A New Tool
I recently purchased a new tool for my appraisal toolbox, a Bosch laser distance measurer. Up until now I have been happy with my handy 100 foot fiberglass tape measure, however I have to admit that I’m pretty hard on them and found myself buying a new one every couple of months. In addition to that I was looking for something that would help me take measurements on houses with shrubs, which is usually harder to do with a regular tape measure. Thanks to a great sale on Amazon I recently purchased the Bosch GLM 80, a compact laser measurer that will measure distances up to 265 feet which will more than meet my requirements. While I consider myself a tech savvy appraiser there are areas where I have lagged behind and this is one of them. To get ahead in today’s business environment we need to embrace and utilize all the tools available to us so that we can become better appraisers.
The technical side of appraising has really taken off over the last several years and there are so many tools that appraisers can use to make the job easier. I’ve written in the past about my top iPad apps for appraisers to use but this is the first time I’ve discussed hardware. In addition to laser measuring devices there are tablets and digital cameras. I know there are some practicing appraisers who have fully embraced this technology and use every tool possible to maximize their productivity. This has become a necessity in today’s market because appraisal fees have gradually decreased over the years while underwriting requirements have increased. This has resulted in an increase in the time required to complete and assignment. When fees decrease and completion times increases the rate of pay will decrease, so it is important to find ways of streamlining the appraisal process. By using technology effectively the time required to complete and assignment can be decreased and profitability increased.
What Are You Doing?
So I would be interested in knowing what technology you use and how you use it. There are many appraisers working today that may be timid about all of the technology available so if you can provide some tips or tricks to help someone get started please leave a comment below. Has technology helped you increase your productivity? What is your favorite tool? Thanks in advance for sharing.