• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

I Got A Job Offer

Status
Not open for further replies.

David Bodtcher

Junior Member
Joined
Oct 18, 2002
Professional Status
Appraiser Trainee
State
Utah
I am a trainee appraiser. I got an job offer to work with a lender company as an trainee assistant review appraiser. Anyone know how this works as a trainee appraiser? Good benefits, good pay, all sounds pretty good, yet I am recently becoming a little worried as I was never interviewed in person. The position is in another city, 8 hours away, so i'm relocating, I had about 4 interviews over the phone. Since I am new to career businesses, is this normal, or does it mean something bad? if bad, I can't figure out why or how. Any information or pointers is much appreciated.
 

Tawfik Ahdab

Senior Member
Joined
Feb 19, 2003
Professional Status
Certified Residential Appraiser
State
Oregon
To be a review appraiser, it helps to have actual appraisal experience. I would say that the more experience the better a reviewer you will be. If I were the employer, I would never hire a reviewer without considerabel experience, both in appraisal and in appraisal review. The fact that the lender doesn't care that you're new at this profession only tells me it has low expectations of your work product, and that, as their employee, the lender might manage to browbeat you into letting many things pass. You're likely to do that, whether willingly or not, if you don't have the experience to evaluate appraisals.

Sure the job may be good for the time being, and benefits may be attractive. But you won't get adequate appraiser experience doing only review work. And consider this: what will they do with you when the market slows (as it will)? You'll be let go or your in-house position will be eliminated, and you'll then have to build your appraisal practice from scratch in a down market. That's a tough thing to do...

Best of luck. It's your decision to make, but I wish you would seriously consider my words.
 

David Bodtcher

Junior Member
Joined
Oct 18, 2002
Professional Status
Appraiser Trainee
State
Utah
oops, i forgot to add, i have a year of appraisal experience.
 

Bobby Bucks

Elite Member
Joined
Jan 27, 2002
Professional Status
Real Estate Agent or Broker
State
North Dakota
Tawfik's advice is very good. Understandably you didn't post the name of the company here, but you may wish to search the archives of the "Clients, Good, Bad and Ugly" forum and also consider joining and checking the deadbeatlistings.com If this company has a past history of not paying vendors, eventually they will get bad about paying their employees.
 
Joined
Jan 16, 2002
Seems dubious at best. Check them out (as Bobby Bucks indicated), and/or check with state banking department
or licensing authority (whatever it is in your state). Seems
a little "hinkey". Ditto other comments.
 

Pine Tree

Junior Member
Joined
Aug 19, 2002
Professional Status
Certified Residential Appraiser
State
Maine
you know the saying...

If it sounds too good to be true, it probably is..


:wub: :wub: :wub:
 

David Riggs

Sophomore Member
Joined
Apr 12, 2002
Try it out for a month. You should know pretty quick if it's for you. Don't sign any long term lease, or change where you are living now. You could also tell your employer the first 4 weeks are a trial basis. I bet they would understand.

This way you will know for sure. Please keep the board updated.

Good luck,

David ;)
 

Randy Beigh

Senior Member
Joined
Jan 16, 2002
David

I'm taking a different position than the others.

Do you know the company? Is it a well respected company? What are your responsibilities? Since you are a trainee, there must be somebody over you with a license? Are they going to train you and help you get licensed?

Sometimes, people write into this forum remind me of when I was selling real estate, many moons ago. If the potential purchaser brought the father/mother to the house, they rarely told their children, it was a great buy. They played it safe and said they could do better.

I think you should ask more questions and if you feel comfortable, you go for it. And with best wishes from me.

Good luck.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks