Appraiser Talk
By: The Appraisal Foundation
Language: en
Categories: Business, Non-profit, Careers, Government
Join Lisa Desmarais and Amy Timmerman as they answer your questions about the appraisal profession. Submit your own questions to amy@appraisalfoundation.org.
Episodes
Episode 212: USPAP Talk: Document Architecture
Dec 15, 2025Amy and Lisa take a closer look at how USPAP is structured.
Duration: 00:05:59Episode 211: USPAP Talk: The Future of Change Management
Dec 08, 2025This week Amy and Lisa dive into the future of change and USPAP.
Duration: 00:04:38Episode 210: USPAP Talk: Milestone Revisions
Dec 01, 2025Lisa and Amy discuss some of the key milestones in USPAP's history.
Duration: 00:08:14Episode 209: USPAP Talk: Why USPAP Changes
Nov 17, 2025Lisa and Amy talk about why USPAP changes and the importance of evolving standards to protect public trust.
Duration: 00:05:19Episode 208: USPAP Talk: Creating & Maintaining Standards
Nov 10, 2025Today Lisa and Amy talk about what goes into creating and maintaining standards.
Duration: 00:05:35Episode 207: USPAP Talk: FIRREA & Federal Adoption (1989–91)
Nov 03, 2025This week on USPAP Talk, Lisa and Amy discuss how USPAP went from being a brand-new professional standard to being federal law.
Duration: 00:05:20Episode 206: USPAP Talk: The Birth of USPAP (1987)
Oct 27, 2025This week on USPAP Talk, Lisa and Amy discuss the birth of USPAP.
Duration: 00:05:35Episode 205: The Savings and Loan Crisis Catalyst
Oct 20, 2025This week on USPAP Talk, Lisa and Amy talk about the catalyst for the Savings and Loan crisis and the impact it had on the appraisal profession.
Duration: 00:05:44Episode 204: The Appraisal Profession Takes Shape
Oct 07, 2025This week on USPAP Talk, Lisa and Amy talk about how the appraisal profession was shaped over time.
Episode 203: Public trust as the foundation of USPAP
Sep 29, 2025This week on USPAP Talk, Lisa and Amy talk about why public trust is the foundation of USPAP.
Duration: 00:06:48Episode 202: How Does Appraisal Fit Into the Idea of a Profession?
Sep 22, 2025Lisa and Amy dive into a discussion about what makes appraisal a profession on this week's USPAP Talk.
Duration: 00:05:07Episode 201: What is a Professional Standard?
Sep 15, 2025Lisa and Amy continue their new USPAP Talk series by discussing what constitutes a professional standard.
Duration: 00:05:24Episode 200: The Launch of USPAP Talk!
Sep 08, 2025Lisa and Amy are back with a brand new special series on Appraiser Talk: USPAP Talk! Tune in to hear why they wanted to launch this new special series of episodes.
Duration: 00:06:03Summer Throwback: What is highest and best use and why does it matter?
Aug 25, 2025Lisa and Amy round out their summer throwback series by revisiting an episode on highest and best use. Tune in on September 8th when Appraiser Talk returns with an exciting new series!
Duration: 00:05:05Summer Throwback: Are there "typical" adjustments that are considered standard in the profession?
Aug 18, 2025Lisa and Amy talk about adjustments on this week's summer throwback.
Duration: 00:04:52Summer Throwback: What's the difference between an appraisal and the authentication of fine art?
Aug 11, 2025Lisa and Amy are revisiting one of their personal property specific episodes in today's Summer Throwback.
Duration: 00:05:07Summer Throwback: Can a borrower be an intended user of an appraisal report?
Aug 04, 2025Building off last week's throwback, Lisa and Amy are sharing another past episode focusing on intended users.
Duration: 00:05:29Summer Throwback: Who is the intended user?
Jul 28, 2025Lisa and Amy continue their Summer Throwback series with an episode about intended users from the archives.
Duration: 00:06:58Summer Throwback: Why isn't the federal government in charge of writing these standards?
Jul 21, 2025Lisa and Amy are sharing their favorite episodes of the podcast this summer. Next up, a closer look at the appraiser regulatory system.
Duration: 00:05:50Summer Throwback: What is an appraiser valuing when they do an appraisal on my home?
Jul 14, 2025Lisa and Amy continue their summer throwback series with a deep dive on this consumer question.
Duration: 00:08:25Summer Throwback: When do I need to get an appraisal?
