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Anyone an Appraiser and a Realtor?

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tompton

Freshman Member
Joined
Nov 12, 2007
Professional Status
Certified General Appraiser
State
Minnesota
I just wanted to check and see if any of you are both appraisers and realtors. If so, how do you go about marketing yourself with this skill set?

Thanks
 
Yes, lots of us on this form are both. It used to be that you had to be a broker before you could become an appraiser, or even have access to MLS for that matter.
 
I just wanted to check and see if any of you are both appraisers and realtors.

Everyone who is a member of MLS is almost certainly both, given the definition of a "Realtor" (aka, Appraisers, RE Sales Agents and RE Brokers can all be Realtors). Now if on the other hand if you are asking if some appraisers are RE Sales Agents or RE Brokers in additional to being RE Appraisers I would state that roughly 50% of the appraisers I know are also Sales Agents and/or Brokers including my mentor, his mentor, and at least half of the rest of the old office.
 
In my area you don't have to be a Realtor to get the MLS. Most people, even appraisers, assume that all agents/brokers are Realtors. Not so.
 
I just wanted to check and see if any of you are both appraisers and realtors. If so, how do you go about marketing yourself with this skill set?

Thanks


The wise person who is dual-licensed makes EVERY effort to keep the two very separate and very distinct so not as to create confusion as to the role the licensee is performing in a particular instance.
 
The wise person who is dual-licensed makes EVERY effort to keep the two very separate and very distinct so not as to create confusion as to the role the licensee is performing in a particular instance.

That is basically the key. I've never had a problem... client calling for an appraisal obviously is not calling for a listing agent, and client calling to buy or sell something are not calling for an appraisal. As long as you don't call a CMA an appraisal, and you don't try to steal a listing client away from another agent while doing an appraisal, all will be fine. Nothing wrong with having 2 hats, just so long as you don't try to wear both at the same time.
 
All the appraisers I know here have or had both a sales license and an appraiser certification. Although most certified appraisers don't sell for a living, they keep the license for thier own sales and purchases and for those of their friends and relatives.

You cannot appraise when the possibility of a vested interest might be made, but you sure has heck can sell it for or help buy it for, the people who might be considered to be a vested interest. That way, you don't loose business.

Most of us, do not advertise as being double licensed in single advertisements. When selling, you are a sales person. When appraising you are an appraiser. Together, both licenses give credibility when working with attorneys and in the courts. Other than that, it confounds the perspective and expectations of buyers/sellers and homeowners.

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I have both, I think I sold 3 houses in 5 years. Just not my thing. I send referrals to an agent that I know, thats as much involement that I want.

Jon N
 
I have both, I think I sold 3 houses in 5 years. Just not my thing. I send referrals to an agent that I know, thats as much involement that I want.

Jon N

I'm with you. I have had my license for 2 years and have sold 4 houses. I have decided that I do not have the patience to deal with buyers and sellers in that roll. I make more money appraising and have less hassles. I'll keep renewing the sales person license but will rarely use it.
 
When you say Realtor, do you mean members of the association or are you asking if any appraisers also hold a real estate sales or brokers license?

You don't have to be a Realtor to sell real estate.

There is one agency/broker in my area that is not a Realtor and they do not belong to our MLS.

I hold a sales license and my boss holds the broker license. We are both Realtor members.

The wise person who is dual-licensed makes EVERY effort to keep the two very separate and very distinct so not as to create confusion as to the role the licensee is performing in a particular instance.

100% correct.
 
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