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Any Ideas on this subject about the future

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J Strickland

Thread Starter
Freshman Member
Joined
Mar 14, 2002
I am interested in becoming an appraiser, but trying to find a firm to work with is a challenge! I did find an article that made me really think about the future of the profession also. The following item is from the book noted at the end of the paragraph:

I should point out that there have been some predictions of dire downsizing of the appraising profession (more precisely, as it relates to the residential lending activity) based largely upon the impact of the computer. Lenders can now access real time information of comparable sales in seconds. Since their main concern is to verify that the property upon which they are considering making a loan has sufficient value, and since that is largely determined by what comparable properties are selling for, in many instances it is not necessary to hire an appraiser to do the research. They simply run the numbers and perhaps send someone out for a "drive by" to ensure the property is still in place and standing. You will want to keep close tabs on how this plays out if appraising is your choice of career fields. Your Successful Real Estate Career, Kenneth W. Edwards

Is this where it is headed? Any feedback would be appreciated.

Thanks,

Jeff
 

xmrdfghap

Senior Member
Joined
Jan 15, 2002
Professional Status
General Public
State
Florida
<span style='color:brown'>Jeff, check out
http://www.appraisersforum.com/forums/view...torder=&start=0

It is a page or so back on the General Appraisal Discussion forum under the title "Career Days." Read most of the posts as they really do provide a bit of insight into the future of this profession.

By and large, I feel that the appraisal profession is not only viable now but will be thriving in the future. BUT, if your intention is to do two or three URAR's a day, make $100,000 a year, and spend half your life at the beach, then I suggest you look at something else to do.

If you want the freedom to work 14 and 16 hours a day 6 and 7 days a week, have people who do not know what you do for a living call you repeatedly every day, question your every opinion, tell you the check is in the mail for three months, and, when you meet a peer, refuse to talk because you are afraid they will try to take your clients, then appraising is the perfect career.</span>
 

Lee in L.A.

Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
If you want the freedom to work 14 and 16 hours a day 6 and 7 days a week, have people who do not know what you do for a living call you repeatedly every day, question your every opinion, tell you the check is in the mail for three months, and, when you meet a peer, refuse to talk because you are afraid they will try to take your clients, then appraising is the perfect career.
How encouraging Goodpasture :!: :)

That's the glass half empty side of the story. There is a glass half full side as well. I've never seen a totally full glass I don't think. 8)

:idea: Gauranteed, it's not easy to get into this biz. :roll:
 

Dan/Fla

Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Goodpasture

You speak the truth but you forgot that the best you can hope for as far as vacation if a long weekend around a holiday, if you ever want a full week or two vacation, that only happens when you send the family on theirs : ) so you 2 weeks on not hearing its 11 o'clock can't that report wait till tommorow.
 
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