Jul 07, 2025Lisa and Amy continue their Summer Throwback series to another early episode of the show answering a commonly asked consumer question.
Duration: 00:03:40Summer Throwback: Our very first episode!
Jun 30, 2025Appraiser Talk is on summer break, but while Lisa and Amy dream up new episodes, they're sharing some of their old favorite, starting with the very first episode of Appraiser Talk!
Duration: 00:06:14Episode 199: "Do I also comply with USPAP automatically because I comply with standards set forth by the AICPA?"
Jun 23, 2025Lisa and Amy discuss USPAP and AICPA standards.
Duration: 00:06:10Episode 198: "Is a vacant 60-acre land parcel a residential or non-residential property?"
Jun 16, 2025Lisa and Amy dive into an interesting question about appraising vacant land.
Duration: 00:08:23Episode 197: "How do appraisers comply with USPAP’s confidentiality rule?"
Jun 09, 2025Lisa and Amy answer this question from an appraiser: If an appraiser completed an appraisal for one client, and then a new client asks for a 1004D update on that same property, how should the appraiser handle this while complying with USPAP’s confidentiality rule? Listen in to find out more!
Duration: 00:07:06Episode 196: "Are only the appraisers signing the appraisal required to state whether they inspected the property?"
Jun 02, 2025Lisa and Amy dive into a question about property inspection and report signatures.
Duration: 00:06:34Episode 195: "Who controls the assignment conditions?"
May 19, 2025Lisa and Amy do a deep dive on assignment conditions.
Duration: 00:06:28Episode 194: "What is the role of CAP?"
May 12, 2025Amy and Lisa do a deep dive on The Appraisal Foundation's Course Approval Program.
Duration: 00:05:49Episode 193: "How does USPAP define a special purpose property?"
May 05, 2025Lisa fills Amy in on special purpose properties.
Duration: 00:06:14Episode 192: "Is the appraiser required to sign the appraiser's independence certification?"
Apr 28, 2025Lisa and Amy clear up confusion around what an appraiser certifies when they sign a report.
Duration: 00:06:44Episode 191: "Why cant I use that appraisal report however I want?"
Apr 21, 2025Lisa and Amy talk about appraisal reports and answer one of the most frequently asked questions appraisers get.
Duration: 00:08:29Episode 190: "What is the difference between an assumption and an extraordinary assumption?"
Apr 14, 2025Lisa and Amy are talking about assumptions this week, extraordinary and otherwise.
Duration: 00:05:51Episode 189: "Can an appraiser give an opinion 'off the cuff?'"
Apr 07, 2025Lisa and Amy talk about "off the cuff" opinions and whether that's possible under USPAP.
Duration: 00:07:52Episode 188: "What do appraisers wish real estate agents knew?"
Mar 31, 2025Dan Bradley joins Amy and Lisa to talk about what appraisers wish real estate agents knew.
Duration: 00:05:48Episode 187: "Is 5 months of supply really balanced?"
Mar 24, 2025Lisa and Amy are joined by Ryan Lundquist to discuss supply and what balanced supply might be across markets.
Duration: 00:04:35Episode 186: "What makes working in a rural setting unique as an appraiser? How do you handle things like livestock being present on a property in your appraisal?"
Mar 17, 2025Special guest Mark Lewis joins Amy and Lisa to discuss his unique experiences as a rural appraiser.
Duration: 00:05:28Episode 185: "What is a subject property?"
Mar 10, 2025Lisa and Amy do a deep dive on subject properties this week!
Duration: 00:09:11Episode 184: "What does it mean that an appraisal is one type of typical market measure?"
Mar 03, 2025Lisa and Amy talk about the idea of an appraisal being a type of typical market measure.
Duration: 00:07:01Episode 183: "What is the difference between market value and appraised value?"
Feb 25, 2025Lisa and Amy are back after a brief hiatus to discuss the difference between market value and appraised value!
Duration: 00:05:02Episode 182: "What is a 'zombie' condo and why would an investor or developer care?"
Feb 03, 2025Lisa and Amy have a not so spooky episode to discuss "zombie" condos.
Duration: 00:05:03Episode 181: "What is the project that inspired Farm Credit to become the Foundation's first contributor?"
Jan 27, 2025Lisa and Amy are joined by special guest Tyler Mullins to discuss Farm Credit's exciting new role as the Foundation's first contributor and the project they are tackling together.
Duration: 00:03:40Episode 180: "What is highest and best use, and why does it matter?"
Jan 15, 2025Lisa and Amy kick off the new year with a discussion of highest and best use.
