Assignments For Al Appraisers

[undergroundPOP]

Hi everyone,

I currently have an AT license, and I'm steadily accruing my hours as a trainee. My initial goal was to upgrade directly from an AT to AG, but taking into consideration my wife and my desire to have a baby in the next year or so, I've decided to explore the option of acquiring an AL license. I'm hoping to do some independent residential work while I continue to pursue my AG license.

My only concern is that clients (mainly banks) will be reluctant to give work to an AL appraiser. To those who have been in my shoes, or those who currently hold AL licenses, have you been able to get work as a licensed residential appraiser? or do banks and other client bases tend to stay away from AL appraisers?

 

[Deleted member 134708]

If you just want to go for hours and experience. Sign up with Pro-tek and clear capital, Rels etc. you will have as many orders for $225 as you want. I just had 11 orders from pro-tek in inbox (what made me think of it) I didn't even open emails but deleted them.

 

[undergroundPOP]

If you just want to go for hours and experience. Sign up with Pro-tek and clear capital, Rels etc. you will have as many orders for $225 as you want. I just had 11 orders from pro-tek in inbox (what made me think of it) I didn't even open emails but deleted them.

Thanks for your reply nottrav. So I'm assuming that these companies that you mentioned are AMCs that send out orders for appraisal? Are the appraisals area/market specific or pretty broad and you're asked to chase them around?

 

[Michigan CG]

Why not start with a CR license instead of the lower license?

You are training to be a CG, does your current mentor do residential?

Most respected clients will not take you without five years of having a license.

 

[hastalavista]

If you are a trainee license level and you have been accumulating commercial experience hours, notwithstanding the anticipated change in your family's composition (congratulations, by the way!), my advice is to find a firm where you can earn a Commercial Trainee wage and stay focused on the commercial track.

I don't know where in California you live. In the San Francisco Bay Area, there are a number of commercial firms that would hire a licensed trainee who has been on the commercial-training path.

You may want to check with your local Appraisal Institute Chapter: call and ask for the Executive Director and find out if they have a jobs-posting section on their web site. Or (better yet), go attend a chapter meeting that is close to you and ask to introduce yourself as a trainee looking for a firm to work for.

Good luck!

Denis

 

[bnmappraisal]

My initial goal was to upgrade directly from an AT to AG

Although I enjoy the RES side of things, I do encourage anyone getting into this profession to go towards the CG license. That offers so many more opportunities. I'm not in CA, so I won't speak toward all the licensing, etc there but would say go for at least the CR or CG. Don't limit yourself.

 

[undergroundPOP]

Although I enjoy the RES side of things, I do encourage anyone getting into this profession to go towards the CG license. That offers so many more opportunities. I'm not in CA, so I won't speak toward all the licensing, etc there but would say go for at least the CR or CG. Don't limit yourself.

bnmappraisal, thanks for your advice.

My intention is to continue accruing hours and get my AG in another year's time, I'm just looking to make some supplementary income to grow my family before another year passes. The biological clock is ticking!

 

[undergroundPOP]

If you are a trainee license level and you have been accumulating commercial experience hours, notwithstanding the anticipated change in your family's composition (congratulations, by the way!), my advice is to find a firm where you can earn a Commercial Trainee wage and stay focused on the commercial track.

I don't know where in California you live. In the San Francisco Bay Area, there are a number of commercial firms that would hire a licensed trainee who has been on the commercial-training path.

You may want to check with your local Appraisal Institute Chapter: call and ask for the Executive Director and find out if they have a jobs-posting section on their web site. Or (better yet), go attend a chapter meeting that is close to you and ask to introduce yourself as a trainee looking for a firm to work for.

Good luck!

Denis

Denis, that's really helpful advice. Can you elaborate more on the "Commercial Trainee Wage"? I'm performing fee based work where I get 35% of the job's fees. The only downside is that the firm that I work for specializes in complex properties, so the rate at which I can complete these assignments is pretty slow. Now if I were appraising single tenant industrial buildings, then that would be a piece of cake compared to what I'm usually working on. I feel like I'm lucky enough to have found a mentor to train me...

Having said all of that, thanks for your advice. I'll definitely check out the local chapter to just expand my network!

 

[Eli]

It depends on your focus. If you are focusing on government insured mortgage work, it depends on where you are and the future is unpredictable because the government is insuring the loans and deposits. I don't know your local lenders. FHA would limit you.

If you are focusing on other intended users, then you might be fine.

 

[Tim The Enchanter]

Sign up with Pro-tek and clear capital, Rels etc. you will have as many orders for $225 as you want.

Make sure to buy the optional sword. You will probably want to fall on it sooner or later.