How are my fellow appraisers doing?

[saemmons]

Kevin, I am an appraiser on the North Shore, I have not seen hardly any work for some time. Do you ever see anything for the North Shore. Thanks

 

[Mztk1]

I am at 86% of last years volume but I am probably working 25% more due to the complexity of the assignments.

 

[CGgonnabee]

Jim...I am with you...volume is down, but the amount of time spent working has increased. I wish I could attribute it to the "complexity of the assignments" but it seems that there is just more BS to address (I guess you could call this complex??!!)

 

[LadybugLover]

We're on track to finish May with 70 appraisal orders - we have two full time and one part time appraiser so we've kept busy enough. Seems like this year has been pretty consistent with between 70-85 orders per month. We have a pretty good client base, VA has picked up now that prices have come down, doing a lot of REO work. Sales are starting to pick up some - getting some refi work. If the rest of the year keeps up at this pace we'll be good to go - we lost one appraiser in March - so while we're not really getting more orders, it seems busier because we're doing the work she used to do too.

Mary

 

[Greg Bell]

Many REO'S , Love em................

 

[Terrel L. Shields]

am at 86% of last years volume but I am probably working 25% more due to the complexity of the assignments.

ditto...and I badly underbid a big assignment which has hurt me very bad...the fee should have been in 5 figures. My per hour is gonna be low...way low.

 

[Conservative in Virginia]

2 to 5 a week but with expanded requirements each requiring 50% more time/work - did build a new feed room for my horses and my kitchen stays lots cleaner!

 

[REM sleep]

volume.

Strangely, for all the doom and gloom we keep hearing, I was mildly surprised when I researched my records that my monthly volume is down exactly 4 appraisals from 2007 to 2008.from '06 to '07, my volume dropped 8 a month. OK - American Home mortgage, Option One, H & R Block, and WAMU all closed or changes ordering procedures in that year - big loss. I usually don't pay much attention to it because of the ebb and flow of companies that come and go. BUT what has hurt is the Monthly gross - no longer getting big fees for Complex Hamptons appraisals or manhattan appraisals.

I am starting to see some sunlight creeping through those clouds. We'll bounce back - just need to resolve the HVCC issues and the AMC issue. Let us appraisers who own our own little companies be the capitalist we wanted to be..........

 

[Metamorphic]

Last week bordered on busy. Did one this morning, got 1 on the schedule for later in the week and 1 promised.

 

[RSW]

This week has been the slowest in two years. I have two scheduled and an FHA final to do. I usually do between 5-10 per week. Some full fee and some discounted fees. Not a bad year so far.