Certified General License and PAREA

[Zoe]

I wouldn't say the MAIs are in any way irrelevant at all. If some 20-unit condo or subdivision assignment comes along I can do that, but I have no reason to compete with the appraisers who appraise 200-1000 unit planned communities. Same with multi-family; doing a 30-unit property is one thing but doing a 200-unit property is operating on a different level. I don't like gas stations or hotel/motel or resort properties either.

Somebody has to perform those more specialized assignments and who better to do them than the appraisers who normally do them? I don't aspire to compete with them any more than I would want to compete with appraisers who specialize in the GSE programs. It's way more profitable to spend my time doing what I normally do than to chase fees on assignments that are outside my normal scope of practice.

I have posted about the MAI I worked with and his daughter possibly being 1st ever female MAI in USA. If not she was close.

She specialized in hotels. I never went that route. And her daddy that was MAI didn't either. She quit completely shortly after getting her MAI. I never worked with her. I think I met her once.

You have to separate business value and real property value. Similar to chains like Wendy's, McDonalds, etc.etc.

I am sure it is good work. You almost have to associate with a person(s) (the franchise issuer and/or owner) that owns many franchises or hotels in very diverse locations.

Then you go back to H&B use and be very specific on your H&B use analysis.

She may have went deeper on hotels and separating business value and real property value.

I am getting old George. I read some of her work, but I didn't go down that road.

 

[Zoe]

On hotels, you have much personal property, fixtures and equipment also. That has to be taken into consideration.

 

[Zoe]

What are you even talking about? There's no sarcasm and no bias. Certified appraisers are expected to... and should... have knowledge about appraising. That knowledge includes a lot more than just filling out the adjustment grid.

Why can't PAREA do CG? You will answer your own question to me if you look at it.

 

[Non Sequitur]

To the OP, residential appraising is a profession in decline and I'm sure that's why you want to make the jump. The general side is better, but as you are finding out is all but closed to anyone who doesn't have a strong contact. My advice: Take live classes and shake hands. Join an org or more than one, show up to meetings with a smile and volunteer for the yeoman's work. Sooner or later someone will take notice or someone who you shook hands with in a class will be in a position to grant a favor.