. One is strategic and the other is reflective, but both represent principles of prosperity.

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What would you do if you got that phone call? Would you be excited or scared? Ethan Brooks from Brooks II Appraisals joins us again to talk about a real-life situation where he was offered and accepted a lot of 800 full appraisals with full fees. How did he do it?

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It is a question that is asked frequently as we get closer to the UAD 3.6 transition, but Dustin shares why it's the wrong question to ask. Not only is it the wrong question to ask, it may be an illegal question to ask.

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In 1970 the ATM was called "The Teller Killer." But instead, banks opened MORE branches, teller jobs doubled. Machines handled the math, humans handled the relationship. AI is your ATM — it automates the routine, you scale the empathy.

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We are used to the standard appraisal reports, even when it comes to private work, but what if you could have an interactive, personalized website delivered directly to your client? Dustin was able to create such an animal in about 20 minutes using AI, and he shows you here how he did it.

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Dustin recently purchased a full self-drive Tesla. The lessons learned in how FSD supervised works apply directly to business and life.

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Our good friend, Mr. Tim Andersen, joins us once again for another Dear USPAP Instructor episode. Today we take a question from one of our listeners regarding wearing two hats, one as the appraiser and one as a potential buyer. Tim also takes a question from Dustin regarding sales that have closed after the effective date.

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