Appraisal hours

[Caleb_Nelson]

Hi all,

I’m currently an appraiser trainee and have some questions.

1.) How many hours on average and given range did you clock as a trainee for measuring a house, taking pictures, etc?

2.) How many hours on average and given range did you clock as a trainee for the report part of the appraisal?

I’m clocking between 1.5-3 hours for house measurements and just started getting trained on the reporting part. The only concern is I started last September and only have 80+ hours and currently on my 35th appraisal. It’s mentally exhausting that it’s been almost 7 months and not making much progress.

 

[JTip]

1. Depends. Average? 15-20 minutes
2. Depends Average? 2 - 2.5 hours

It took me, from the day I started until the day I passed the certified residential test, a total of 4.5 years.

I don't remember how many appraisals I had logged, but it was a boatload. That's when the old 2055 was king and I cranked a bunch of those.

 

[Rocky777]

Inspection? 5mins-2 hours driving each way + comp photos. Inspection 15-20 + time bsing with agent/homeowner, you know the casual interview while they tell you stuff they were not planning on. Sometimes I hang out longer at site to observer external factors like what kind of train passes or can you hear the highway from the house.

Write up, 1.5 hrs for a townhouse, 6+hrs for larger $$ waterfronts. Most of the extra time is in researching, talking to agents, pulling up extra maps etc.

Took me 3-4 years to be quick

 

[KHS445]

Every supervising appraiser does it differently. When I first got into appraising, I was fortunate enough to have almost 20 years of bank lending/management experience. My supervisor went with me on a few inspections and when he was comfortable with my work, he would send me out on my own. From the very beginning he had me complete the entire report to the best of my ability and then would sit down and go over the report with me. Then he would have me rework it and review it again. After a couple of revisions, we would have a report he was happy with, and it would be submitted. I also had copies of several old reports on my desk that I could refer to if I ran into something I was unsure of. I was completing full reports within a couple of months, with my supervisor reviewing and signing off on them. I have to admit when I was starting out most of the reports went to the local Bank and they were nowhere near as involved as they are today. Then as now, it is a process that one needs to learn, and both the trainee and the supervisor need to be comfortable with.

Again, what you contribute to the report is between you and your supervisor. I would think you should be to a point of entering all the basic information into the report, putting pictures in the report, doing the sketch, pulling comps to review with your supervisor, inputting the basic comparable information and maybe even taking a stab at making adjustments and finishing out the report. In my opinion you should be spending 6-8 hours on each assignment and feeling comfort recording 4-6 hours of experience time.

 

[shrubberyvaluation]

Hi all,

I’m currently an appraiser trainee and have some questions.

1.) How many hours on average and given range did you clock as a trainee for measuring a house, taking pictures, etc?

2.) How many hours on average and given range did you clock as a trainee for the report part of the appraisal?

I’m clocking between 1.5-3 hours for house measurements and just started getting trained on the reporting part. The only concern is I started last September and only have 80+ hours and currently on my 35th appraisal. It’s mentally exhausting that it’s been almost 7 months and not making much progress.

Have you only worked 80 hours in 7 months? See what your state counts for hours. That is like 2 weeks of full time.

 

[Caleb_Nelson]

Have you only worked 80 hours in 7 months? See what your state counts for hours. That is like 2 weeks of full time.

yes. So this is my 35th appraisal and I started the first week in September. I clock 1.5-3 hrs per appraisal. My supervisor is helpful just he flips houses as well so we do 1-2 a week at most. I'm starting to get trained on reports so I will be able to clock more. I called my appraisal board today and I can't clock driving time. Hopefully I can eventually find a second appraiser in Baton Rouge or just try to stick it out these 3-4 years.

 

[ZZGAMAZZ]

1. Depends. Average? 15-20 minutes
2. Depends Average? 2 - 2.5 hours

It took me, from the day I started until the day I passed the certified residential test, a total of 4.5 years.

I don't remember how many appraisals I had logged, but it was a boatload. That's when the old 2055 was king and I cranked a bunch of those.

I concur. 30 months working 70-hours-a-week, with 70,000 miles on the car to become Licensed, with another year or two to become Certified. Looking back now i could not have done it either mentally or physically, although the extra $100K+++ income as a semi-retired dude is nice.

And somewhere I read that the inspection part CANNOT include time to-&-from the property.

 

[ZZGAMAZZ]

yes. So this is my 35th appraisal and I started the first week in September. I clock 1.5-3 hrs per appraisal. My supervisor is helpful just he flips houses as well so we do 1-2 a week at most. I'm starting to get trained on reports so I will be able to clock more. I called my appraisal board today and I can't clock driving time. Hopefully I can eventually find a second appraiser in Baton Rouge or just try to stick it out these 3-4 years.

Like many many peers who post on the AF, I'm a big fan of Spark for Appraisers that saves hours of data-entry per each report, although I would never mention that is my license application.