Any Suggestions On How To Find A Mentor?

[Red Flint]

Fewer clients = fewer hours no? Don’t see why I couldn’t take half the clients that you are and then thus put the same amount of quality and effort and have that be half the hours....

Thought you guys would be good at logic, what am I missing here?

This should get you in the door at Clear Capital in Truckee. Good luck with that.

 

[Jin Kim]

This should get you in the door at Clear Capital in Truckee. Good luck with that.

A huge thanks to everyone for your posts to this thread...worth a second read for us 'newbies'. And thx HTPA for starting it. I'm sure it's not the first or last of its nature, but the timing on it was superb and the wealth of information that it generated invaluable.

 

[Deleted member 152047]

Plenty of opportunity out there in CRE. Residential will be tougher. There are several firms looking for trainees in FL, including mine.

 

[Overimprovement]

Oh good. Glad you are used to it, it helps so you can’t claim ignorance when the time comes.

Perhaps you haven’t run across anybody with both motivation and resources. I may be a “rookie” in appraisal, but not in many other ways. Who knows maybe what you are all doing is completely legal, but I intend to find out. ...

Maybe while your at it, you can look into whether or not its legal for all the AMC's in this country to artificially keep fees so low, as some on this forum believe is the case. I mean, don't just spend your time looking at the supply side, please do look at the demand side as well.

 

[Basically Rectangular]

Regulation has contributed to the trainee issue. It is not the single shop fee appraisers that have "decided" to not take on trainees and fix the supply... that is ridiculous.
It used to be that properly trained trainees could perform inspections. If you were a volume appraiser, it made sense to take on an apprentice, train them, and put them to work. You didn't have to waste a day driving around taking photos and measurements. When FNMA said that trainees could no longer do that, this extinguished the feasibility of having a trainee, which was now reduced to a report typing liability. They then re-allowed trainees to perform inspections, but most lenders don't want that. Can't keep changing the rules every few years.
So essentially the trainee is a useless liability to the fee appraiser. You should look into a larger appraisal shop or AMC, they are out there and they will put you to work... if you are competitive, that is.

 

[Michigander]

Good one

https://realvaluecast.com/so-you-wanna-be-an-appraiser-top-tips-for-new-appraisers/

 

[HTPA]

To my Ocean County friend -- you were given some good leads on this thread. You might start by offering to set-up the basic forms using the Appraisal software. Think how much more these Appraisers could accomplish if they had the 1004 pre-filled when they got back from observations. Think how much more useful you would be if you knew your way around the software. Got Computer skills ?? These Home Offices could use somebody who could keep the hamster running inside the PC.

Ocean County has good public data sites, do you know where to find octaxrecords ?? Get familiar with the data and present yourself as knowledgeable in the verification process. Do you have any access to Monmouth/Ocean MLS ?? Gathered a list of each town's Tax Assessor Name and number ??

Do you have any home construction experience ?? Can you spot a 30-year roof from the street ?? Can you tell the difference between Cedar and Pine ?? What's a 10 penny nail look like ??

How's your photography skills ?? Can you take interior photos without the bright windows clamping down on the aperture ??

Just out of curiosity......where'd you take your first 75 hours ?? Does the name George Yeager mean anything to you ??

Some of those qualities I have. Maybe not great, but ok. I took the courses online from American School of Business.

 

[HTPA]

Regulation has contributed to the trainee issue. It is not the single shop fee appraisers that have "decided" to not take on trainees and fix the supply... that is ridiculous.
It used to be that properly trained trainees could perform inspections. If you were a volume appraiser, it made sense to take on an apprentice, train them, and put them to work. You didn't have to waste a day driving around taking photos and measurements. When FNMA said that trainees could no longer do that, this extinguished the feasibility of having a trainee, which was now reduced to a report typing liability. They then re-allowed trainees to perform inspections, but most lenders don't want that. Can't keep changing the rules every few years.
So essentially the trainee is a useless liability to the fee appraiser. You should look into a larger appraisal shop or AMC, they are out there and they will put you to work... if you are competitive, that is.

That seems to be what I'm coning across.

 

[HTPA]

Plenty of opportunity out there in CRE. Residential will be tougher. There are several firms looking for trainees in FL, including mine.

At this point, I'd LOVE to move to Florida! Any suggestions?

 

[HTPA]

Just an update, still have not found a mentor. The little bit of training I got was taking pictures, measurements, writing reports (practice), going through houses and taking inside pictures, etc. Problem is, I don't I can't find a mentor willing to take the responsibility of an apprentice with all the new regulations they've added.

So, I'm stuck. However, still searching!