Any Good News ?

[SunnyJo]

I've read many of the threads regarding becoming an appraiser and find it to be quite disenchanting/discouraging. Working for two years for virtually NO pay is hard to swallow when just to begin those two years as an Apprentice a lot of schooling/studying is required.

Is it going to be worth it? How enjoyable will those two years be? Any encouraging advice ??

The ultimate Appraisal job sounds Perfect for me but getting there....

Thanks !

 

[Daystar]

I really wish I had some good News.

We are in a tough enviroment at the moment. I am sure when things turn around there will not be enough appraisers to fill the void, but who knows when that is going to be.

 

[Greg Bell]

None that I can think of..

 

[Smokey Bear]

My PokeyBus hasn't broken down in a month or two - of course I can't afford the gas to drive it much. Other than that, my cats are healthy, I have a roof over my head, even if it's temporary, and I'm healthy as well. That's good news.

 

[TEL2002]

SunnyJo

Where are you in Ohio? Send me an email or PM me with contact info and I will be glad to talk to you about appraisal life & training in Ohio.

 

[DTB]

Yup!

Got one of those professionally appraised condo REOs today. Listed for 83.5K, offered 93K just to be sure and ... bingo. 10K fixup and she'll be gone in a month... around 148K.

Good news indeed!

 

[The Warrior Monk]

I've read many of the threads regarding becoming an appraiser and find it to be quite disenchanting/discouraging. Working for two years for virtually NO pay is hard to swallow when just to begin those two years as an Apprentice a lot of schooling/studying is required.

Is it going to be worth it? How enjoyable will those two years be? Any encouraging advice ??

The ultimate Appraisal job sounds Perfect for me but getting there....

Thanks !

I've been appraising since 1990. The current is very bad for prospective appraisers, especially those with no contacts in the business. Most appraisers start out in the residential lending side of the business, and that part of the business is very oversupplied with appraisers, with a workload that has diminished and not likely to come back any time soon.

If one is serious about getting in this business, the commercial route is the way to go. I recommend having as stellar qualifications as one can have, and that would mean a four-year degree, plus all courses taken through the Appraisal Institute. During the time of obtaining the education requirements, I recommend making the necessary contacts. Good commercial appraisers are still needed, but one has to stand out from the crowd.

 

[Greenback]

Two years? I'm approaching 3 years as a State Licensed Appraiser Trainee. I haven't completed half the credits needed. Meaning, I haven't turned in any experience credits yet because I haven't reached half of 250 credits needed for experience.

There are some form fillers around here that get certified with a snap of a finger, though. (always in two years)

I wish it was two years, but how the hell could I learn anything in two years? The minimum of two years for residential is a joke, in my eyes. Getting certified for most, from what I see, is a number hitting game, just like the real world.

State boards go by numbers, not progress and rarely go by quality. USPAP has minimum requirements that contribute, as well.

FAST FAST FAST FAST FAST and NUMBERS NUMBERS NUMBERS NUMBERS!
(Like my MAI Supervisor likes to say, "Benji, it's just a residential").

It will be yeeeeeaaaaaarrrss before I become certified...

Sincerely,

 

[WallyII]

I've read many of the threads regarding becoming an appraiser and find it to be quite disenchanting/discouraging. Working for two years for virtually NO pay is hard to swallow when just to begin those two years as an Apprentice a lot of schooling/studying is required.

Is it going to be worth it? How enjoyable will those two years be? Any encouraging advice ??

The ultimate Appraisal job sounds Perfect for me but getting there....

Thanks !

Very enjoyable! I started working for my local county assessor 3 years ago and have loved it. I can't think of a better way gain needed experience and geographical competence.
My "hours" might not end up being recognized by the OREA, but none the less I'm in a career that I'm passionate about. Coming from the accounting world, I can appreciate a job that doesn't make you curse the alarm clock every morning!
Good luck to you. There are more options in the appraisal industry than one would imagine.