I do have a Real Estate License also but I rarely use it. I was just curious how many appraisals most appraiser do that's all...I'm in an appraisal class yesterday and today and I asked three appraisers in class yesterday how many they do and they all said 10 a week and I'm not that fast! Thanks for the replies... 8) :wink:
As a new trainee, you may be doing good to do 4 a week. You will get faster as you move along in your training. I too came from sales to appraising, still have my brokers license, the back ground knowledge helped me some, as I already knew how to do research. (looking at MLS, I am not sure agents now days know how to do proper research. That is another soap box.) Been appraising for about 10 years now, and I still find little things and tricks that make my work more productive. Forever learning new ways and technology.
In appraising as with real estate, it is Location, Location, Location...
Many of us work in area where it is not only difficult, but nigh impossible to 'turn' the kind of production that those folks above are discussing... It kind of makes me wonder how folks DO that even if the are plentiful comps, without making at least a few errors...
In my primary work area it is very much like Paul Ness's post: you get them fast, cheap, or accurate, pick any two, you don't GET all three :roll: .
Some markets vary greatly. Problem is some management companies and lenders want to pay all of us like we are in the 'turn three a day' zone.