『76: BEHIND THE LEADER with Leigh Walker | President, Lawrenson Walker Appraisers』のカバーアート

76: BEHIND THE LEADER with Leigh Walker | President, Lawrenson Walker Appraisers

76: BEHIND THE LEADER with Leigh Walker | President, Lawrenson Walker Appraisers

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WATCH▶️ ⁠⁠⁠⁠⁠Watch this episode on YouTube⁠⁠⁠⁠⁠***EPISODE DESCRIPTIONIn this episode, Dean & Deryk are joined by Leigh Walker.Leigh is the President of Lawrenson Walker Real Estate Appraisers Ltd. from the Greater Vancouver Area in BC, who began his real estate career in 1993 and is currently a CRA designated appraiser with the Appraisal Institute of Canada (AIC) and member of the Greater Vancouver Real Estate Board (GVREB).With a strong voice as an industry advocate, Leigh is the co-founder and President of the Business Association of Real Estate Appraisers (BAREA), and also volunteers as a Director of the Canadian Mortgage Brokers Association (CMBA). He has also been an Executive Co-Chair of the Vancouver Chapter of the Appraisal Institute of Canada, and the Director of the BC Association of the Appraisal Institute of Canada. Leaders in the field of residential real estate appraisal and consulting, Lawrenson Walker Real Estate Appraisers was established in 1992, and currently service British Columbia and Alberta.Leigh is here to discuss:→ How he got into real estate, why he took the business development of LWA so seriously, and where the company is going.→ The importance of developing the appraiser-broker relationship, how a broker can make an appraisal harder, and one thing brokers misunderstand about appraisers.→ The appraiser-lender relationship: The "90/90/20" rule, if lenders ever visit properties, and why there's increased lender scrutiny of appraisals.→ Why an appraisal can come in low, the importance of KYCP (know your clients' property) and conditions, and the cost to build vs the return you'll actually get.→ The honest truth about appraisal management companies or AMCs, what they do, and how they work.→ Why there is no such thing as a "blanket appraisal", where the term came from, and the ongoing OSFI crackdown.→ How unauthorized suites impact appraisals, appraising pre-sales in this market, and how appraisers evaluate rents with no database.→ The factors that show the market will turn around in a big way and advice for new brokers.***🌎 Lawrenson Walker Appraisers Website: www.lawrensonwalker.com📸 Lawrenson Walker Appraisers Instagram: @lawrensonwalkerappraisers🔗 Leigh Walker's LinkedIn: @LeighWalker***CHAPTERS00:00 Intro00:31 Today's Guest: Leigh Walker02:46 Where LWA is Today and Future Plans05:57 Sophisticated Readers vs. Homeowners07:59 The Increased Lender Scrutiny of Appraisals09:05 Why an Appraisal Can Come in Low14:15 Do Lenders Visit Properties?15:36 The Appraiser/Realtor Relationship18:19 The 90/90/20 Rule & Lender Policies21:52 The Appraiser/Lender Relationship23:47 AMCs - Appraisal Management Companies31:43 KYCP - Know Your Clients Property34:41 Appraisal Stories38:30 Appraisal Tips for Brokers44:07 How Unauthorized Suites Factor Into Appraisals45:45 Evaluating Rents46:58 Appraising Pre-Sales & Government Buy-Backs49:37 Blanket Appraisal & OSFI Crackdown52:19 The Market Will Turn Around Big54:34 Advice for New Brokers56:03 Wrap-Up***CONNECT WITH THE SHOW🎙️ The Mortgage Broker Podcast Podcast: ⁠⁠⁠⁠⁠⁠⁠⁠@abetterwaymortgage⁠⁠⁠⁠⁠⁠⁠⁠📺 The Mortgage Broker Podcast YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠@MortgageBrokerPodcastNetwork⁠⁠⁠⁠⁠⁠⁠⁠📝 The Mortgage Broker Podcast Blog: ⁠⁠⁠⁠⁠⁠⁠⁠@ABWMedia⁠⁠⁠⁠⁠⁠⁠⁠***CONNECT WITH THE HOSTS📋 Justin Noda's LinkedIn: ⁠⁠⁠⁠⁠⁠⁠@JustinNoda⁠⁠⁠⁠⁠⁠📋 Dean Lawton's LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@DeanLawton⁠⁠⁠⁠⁠⁠⁠⁠⁠📋 Deryk Williamson's LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@DerykWilliamson⁠⁠⁠⁠⁠⁠⁠⁠⁠📋 Jason Marshall's LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠@JasonMarshall⁠⁠⁠⁠⁠⁠⁠⁠***CONNECT WITH A BETTER WAY MORTGAGES🔗 A Better Way Mortgages Website: ⁠⁠⁠⁠⁠⁠⁠⁠www.joinabw.ca⁠⁠⁠⁠⁠⁠⁠⁠📸 A Better Way Mortgages Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠@abetterwaymortgages⁠⁠⁠⁠⁠⁠⁠⁠📋 A Better Way Mortgages LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠@ABetterWayMortgages⁠⁠⁠⁠⁠⁠⁠⁠👥 A Better Way Mortgages Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠@ABetterWayMortgages⁠⁠⁠⁠⁠⁠⁠⁠📬 A Better Way Mortgages Tuesday Mortgage Memo: ⁠⁠⁠⁠⁠⁠⁠⁠@ABWTuesdayMortgageMemo⁠⁠
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