28: Let's Talk Appraisals
Hustle Humbly Podcast
Alissa Jenkins & Katy Caldwell
4.9 • 916 Ratings
🗓️ 17 February 2020
⏱️ 52 minutes
🧾️ Download transcript
Summary
💡 **In This Episode**
Let's demystify appraisals! Katy and Alissa invite Alissa's dad Johnny — a veteran appraiser — to explain how appraisals work and what agents need to know.
Johnny shares stories from over 40 years in the business and gives honest, helpful tips for working with appraisers the right way.
🧰 **Resources Mentioned**
- [Email Templates 101](http://emailtemplates101.com)
- [Agent Systems 101](http://agentsystems101.com)
- [Free Database Template](http://hustlehumblypodcast.com/starthere)
🥂 **Toast of the Episode**
To smoother appraisals and better understanding between agents and appraisers. 🥂
💬 **Join the Conversation**
Submit your topic ideas and toasts to hello@hustlehumblypodcast.com
Follow us on Instagram @hustlehumblypodcast
🔖 **Episode Tags**
real estate appraisals, home valuation, appraisal myths, agent education, working with appraisers, real estate transactions
Transcript
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| 0:00.0 | Hi, y'all. Welcome to Hustle Humbly. It's Alyssa and Katie, and we are two top producing realtors in the Baton Rouge market. |
| 0:05.7 | We work for two different companies where we should be competitors, but we have chosen community over competition. |
| 0:10.7 | The goal of our podcast is to encourage you to find your own way in business. |
| 0:14.4 | So stop comparing yourself and start embracing your strengths. |
| 0:18.5 | Okay, this is episode 28. Let's talk appraisals. Yeah, we're going to talk about appraisals. Okay, this is episode 28. Let's talk appraisals. We're going to talk about appraisals. |
| 0:25.1 | I, Alyssa, have my dad here, and he is a residential real estate appraiser. Why don't you |
| 0:33.6 | really quickly introduce yourself and tell us how you came to be an appraiser. |
| 0:39.2 | Oh, yeah. |
| 0:40.0 | Okay. |
| 0:40.6 | Well, my name is Johnny often, and I've been an appraiser since about 1980, 1978, 1980, over 40 years now. |
| 0:50.1 | Wow. |
| 0:50.5 | How old were you when you started? |
| 0:51.7 | I was just finishing college, so I was probably |
| 0:55.3 | 21, 22 when I started just getting started and looking into doing appraisals. And you went to |
| 1:04.7 | college. Yes, I went to college. There was one course in college. It was an appraisal course. |
| 1:10.7 | And Clifford-Dwaran, which is one of the masters of appraisers back in the day, he taught the course. |
| 1:17.5 | And I fell in love with the concept of doing an appraisal. |
| 1:20.8 | We actually got to appraise a small apartment building near LSU, and we appraised an old house. |
| 1:26.7 | That's cool. |
| 1:33.3 | We actually got to go out there and gather the data, look at the properties, do an apartment complex and a house. And I just love the way everything just mesh, especially on the income side, on an apartment complex looking at the rents, |
| 1:40.3 | and then you look at the sales of other apartment complex, and you do a cost approach and how all those numbers came together and supported each other. |
| 1:48.1 | And then we got to go look at an old house near LSU. |
... |
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