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Decision Help

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Sac-a-lait

Freshman Member
Joined
Dec 3, 2007
Professional Status
Certified Residential Appraiser
State
Louisiana
Hello Guys! I Am New Here And This Is Only My Second Post. I Have A Decision To Make Very Soon About My Career. I Have Recently Passed My Residential Exam And Have Sent My Points Off To The State Board To Hopefully Become Certified. I Recently Have Been Offered A Position At A Local Bank To Manage One Of Its Branches. I Want To Know Your Opinions On How Difficult It Will Be To Go Out On My Own As An Appraiser And What Do You Folks Think The Future Of Residential Appraising Holds. Thanks For The Input.
 
Take the J-O-B!!!

It's going to be rocky for a few years.

Good Luck!!!

TC
 
I Recently Have Been Offered A Position At A Local Bank To Manage One Of Its Branches.

Take it...........and do appraisals evenings and weekends .......for now.
 
Take The Bank Job

Take the JOB. Think of vacation time, retirement, benefits like health insurance, etc. Take the job!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
CTHEVENOT-

So far there is a theme... listen to the music...:fiddle:

Here is some well considered advise - given a long term look at the past present and probable future of appraising...

TAKE THE JOB... and don't look back. You will probably have to bury your knowledge of THIS profession under a rock. Keep the license active for as long as you can... It is a great part time job OR fall back once you have it in hand...

Unless you have a deep buring in your gut to tilt against windmills (some of us do) I's trongly reccomend that you take the deep seat and wide desk with paid holidays regular (gak even banking) hours, benefits etc.
 
Especially in the Louisiana market. I would take the job. My understanding is that most of your state is unstable, due to low housing stock and high demand. Balance that with the national mess and I would want no part of it. Your real estate market might be more of a mess than the rest of the country. I would not want any part of that.

Keep your certification for later. Make lots of banking friends to use as later business contacts. If you do not like banking after a few years, we might be settled by then.

Hello Guys! I Am New Here And This Is Only My Second Post. I Have A Decision To Make Very Soon About My Career. I Have Recently Passed My Residential Exam And Have Sent My Points Off To The State Board To Hopefully Become Certified. I Recently Have Been Offered A Position At A Local Bank To Manage One Of Its Branches. I Want To Know Your Opinions On How Difficult It Will Be To Go Out On My Own As An Appraiser And What Do You Folks Think The Future Of Residential Appraising Holds. Thanks For The Input.
 
Take the job!!!!. I have been doing appraisals part time for over ten years now. I have a full time job which will cover my bills, provide for retirement and the vacation now and then. I use the appraisal business for paying for kids college. I pick good clients to work with and don't have to put up as much bs. If I get an assignment from someone that doesn't square up, I have no problems telling them to pound sand. You know the old saying?? Its easier to get a job when you already have one!!
 
I have spent the last 9 years trying to build my appraisal business, only to see it go down the drain with the AMC's and the lenders that really don't want the truth on the appraisal. I still have some clients that want an honest appraisal, but they are far and few between. Hubby just went back to work in his prior profession (machinist) because this business just can't be relied on to pay the bills. Like others have said, take the job and consider appraising as a part time job that pays really well! Use it for the extras in life you want. I just would not recommend using it for the main paycheck.
 
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