Duration: 00:05:05Best of Appraiser Talk: "How does an appraiser deal with situations where market data is very mixed, unclear and contradictory?"
Jan 06, 2025This week, Amy and Lisa are re-airing their most popular episode of 2024. Be sure to tune in!
Duration: 00:04:18Episode 178: "Can you tell us the history of the terms "purpose" and "function" in USPAP and how that relates to intended use?"
Dec 16, 2024This week, Lisa and Amy are joined by Jack Young to talk about some important terms in USPAP!
Duration: 00:04:53Episode 177: "What are the building blocks of an appraisal review?"
Dec 02, 2024Special guest Hal Humphreys joins the show to talk to Amy and Lisa about appraisal reviews.
Duration: 00:05:56Episode 176: "What are the best practices, methods, and techniques for appraising religious facilities?"
Nov 18, 2024Lisa and Amy are joined by special guest Bradley Carter to talk about appraising religious facilities.
Duration: 00:03:40Episode 175: "How do special assessments relate to value?"
Nov 04, 2024Lisa and Amy talk about special assessments and how they relate to value on the newest episode of Appraiser Talk.
Duration: 00:06:54Episode 174: "Is mass appraisal experience allowed?"
Oct 28, 2024Lisa and Amy continue their mini-series on mass appraisal experience with special guest John Brenan.
Duration: 00:06:38Episode 173: "As a state regulator, how do you review and approve mass appraisal experience?"
Oct 21, 2024Lisa and Amy kick off a new series focused on mass appraisal experience. First up, they talk to state regulator Marcia Waters about how Colorado approaches mass appraisal experience for aspiring appraisers.
Duration: 00:06:35Episode 172: "What does it mean that an appraisal is one type of typical market measure?"
Oct 07, 2024This week Amy and Lisa discuss market measures and where appraisals fit in that category.
Duration: 00:07:11Episode 171: "How are lenders handling issues of appraisal bias?"
Oct 01, 2024Lisa and Amy are joined by Shawn Telford to talk about how lenders are addressing concerns of appraisal bias.
Duration: 00:05:59Episode 170: What is an appraisal triumvirate?
Sep 23, 2024Lisa and Amy take a closer look at the appraiser regulatory system and the role each group plays.
Duration: 00:05:32Episode 169: "Can an appraiser have two different opinions of value on the same property and they both be valid?"
Sep 16, 2024Lisa and Amy take a closer look at this consumer question on the podcast this week, and the answer may surprise you!
Duration: 00:05:36Episode 168: "If a property appraises below contract price, does that appraisal impact market values in the area?"
Sep 09, 2024Lisa and Amy answer a common consumer question about appraisals, contract prices, and market values.
Duration: 00:05:12Episode 167: "Why is "value" NOT an appraisal?"
Aug 26, 2024Lisa and Amy dive into the differences between value and an appraisal on this week's Appraiser Talk.
Duration: 00:05:51Episode 166: "How does human behavior fit in the appraisal process?"
Aug 19, 2024Lisa and Amy are joined by Brent Bowen to talk about human behavior and the appraisal process.
Duration: 00:08:41Episode 165: "The appraiser used comparable sales outside of my neighborhood. Isn't that wrong?"
Aug 12, 2024Lisa and Amy revisit a frequent topic on Appraiser Talk: comparable sales.
Duration: 00:06:53Episode 164: "Are appraisers allowed to use discretion when they make choices?"
Aug 05, 2024This week, Amy and Lisa answer a question about discretion and explore how appraisers make decisions in their work.
Duration: 00:04:59Episode 163: "Is the sales price the best indication of a property's value?"
Jul 29, 2024Lisa and Amy talk about value on this week's episode and discuss whether sales price is a good indication of a property's value.
Duration: 00:06:17Episode 162: "How can an appraiser use artificial intelligence when developing an appraisal?"
Jul 22, 2024Lisa and Amy are joined by Jim Amorin to discuss artificial intelligence and the role it can play in an appraiser's work.
Duration: 00:07:11Episode 161: "How can we make the sales comparison approach less subjective?"
Jul 15, 2024Lisa and Amy take a closer look at the sales comparison approach this week and answer a question that has been posed many times over the last few years.
Duration: 00:07:37Episode 160: "Does refinancing my home affect the property taxes I pay?"
Jul 08, 2024Lisa and Amy have a conversation about refinancing your home and if that has any impact on your property taxes.
