Join us on LinkedIn Follow us on Twitter Like us on Facebook Follow us on Instagram
 
  OCTOBER RESEARCH STORE Already a subscriber? LOG IN
AddControlToContainer_DynamicNavigation4

Appraiser News

Appraisers knowing their ‘why’ is key to success

Email A Friend Printer Friendly Version
0 comments
Appraiser News
Wednesday, November 3, 2021

In Dustin Harris' (“The Appraiser Coach”) blog post, “Knowing Your Why is the Key to Success,” the veteran appraiser reminds everyone how important that word “why” will be to them. Harris says he mentors a lot of appraisers from all across the nation and most of the time, appraisers ask him how to do something such as, how to get their business to the next level.

Questions range from how to be more efficient and how to be able to close the doors at 5 p.m. to how to have weekends off. 

“While the answers to these ‘how’ questions might provide some help, the more important questions are ‘why’ and ‘what.’  If I had to give them an order, I’d say that why is the most important and how is the least,” Harris said. “I’m sure you understand the difference between ‘why’ and ‘what,’ but people often confuse what and how. To make it easier to understand the difference, let’s relabel those. ‘Why’ equals the principles, ‘what’ is the practices and ‘how’ means the procedures.”

Harris reminds appraisers that their principle, the driving factor behind everything, could be more financial freedom and time flexibility.  This is their ‘why,’ it’s the thing that appraisers are working towards. Now, he says, comes the practice, what appraisers do to allow them to get closer to their why. 

“Maybe your practice is going to be 20 appraisals a week,” he said. “This would allow you to have the finances to support your life but also give you time to spend with your family.  Finally, you’re at the boots on the ground part, the procedures you’ll use to make those 20 appraisals possible. It is the hiring of a VA or getting some particular software type thing.

“Starting with the procedures is putting the cart before the horse,” Harris added. “You don’t need to hire that VA until you have an idea of what you need them to do.  You won’t know what you need them to do until you know why you want to do it. You have to start by knowing why you are doing everything you are doing.”

The veteran appraiser also said that most people actually have a why, they just haven’t taken the time to really think about it and define it properly.  Once they do that it makes a huge difference, everything shifts. Harris recently helped one of his coaching clients make a major life decision.  They were trying to decide between continuing to run their own practice or taking up a staff position they had been offered at a firm.

Harris spent several coaching sessions with this individual looking at figuring out their why, digging into what they wanted their future to look like. Determining why they were doing what they were doing was the key to making a decision.

“As a business coach it’s not my job to give you the what or the how,” Harris said. “I’ll help you with that, but it is more important that I help you decide what your why is. Once you find that why, you’ll know what you need to do and how you need to go about doing it.

“Don’t spend all your time working in your business, don’t focus only on what and how,” Harris added.  “Knowing why you are doing what you are doing helps you make the decisions that will move your business to the next level. Are you, on a regular basis, asking yourself ‘why’? It may change the way that you live your life.”

 

Today's other top stories
Economist gives housing market recap for appraisers
New Jersey legislation addresses auto insurance appraising
Veros outlines its optimization of AVM testing methodologies
Class Valuation launches ‘next-generation’ appraisal review solution
Hyper Valuation hires managing director


COMMENT BOX DISCLAIMER:
October Research is not responsible for the comments posted on its websites by readers. We will do our best to remove comments that include profanity or personal attacks or other inappropriate comments.
Comments:

Be the first to leave a comment.

Leave your comment
Please enter a comment.
CAPTCHA Validation
CAPTCHA
Code:
Please enter the word displayed in the image above. Please enter the word displayed in the image above.
: 
Please enter your name.
: 
Please enter your email address.
This field must contain a valid email address.
Your Email is for reporting purposes only. It will NOT be displayed.
Popularity:
This article has been viewed 2287 times.

Print Edition - June 23, 2025

News by Topic   In-depth Reports   Events   Subscribe
Conference Coverage
Appraiser News
Commercial Corner
Legal News
Market Watch
Technology Corner
 
 
Expanding Your Appraisal Business
2025 State of the Industry
2024 Voice of the Appraiser
2024 Appraisal Technology
Marketing Your Business
Appraisal Bias
Archives
 
National Settlement Services Summit (NS3)
Women's Leadership Summit (WLS)
Webinars
 
Subscriptions
Free Email Updates
Try a Free Edition
News by Edition   About   Other Publications    
May 26, 2025
June 9, 2025
June 23, 2025
Archives
 
Valuation Review
Contact / Editors
Social Media
Advertise
Request a Media Kit
Are You An Expert?
Subscriber Agreement
 
Dodd Frank Update
RESPA News
The Title Report
The Legal Description
   
Copyright © 2002-2025 Valuation Review
An October Research, LLC publication
3046 Brecksville Road, Suite D, Richfield, OH 44286
(330) 659-6101, All Rights Reserved
www.valuationreview.com | Privacy Policy
VISIT OUR OTHER WEBSITES
> Dodd Frank Update
> RESPA News
> The Title Report
> The Legal Description
> NS3 The Summit
> Women's Leadership Summit
> October Research, LLC
> The October Store
Loading... Loading...
Featuring:
  • Delivery 3X a week plus breaking news as it happens
  • Comprehensive title insurance industry news
  • Recent acquisitions, mergers, real estate stats
  • Exclusive in-depth coverage of the industry's hottest stories
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Comprehensive Dodd-Frank coverage
  • The latest information from the CFPB
  • Full coverage of Congressional hearings
  • Updates on all agency actions
  • Analysis of controversial provisions
  • Release of newest studies and reports
Sign up today and...
  • Be one of the first to know where NS3 is being held
  • Learn about NS3 speakers and sessions
  • Save on registration with Super-Early Bird rates
  • Discover the networking opportunities NS3 offers
  • Find out if CE credits will be offered for your area
  • And much more
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Preview the latest RESPAnews.com Top Story
  • RESPA related headline news
  • Quote of the Week
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Legal, regulatory and legislative information impacting the settlement services industry
  • News from HUD, Congress, state legislatures and other regulatory agencies
  • Follow the lobbying efforts of all the major national real estate services organizations.
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • The industry's only full-time newsroom
  • Relevant, up-to-date appraisal industry news
  • Covering the hottest stories and industry trends
NEWS BY TOPIC
NEWS BY EDITION
IN-DEPTH REPORTS
EVENTS
RESOURCES
FREE EMAIL UPDATES
ABOUT
SUBSCRIBE
Conference Coverage
Appraiser News
Commercial Corner
Legal News
Market Watch
Technology Corner
Sponsored Content
Current Edition
June 9, 2025
May 26, 2025
May 12, 2025
April 28, 2025
Archives
Expanding Your Appraisal Business
2024 Voice of the Appraiser
2025 State of the Industry
2024 Appraisal Technology
Marketing Your Business
Real Estate Compliance Outlook
Appraisal Bias
Finding & Training the Next Gen
Archives
National Settlement
Services Summit (NS3)
Women's Leadership
Summit (WLS)
Webinars
2025 Economic Outlook Series
New Appraisal Reports
Compliance Series
Technology Series
Manufactured Housing
CFPB's Shake-Up & Its Impact
Appraising Office Space Today
Eminent Domain
Securing Your Cyber Network
Keys For Operational Efficiency
Drones Do's and Don'ts
How to be an Expert Witness
Webinar Archives
Keys to Real Estate Podcast
Blog - Tuesdays with Mary
Executive Interview Series
Social Media
Valuation Review
Contact Us
Advertise
Request a Media Kit
Are You An Expert
Subscriber Agreement