Greetings Blog Family,

You may be aware that I own an offline business and it is my desire to move the online world full time. Well, I really need to fire my offline business.

Don’t get me wrong, I really appreciate and enjoy the revenue earned from this profession as a real estate appraiser, but the business is becoming increasingly more complicated by the day. It is really unbelievable what we have to go through now as appraisers. It is getting to the point where I really don’t enjoy the work anymore and I am really ready to move on.

My Appraisal Business

If you don’t know, real estate appraisers provide their opinion of value for real property, ie someones home, condo, townhouse, or income property. This is property is permanately fixed to the ground.  I have a residential appraisal business where I only appraise residential property, 1 to 4 units in size.

Another option would be to appraise commercial real estate, which pays a lot more. There is another educational, testing, and experience requirements that I would have to go through in order to be a commercial appraiser. Also, one could be a personal property appraiser that valuates items such as jewelry, clothing, furniture, or painting. LOL! I was trying to think of the items that are shown on the Antique road show where people have their special belongings valued by a professional.

Anyway, the residential appraisal business has been good to me for more than the past six years. It has fed my family and provided us with the opportunities we needed to get where we are at in our lives. It has provided me with a chance to be in the lives of my children and wife on a daily basis. I am one of the Fathers that they expect to be on the field trips. The school expects us to participate in all the after school and during school activities. This is only possible because my wife and I both work from home. (My wife is an online professor.)

This has been a great time and I don’t want to seem disrespectful to our opportunities, but I feel that I am ready to grow beyond the appraisal business. 

My Entrepreneurial Vision

When I was 7 years old and dreaming of owning my own business, I am not sure what I dreamt of owning, but it was not an appraisal business. I can tell you that with certainty. Factor in the state of the economy and what is happening in the lending business, it becomes obviously why I am considering moving on.

One reason is that there just isn’t a lot of business floating around in this industry at the moment to start and it doesn’t look like much is coming in the near future. Added to that reality is the fact that they sources of appraisals have changed and the majority is paying a third of appraisal fees in the past.

I don’t know about  you, but I felt like $300 an appraisal was not enough money and many of these companies are paying $100 now for the same work, same liability, and risk in a more dangerous environment. I for one don’t thing this is a very good trade off and refuse to take work for those rates. That is crap!

As homeowners and payers of the appraisal fee, I assume that you might feel like that is plenty, but look at like this. In 2009, if I wanted to match what I did in business in 2008, I would have to work three times more. That is straight up crap!

Plus, the lending laws is changing and the requirements put on appraisers is getting crazier and crazier by the day. Couple with less sales, means less comparable properties to determine value and you I for see a real problem in the future. 

Therefore, my online business skills, work ethic, and income all need to rise quickly over the course of the next few months because I cannot see myself doing this much longer. I have already had multiple times when I had to turn down an appraisal job because there is a sever lack of comparable properties to valuate a property from. Not to mention, most of the Realtors working the markets have absolutely no clue how to valuate a property, thus they are blaming us for not coming in at the values they need to sell a property.

The Bottom Line

Let me set the record straight. No, I am not saying that every realtor doesn’t know what they are talking about, JUST MOST OF THEM!!!! Second of all, it is not the appraisers responsibility or job to hit the number a person needs to make a sale, pay the realtor, cover the mortgage they own, and put some money in the sellers property. That is not our wrole. Our role is to interpet the value as demonstrated by the market through steps to determin value. Many times, this value doesn’t come out to what you might hope, especially in this current market, but understand that it is not our fault. It is just the truth of the market interpreted by appraisers.

Believe me, I am good at my business and know my material, but I have lost the fire. It doesn’t excite and challengement any longer. I am looking for a new challenge to conquer and Internet marketing, blogging, and online entrepreneurship seems to be the way for me.

I was talking to the wife the other day about not growing up wanting to be an appraiser and not really being sure of what I wanted to do, but being an online entrepreneur really seems to fit my desired lifestyle, talents, and temperament. Thus, I am going to make the mental shift necessary to begin taking this business to the next level. Thanks for listing and allowing me to remember that I am in control of my future and destiny.

First in the Mind, then in Reality!

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Greetings Blog Family,

It’s host Freddie Taylor, here at FreddieTaylor.com ready to get at you with another Motivational Moment video.

Today, I want to talk to you about being a self-started, about lighting the flames of motivation and action inside yourself. You may have noticed the last few weeks there hasn’t been any videos here at FreddieTaylor.com.

Did you miss me?

Well, I missed you, but had to do it to make a point.

1) They Might Not Show Up

You cannot depend on other people to come along, motivate you, and get you out of a rut….They might not show up!

Where would that leave you, Blog Family? You will be left out in the cold, left out, and in a vulnerable situation. That is not the place to be.

2) Your Dreams Are Too Important

There is something inside of you that you are trying to express. These expressions manifest themselves as goals and dreams….and they are too important to wait for for someone else to come along to get you fired up. So don’t wait for them!

3) Secret to Success

The secret to success is to build the internal fires of motivation to get yourself going on a day to day basis. This can be done by writing your goals out, keeping them in front of you, reviewing them often, and feeling what it would be like to complete them.

At the end of the day, your dreams are your responsibility. you are the keeper of Goals and Dreams. Don’t rely on others to get you motivated. They might not show up!

First in the Mind, then in Reality!

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“Success on any major scale requires you to accept responsibility, in the final analysis, the one quality that all successful people have is the ability to take on responsibility.” – Michael Korda

Greetings Blog Family,

Responsibility is the key to your future. Often we don’t notice this underlying trait of the most successful people you admire or know.

Be careful here. You must realize success is a relative term. We automatically attribute wealth and riches to success, but that is an incomplete assessment. Yes, riches and fortune have their place in success, but it is a lot deeper than that.

Let’s examine three examples of success. But notice how the underlying trait, better a foundation of responsibility.

1) The Successful Entrepreneur - The self made business owner that created automated business systems that creates a residual stream of income, a substantial income of $30,000/month. I purposely left this vague for your mind to wonder. This person could be a blogger, a consultant, a delivery service that has outsourced the work for each week.

The point is at the end of the day, it was the decision of the entrepreneur to say, I am going to get this done. I will make sure of it. It is my responsibility.

2) The Organic Life – The person that has severed their dependence on others to feed, cloth, and take care of themselves. There is a You Tube video of a guy who said that once he learned what is being put into the foods we eat, he began to grow his own food because he couldn’t stand the thought of poisoning his children with that food.

Now maybe this doesn’t seem necessary or even feasible to you or I, but concede the fact that it was his goal and he achieved it. Watch the video and you will see he lives in California, he and his family grow food on every square inch of their property, all organic foods. It is really amazing!

My point is that it is his definition of success. He took on great measures to realize this success. Again the foundation is responsibility. Think of what is required day to day to survive in that lifestyle. Responsibility is at work once again.

3) The Family – To maintain a successful family means different things to different people. But I don’t believe I will get too many objections to responsibility being at the root of all successful families. You have a responsibility to and of your spouse and children.

Responsibility Runs
Responsibility runs through all levels of success. The sooner you accept it, the sooner you can move forward. you have all that you need to succeed. The question is will you take responsibility?

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