How Many Appraisals Do You Complete Each Week?

[Don Clark]

I am transitioning back into the field - helps to get an idea of how many residential appraisals you complete each week? A ballpark average estimate.
Thanks

I do only VA appraisals and I do 3 per week. That is the amount I asked to be assigned.

 

[Don Clark]

I am transitioning back into the field - helps to get an idea of how many residential appraisals you complete each week? A ballpark average estimate.
Thanks

I do only VA appraisals and I do 3 per week. That is the amount I asked to be assigned.

2 a day is the goal so i inspect 4 one day and type them the next. and i have to disagree with my friend tom woolford as competency is literally all that is required. no one cares how pretty your reports are. do the minimum to satisfy USPAP/lender and move on to the next one. we do this job to make money not write novels to display our superior intellect.

2 a day is the goal so i inspect 4 one day and type them the next. and i have to disagree with my friend tom woolford as competency is literally all that is required. no one cares how pretty your reports are. do the minimum to satisfy USPAP/lender and move on to the next one. we do this job to make money not write novels to display our superior intellect.

The rear estate Board in Richmond may very well care. I just attended an informal fact finding conference to testify on behalf of another appraiser. His reports were done very well and with a high degree of competency, knowledge, looked great, well organized, and he was still charged with multiple violations. The IFFFC has recommended no sanctions. You may not care how good your reports look, but someone does and will.

 

[chad hampton]

I try for 7-10 per week. Working 12 hour days. At AMC fees, much less and the bills don't get paid.

 

[ucbruin]

When responding to your posts I always have to keep in mind that you are looking for ways to insult me..............

You have to admit...
There have been several times...
It would be hard for me not to....

In my area described there is sufficient work to suit me. Yes.

Most appraisers have a business model of doing all lender work and unfortunately most of that work comes from AMCs. That is not my business model. Of course I do lender work, I have to and I like some of it. I get a lot of Mercury Network, I get a lot of direct order work and I get a lot of private party work. I have two direct lenders who have contacted me to do work in my area that I need to respond to which will mean I will continue to ignore AMC work.

My referral work is continuing to build; I have five active files.

I am willing to do litigation work that some are not willing to do.

Great for you that you have a business model that allows you to not have to complete with other AMC appraisers.....
Having read many of your posts and now the one explaining your location within the state....
I can understand and appreciate other appraisers in your area who, instead of seeking private party assignments within 40 miles, expand their territory....
It's a business model/philosophy....
Stay within 40 miles and do private work or take on lender work and travel.....


==========================

Your second statement about why some are willing to expand their territory:

Many don't need to expand; they take a lot of AMC work so they can stay local. We do have a lot of idiots who come here who know nothing about the market in their quest to expand their territory. Two (maybe three) of those people now have complaints to the state that will not be good for them.

I am always amazed that you know in such detail the business model/philosophy of "a lot of idiots".

 

[Michigan CG]

Stay within 40 miles and do private work or take on lender work and travel.....

Nope, not necessary. There are local appraisers who only work a territory similar to mine with the difference being they do a lot of AMC work.

I am always amazed that you know in such detail the business model/philosophy of "a lot of idiots".

It isn't hard to figure out when I have reviewed the work of some of these idiots. One guy is coming from two hours away, actually his runner is. Go to appraiserusa.com and look up some of the idiots who claim to be appraising in five or ten counties; not hard to figure out their business model.

 

[ucbruin]

It isn't hard to figure out when I have reviewed the work of some of these idiots. One guy is coming from two hours away, actually his runner is. Go to appraiserusa.com and look up some of the idiots who claim to be appraising in five or ten counties; not hard to figure out their business model.

MCG's business model....40 mile radius limit
MCC's business model....no mile radius limit
Not a big deal....

2 hours....
In some parts of SoCal that could be less than 40 miles....

I hope you aren't implying that anyone who travels over 40 miles to see a property is an idiot....
@My goal was three inspections, got two done. I drove 98 miles doing two inspections and driving 12 comps. Drive and inspection time was 5.5 hours.

I'm assuming both subject properties were within 40 miles of your office....

 

[Tim Hicks (Texas)]

I try to stay within 60 miles. DFW is large. I cut out Dallas and Collin (a lot of business) because of traffic. There is sufficient activity in Tarrant, Parker, Hood, Johnson and Ellis counties. I find the solitude of the drives help me relax. Lucky to be a VA appraiser. I rarely do an AMC job as there are plenty of lenders that have their own system or use Mercury. It can be frustrating taking comp picture on a road 40 miles away and getting back to the office to find an order on that street. It seems to happen often. I always check on very rural properties to see if it is worth the time no matter what the fee due to lack of comps. I will never jinx things by bragging how busy I am because I know it can come to a screeching halt for any number of reasons. There is always somebody busier, better or smarter in this business. I noticed one of my regular lenders sent me no orders Jan-April. Now, I have five from them in the past two weeks. After 27+ years, par for the course.

 

[TRESinc]

Go to appraiserusa.com and look up some of the idiots who claim to be appraising in five or ten counties; not hard to figure out their business model.

amen!

I hope you aren't implying that anyone who travels over 40 miles to see a property is an idiot....

only an idiot would take that away from his comment...

 

[ucbruin]

only an idiot would take that away from his comment...

Well, what should be the take away???

 

[Dublin ohio]

look up some of the idiots who claim to be appraising in five or ten counties; not hard to figure out their business model.

I appraise in 6 primary counties and 2 secondary counties. Have been appraising these counties for 24 years. 3 of my 6 primary counties are rural as they get for Ohio. Get a fair amount of work in those counties since very few local appraisers will do them due to rural market. I also live less than 1/2 mile form 3 of the counties I cover and less that 2 miles from a 4th. Now figure out my business model.