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Do you enjoy being an appraiser?

djd09 said:
do enjoy being called a racist... :unsure: :rof:
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Just got off the phone with with an associate whose current assignment backs to commercial, and one of the bathrooms is gutted. Owner thinks the property is worth $800k. The force is with her, he's white..... now he's walking on eggshells.
 
Surf Cat said:
Just got off the phone with with an associate whose current assignment backs to commercial, and one of the bathrooms is gutted. Owner thinks the property is worth $800k. The force is with her, he's white..... now he's walking on eggshells.
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In California? Probably worth more than $800,000 just for the lot or land value alone. She's probably just in over her head and over thinking it..
 
glenn walker said:
In California? Probably worth more than $800,000 just for the lot or land value alone. She's probably just in over her head and over thinking it..
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Dude....he's an appraiser. No, the land is not worth that much. Yes, she's in over her head....hard money loan....
 
Surf Cat said:
Dude....he's an appraiser. No, the land is not worth that much. Yes, she's in over her head....hard money loan....
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YOU SAID THE FORCE IS WITH HER !! in your post.
 
Dislike in town, cookie cutter work. Much prefer rural work. Like the roads, the views, the people and get to see lots of interesting properties. Keeps it interesting.

Probably 10 years ago noticed I was tiring of driving and sitting in the office. Literally feel myself dying after a long day of sitting. I've had physical jobs as long as I've been working and even physical side jobs while appraising until recently. Just don't think I'm built to sit still for hours and it's way worse as I've gotten older. It's definitely making me contemplate an exit.

Had a good day today, hit the gym hard, 3 inspections, excellent weather, easy properties and then a canoe/paddleboard with the wife and dogs. Wish everyday was like today.
 
Surf Cat said:
True statement to be sure.

The problem is, AI is looking at the numbers in collateral underwriter. Collateral underwriter is made up of tens of thousands of appraisals. How many of those appraisals were pull from the air adjustments in price per square foot, condition, location, Etc.?

Can AI in combination with collateral underwriter and Freddie's Home Value Explorer (HVE) determine the future evaluation of real estate based on the previous 10-year history with (some, not all) "suspect" adjustment numbers along with just photos from a PDC? With no appraisal intervention whatsoever?
This is where the rubber meets the road.

I do like the investigative analysis to form an opinion of value. Agree with others above that state it used to be fun prior to the hvcc and heavy AMC involvement.
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Always seems to me that clients would be more interested in prospective rather than contemporanious values, although I've never read articles about the ability of AI to predict the future, but I betcha somebody is building a model to do so...
 
Vermonter said:
Dislike in town, cookie cutter work. Much prefer rural work. Like the roads, the views, the people and get to see lots of interesting properties. Keeps it interesting.

Probably 10 years ago noticed I was tiring of driving and sitting in the office. Literally feel myself dying after a long day of sitting. I've had physical jobs as long as I've been working and even physical side jobs while appraising until recently. Just don't think I'm built to sit still for hours and it's way worse as I've gotten older. It's definitely making me contemplate an exit.

Had a good day today, hit the gym hard, 3 inspections, excellent weather, easy properties and then a canoe/paddleboard with the wife and dogs. Wish everyday was like today.
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Me personlly, I drive down any dirt road even within a few miles of civilization, I figure I ain't coming back, flashbacks of Deliverance from 50 years ago. Wouldn't be so bad but I always realize that it might be a week or more before anybody even realized I was missing....but on the flip side, Never more than 2 or 3 "cookie cutters" of every 100 city assignments. Too many nuances of real property ever for an assignment to be boring...
 
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