Course Description
Diversifying Your Practice examines the business decisions (or non-decisions) that can affect your bottom line. We’ll discuss ways you as a business owner can make more money and minimize your risk by preparing for many possible economic futures. If you’re a residential appraiser doing mortgage transaction work only, what happens when interest rates go up? If you’re only doing appraisals for refinancing and first mortgages, your work volume could plummet if the market shifts.
There are lots of ways to make a great living using your appraisal expertise. But what about other opportunities that may require you to wear different professional hats, such as real estate agent, property manager, or consultant? We’ll talk about why it’s sometimes useful to be ready to change hats, and how doing so can help you maximize your earning potential.