Duration: 00:05:45Episode 159: "What is the Foundation doing to promote diversity, equity and inclusion this year?"
Jul 01, 2024Lisa and Amy are joined by Foundation Engagement Coordinator Jalin Debeuneure to discuss the Foundation's diversity, equity and inclusion efforts in 2024.
Duration: 00:03:35Episode 158: "What happened at the spring Board of Trustees meeting?"
Jun 24, 20242024 Board of Trustees Chair Tracy Johnston joins Amy and Lisa to cover all of the exciting events at the spring Board of Trustees meeting.
Duration: 00:04:07Appraiser Talk Classic: How do I join one of the boards?
Jun 17, 2024Since applications are currently open for both the Appraisal Standards Board and Appraiser Qualifications Board, we are airing a classic Appraiser Talk episode this week answering the question: How do I join one of the boards?
Duration: 00:04:45Episode 156: "Who in my bank is legally allowed to do an appraisal review?"
Jun 10, 2024Lisa and Amy talk about appraisal reviews and just what USPAP says about them in this week's episode of Appraiser Talk.
Duration: 00:03:44Episode 155: "When appraisers look at comparable sales, are they only comparing the physical characteristics of the property to the subject?"
Jun 03, 2024Lisa and Amy take a closer look at comparable sales and just what about the comparable an appraiser is comparing to the subject property.
Duration: 00:04:30Episode 154: "How does the degree review program work?"
May 20, 2024AQB Chair Brad Swinney joins Amy and Lisa this week to discuss the degree review program.
Duration: 00:04:27Episode 153: "What is the SAVVY Award?"
May 13, 2024Cindy Charleston Rosenberg joins Amy and Lisa to discuss the SAVVY Award. Keep an eye out for nominations for the SAVVY Award to open next week!
Duration: 00:03:50Episode 152: "What is the most interesting case you've had as an appraiser?" (Real Property)
May 06, 2024Lisa and Amy wrap up their miniseries on interesting appraisal cases this week with ASB member Heather Sullivan.
Duration: 00:05:41Episode 151: "What is the most interesting case you've had as an appraiser?" (Personal Property)
Apr 29, 2024Amy and Lisa continue their miniseries talking to appraisers about their most interesting assignments. This week, the speak with ASB member Patricia Dillon.
Duration: 00:04:52Episode 150: "What is the most interesting case you've had as an appraiser?" (Business Valuation)
Apr 22, 2024This week, Lisa and Amy are celebrating 150 episodes by kicking off a new miniseries on Appraiser Talk where they ask appraisers from various disciplines: What is the most interesting case you've had as an appraiser. Their first guest is ASB member and business valuer C. Zachary Meyers. Tune in!
Duration: 00:02:47Episode 149: "Do I have to reinspect a property if I am appraising a house for the second time?"
Apr 15, 2024Lisa and Amy dive into a current hot topic in the appraisal profession, personal inspection, and offer some important insight into this USPAP concept.
Duration: 00:07:59Episode 148: "For an appraisal to be correct, does a property owner need to be able to understand the adjustments the appraiser made?"
Apr 08, 2024Lisa and Amy talk about adjustments on this week's episode and explore what an appraiser's obligations are when it comes to property owners.
Duration: 00:07:28Episode 147: A Chat with The Appraisal Foundation's New President Kelly Davids
Apr 01, 2024You won't want to miss Amy and Lisa's chat with The Appraisal Foundation's new President Kelly Davids on this week's episode of Appraiser Talk.
Duration: 00:09:55Episode 146: "Are there "typical" adjustments that are considered standard in the profession?"
Mar 26, 2024Lisa and Amy talk about a misconception among consumers regarding adjustments.
Duration: 00:04:52Episode 145: "Do kitchens and baths add the most value to a property?"
Mar 18, 2024This week, Lisa and Amy are discussing a frequently asked question about kitchens and baths in a home and how they relate to value.
Duration: 00:04:25Episode 144: "Why do lenders get appraisals?"
Mar 11, 2024Amy and Lisa welcome AQB member Shawn Telford to the show to talk about lenders and appraisals.
Duration: 00:05:30Episode 143: "How does an appraiser deal with situations where market data is very mixed, unclear and contradictory?"
Mar 04, 2024This week, Amy and Lisa are taking a closer look at market data and what happens when that data is unclear or contradictory.
Duration: 00:04:18Episode 142: "How is the appraisal process akin to a horse race?"
Feb 27, 2024Lisa and Amy discuss how the appraisal process is similar to a horse race.
