Appraiser Earnings Again!

[Charlotte Dixon]

"Seriously people, just give a straight answer!"

O.K., you win. No more cuteness, no more humor, straight up answer.....

IT'S NONE OF YOUR BUSINESS!

and WE SHOULDN'T BE DISCUSSING THIS ANYWAY!

So, There You Have It....A STRAIGHT ANSWER :!:

 

[Paul Ness MAI]

There is nothing wrong with discussing income. It's pricing that gets most appraisers nervous. As a matter of fact, I was thinking about posting a poll regarding income, but haven't figured out a way to keep it simple and yet distinguish between comm vs resi and amt of yrs in the biz.

 

[Frederick R. Ruffell]

Mark,
I live and appraise in San Diego county, which abutts to Riverside county. I am a one man shop with 5 years of appraisal experiance. IN MY EXPERIANCE the average fee for a URAR 1004 is $350, assuming average complexity of assignment in an urban or suburban area. I have heard of some AMC's charging $400. Also if the value range of the property is over $500K then the fee is usually higher. 2055 interiors are less than the $350 (god knows why, but I try to get the same fee). There is no lack of work currently. The highest fee split from an AMC I have ever received is 65% but i supplied everything i.e. insurance, data, equip, car, etc. Needless to say I get my own clients. A certified appraisal license will cost you $610 every two years, plus CE. The cost of living in S.D. is higher, way higher, but the property taxes are lower (1.25%+/- vs 3.00%+/- in riverside). Parts of riverside are very hot right now as some of them are within commute distance to S.D.
Good luck.

 

[mark peters]

Oh my gosh!!!

Finally a reeeeeaaaaaaaaal answer!

Oh I see. That's why nobody would answer my question. I guess you have to be a <span style='color:red'>"Certified"</span> appraiser to answer those kinds of questions. I guess I should have known. :lol:

Thank you so much Frederick for the great insight into the market there in California. It should help me in making a decision when the time comes.

 

[Pamela Crowley (Florida)]

Mark,

Congratulations!

Thank you Frederick!!!!

Could be that Frederick is the only Appraiser on this forum from the Riverside CA area that is more than just a lurker and because of this, was the only one here that actually had the information you are seeking.

I was amazed that when I posted a referral order for the Orlando FL area a few months ago that it took about 4 days to get 1 response. I really thought I would have at least 5 Appraisers in Orlando that would jump on a freebie order with a new client.

The rest of the posts about yours..... venting, funning, etc.

Welcome Aboard!!!

 

[terr]

There is a web site that lists average pay for appraisers or any other position according to location, location, location.

 

[Debra]

Hello!

What is the website address? Thanks :wink:

 

[Leon Stewart]

Mark,

I'm from OH, but does it not boil down to how many can you do in a week times the fee you charge minus expenses. I would call a couple of AMC's and find out what the 'low' fees are in that area. Then you can calculate a 'worst case' total income. I would think the level of work is about the same across the country...the more people...the greater need for appriasals.

Good luck with your move.

terry

TE:

The more people the more appraisers, larger appraisal firms, and greater competition among appraisers.

Leon

 

[Bemis Pownall]

graindart

is that buffet night at Rountable?

I wish we had them(Roundtable Pizza) here, man your killing me.

 

[Paul Ness MAI]

I think appraiserjobs.com has a salary survey but the data is questionable (garbage in garbage out).