Advise To A Trainee

[sunsetvalley]

If you had just one piece of advice for a Trainee, to make them the best appraiser they can be, what would it be?

 

[Howard Klahr]

1) Eyes and ears open, mouth shut

2) Remember that you don't know what it is that you don't know.

3) Trust but verify

 

[sunsetvalley]

1) Eyes and ears open, mouth shut

2) Remember that you don't know what it is that you don't know.

3) Trust but verify

Those are very good! What level do you keep mouth shut? Do you ask all the questions that come into your head? (That's my main problem, I keep asking an asking and it's taking me forever to get a file done.)

 

[Meandering]

Questions are good.

My advice:
read, memorize, regurgitate USPAP standards 1, 2 and 3. You'll need to know it verbatium, to pass your Certification Exam.

.

 

[Elliott]

Learn and study markets, micro-economic theory, macro-economic theory. Observe markets everyday, understand price and rate behavior. Become a student of the influences on gasoline prices, mortgage rates, stock prices, bitcoins, etc. Learn your craft about valuation.

 

[sunsetvalley]

Learn and study markets, micro-economic theory, macro-economic theory. Observe markets everyday, understand price and rate behavior. Become a student of the influences on gasoline prices, mortgage rates, stock prices, bitcoins, etc. Learn your craft about valuation.

Do you have any particular websites that you use/trust to observe market, mortgage rates, etc? I took macro-economics about 20+ years ago, micro is on my list for Winter term.

 

[Michigan CG]

Take AI classes and come to the table with something to offer.

 

[George Hatch]

- The primary personal attribute of a successful appraiser is self-motivation and perserverence. That counts for more than any other personal attribute, including intelligence or education. You have to be self-motivated to get your assignments done and you have to be self-motivated to learn what you need to know to work your way through the appraisal problems you run into.

 

[CindyR]

- The primary personal attribute of a successful appraiser is self-motivation and perserverence. That counts for more than any other personal attribute, including intelligence or education. You have to be self-motivated to get your assignments done and you have to be self-motivated to learn what you need to know to work your way through the appraisal problems you run into.

Couldn't have said it better myself. This is summarized by the earliest professional motivation poster in my career "the most common mistake a lot of people make is to believe they are working for someone else". i got it from a bank calendar back when they still gave away toasters for deposits. i still have it on display.

 

[Restrain]

After 40 years+ in the business, learn AC, Plumbing, etc. you will do FAR better than being an appraiser.