Duration: 00:05:47Episode 141: "Why doesn't USPAP require an appraisal to be accurate?"
Feb 20, 2024This week, Lisa and Amy are talking about accuracy and why it isn't a requirement in USPAP.
Duration: 00:04:09Episode 140: "Does the value of a home increase, if it has notoriety?"
Feb 12, 2024Lisa and Amy talk about notoriety on this week's episode and how it may or may not impact the value of a home.
Duration: 00:08:03Episode 139: "What is the process for developing the National Exam?"
Feb 05, 2024Amy and Lisa are joined by Larry Disney for a deep dive into how the National Exam is developed.
Duration: 00:14:06Episode 138: "Can I order a USPAP only appraisal?"
Jan 29, 2024Lisa and Amy discuss a request appraisers hear from time to time: ordering a USPAP only appraisal."
Duration: 00:03:20Episode 137: Announcing the next demographic survey
Jan 22, 2024This week, Foundation Project Manager JoEllen Alberts joins Amy and Lisa to give a preview of the upcoming demographic survey which will be released in a few weeks.
Duration: 00:02:48Episode 136: "What is the difference between public trust and public interest?"
Jan 16, 2024Barry Shea joins Amy and Lisa to explore the differences between public trust and public interest.
Duration: 00:05:19Episode 135: "What is the intent in intended user?"
Jan 08, 2024Appraiser Talk is back in the new year! Today, Lisa and Amy dive into the topic of intended user.
Duration: 00:04:21Episode 134: "The new USPAP becomes effective in a few weeks. What will I need for my upcoming USPAP class?"
Dec 18, 2023Amy and Lisa are joined by Publications Manager Brigitte Coulton to talk about what folks will need for their next USPAP course.
Duration: 00:03:17Episode 133: "My home was built in 1950 but the appraiser says the effective age is 10 years. What does that mean? How does it impact value?"
Dec 11, 2023This week Lisa and Amy are taking a closer look at effective age.
Duration: 00:05:37Episode 132: "ASB Update: What is the ASB working on?"
Dec 04, 2023This week, ASB Chair Michelle Czekalski Bradley stops by Appraiser Talk to give an update on the ASB's work this year and look ahead to 2024.
Duration: 00:04:25Episode 131: "What is the AQB working on?"
Nov 27, 2023This week, Amy and Lisa are welcoming back AQB Chair Brad Swinney to discuss what the AQB has been up to this year and look ahead to their work in 2024.
Duration: 00:04:57Episode 130: "How do I know if my home will be more valuable if I finish my basement or not?"
Nov 20, 2023Amy and Lisa dive into a question that Amy has been thinking a lot about. Don't miss the newest episode of Appraiser Talk!
Duration: 00:04:33Episode 129: "Is the supervisory appraiser required to sign off on a trainee's work product?"
Nov 13, 2023Lisa and Amy tackle a question about how supervisors work with trainees as they complete their experience hours.
Duration: 00:04:50Episode 128: "How are AMCs regulated?"
Nov 06, 2023Amy and Lisa dive into a new topic this week: AMCs.
Duration: 00:04:07Episode 127: "A client is asking for a sample of my work. Can I share that?"
Oct 31, 2023Lisa and Amy discuss a frequently asked appraiser question: Can I share samples of my work?
Duration: 00:05:21Episode 126: AARO Spotlight
Oct 23, 2023This week, Amy and Lisa welcome Vanessa Beauchamp from the Association of Appraiser Regulatory Officials to the podcast for a special episode.
Duration: 00:05:41Episode 125: "Can I follow a law that requires me to destroy my workfile?"
Oct 16, 2023Amy and Lisa discuss workfiles on today's show and the interplay between USPAP and legal obligations.
Duration: 00:04:28Episode 124: "Is USPAP flexible?"
Oct 10, 2023Lisa and Amy do a deep dive on USPAP's flexibility on the latest episode of Appraiser Talk.
Duration: 00:06:43Episode 123: "Does anything in USPAP require the appraiser to explain if there is a difference in the purchase price and their final value estimate?"
Oct 02, 2023Lisa and Amy dive into a frequently asked consumer question on today's episode of Appraiser Talk.
Duration: 00:07:05Episode 122: "How can we get more veterans involved in the appraisal profession?"
Sep 25, 2023This week Amy and Lisa welcome Will Trombly to the show to discuss getting veterans involved in the appraisal profession. Don't miss this important discussion!
Duration: 00:05:37