Calvin Cummings’ Post

View profile for Calvin Cummings, graphic

Business Coach & Course Creator. We Help Business Owners Double Their Income, Business Value & Free Time.

10 Ways Appraisers Can Diversify Their Client Base One of the top issues facing appraisers is too much concentration with bank and lender clients. The solution? Diversify outisde that client vertical. Here are 10 ways to go about decreasing the percentage of bank and lender clients in your client base. 1. Build A Great Website - This is your most valuable digital asset. Hire experts to help you create a world-class web presence. 2. Start Posting on Social Media - Use a social media marketing & management tool like HootSuite to up your social media game. 3. Join & Participate in Network Groups - Rotary International and ProVisors are two of the best professional networking groups for appraisers. 4. Research Local Bar Association Opportunities - Expand into litigation support and trust and estate work through your local bar. 5. Set up "Lunch & Learns" - Law firms and commercial real estate brokerage firms are open to MAIs coming in to help with professional education. 6. Pursue Agency Work - Governmental agencies at the federal, state, and local level are constantly sending out RFPs for appraisal services. 7. Network with Other Appraisers - Many appraisers are nearing retirement and would love to refer work to you they no longer care to handle. 8. Consider Joining IRWA - Right of Way work can be lucrative and a great way to diversify your appraisal practice. Also, their meetings are fun! 😀 9. Business Listing Management - Use services like Birdeye or Yext to help you manage you business listings (Google, Facebook, Yelp, etc.). 10. Get & Use a Great CRM - Manage your marketing, sales and social media efforts and client relationships with a cloud-based CRM. Most appraisal firms do not have ongoing marketing and sales efforts, only focusing on this critical function during market downturns. Consider hiring an expert marketing vendor to assist you with your various marketing efforts. Let them focus on lead generation so you can focus on converting those leads into new clients. Earmark a certain percentage of your gross revenue to help fund this important function in your business. With expert help, you can get your marketing and sales systems humming, providing you with an endless supply of new clients to help you diversify your client base with. = = = = = = = = = = Want to take your appraisal business to the next level? I can help you three ways: 1. Subscribe to my weekly newsletter at CalvinCummings[dot]com 2. While there, Book a Free Consult Call. See if Coaching is for you. 3. Also, DM me to get on Wait List for my new ABS Program. 𝐀𝐩𝐩𝐫𝐚𝐢𝐬𝐚𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐲𝐬𝐭𝐞𝐦 (𝐀𝐁𝐒) 𝐏𝐫𝐨𝐠𝐫𝐚𝐦: - MasterClass Course on How to Grow a Successful Appraisal Business - Membership Community with Group Coaching & Peer Support - Integrated Companion Database Platform in SmartSuite - Built-in CRM, AMS, Systemizataion & Automation - Get on Wait List for Beta Launch Discount Price

Love this comprehensive approach! To further innovate, consider exploring advanced segmentation and targeting through AI-driven analytics, ensuring your marketing efforts are precision-focused on high-opportunity areas.

Like
Reply
Raja Sampathi

I Help Successful Men Beat Stress, Overcome Unhappiness, & Live Healthy | Ex Management Consultant (15 Years, Deloitte et al) | Mindfulness Teacher

2mo

Thanks for sharing these insightful tips for diversifying our client base in the appraisal industry! It's crucial to explore new avenues beyond traditional bank and lender clients Calvin Cummings

Like
Reply
See more comments

To view or add a comment, sign in

Explore topics