Is it worth it to upgrade?

[Stone]

I would also consider becoming a DESIGNATED appraiser as I believe these designations will also increase the value for your work. I have one client now that will only accept work from designated appraisers only!

While I'm not designated, I agree with this, as well.

 

[Doug Wegener]

reciprocal

In my case I don't think it would be worth the fight. As I can't see the state appraisal board approving me for an upograde after the long battle I have had with them. Plus the fact the complaints are ready to be sent to them on all their experts that testified against me in the hearings and butcher USPAP so bad. I have filed a notice of claim with the state claims board for damages and are planning to pursue my rights for damages. As noted here by former state of Wisconsin board members in other posts, I have caused the state appraisal board problems. As others have told me they received phone calls to try and help get me shut down from board members. The chance I would win board approval for an up grade would be naut.

All I have left to do is apply for eiprocther my CR or CG and take the test which is no real biggie for me. I have the hours and I have the education, but I think it would be a waste of time and money. Any way I am in the process of applying for my SS, which puts me closer to full retirement.

As for some one getting into the business or wanting to stay in it might be worth while if you know Business 101 and Marketing 101 as there are other sources of income in appraising besides lender work. I can attest to that as I have five appraisals on my desk now for this week that are not lender work appraisals.

Ray

You might consider getting certified in a reciprocal state. After you did, you could then apply for a reciprocal license in Wisconsin. They wouldn't be able to deny you due to reciprocal agreements.

More than one way to skin a cat.

 

[Kimberly Korbe]

Would like some opinions. Considering the fees being paid, is it even worth it to upgrage to cerified residential?

Absolutely yes yes yes. If you plan on a long term career as an appraiser, then yes, upgrade.

I've just recently upgraded and after 5 months of being slow, I'm now very busy. Some from FHA, some from a couple of AMC's that recently sent notification that only certified appraisers can now accept orders, and from private/estate clients that were told to hire a certified appraiser.

I know there are licensed appraisers out there that know far more than I do and have been appraising for many years. They received plenty of notice that things were going to change in 2008 and all they had to do was take a class or 2 to upgrade their license. Many procratinated and didn't get it done. Sorry, I have no sympathy for them.

For you to push forward and complete the education to upgrade shows that you are dedicated to the business.

K~

 

[Doug Wegener]

Might be worth it.

Absolutely yes yes yes. If you plan on a long term career as an appraiser, then yes, upgrade.

I've just recently upgraded and after 5 months of being slow, I'm now very busy. Some from FHA, some from a couple of AMC's that recently sent notification that only certified appraisers can now accept orders, and from private/estate clients that were told to hire a certified appraiser.

I know there are licensed appraisers out there that know far more than I do and have been appraising for many years. They received plenty of notice that things were going to change in 2008 and all they had to do was take a class or 2 to upgrade their license. Many procratinated and didn't get it done. Sorry, I have no sympathy for them.

For you to push forward and complete the education to upgrade shows that you are dedicated to the business.

K~

Oregon is little different than California . It might be worth it there.

Its on my list but not a high priority. Why should it be? You can't make any real money.

 

[Lloyd Bonafide]

Things are not that great for many residential appraisers today, but if you intend to stay in appraising, then you really don't have much choice except to upgrade. So much lending is FHA today. Probably 70% of my work is now FHA, and if I didn't have that I would have to find another career.

 

[Stone]

Oregon is little different than California . It might be worth it there.

Its on my list but not a high priority. Why should it be? You can't make any real money.

Seems like you are picking the responses you wish to listen to and rationalizing away the ones you don't. Several people responded with reasons as to why one would be better off upgrading, but you have decided it isn't a high priority...something you had decided before apparently.

The quoted answer above is very similar to the answer so many licensed appraisers gave around here prior to the change when it became more difficult. Then, all of a sudden (to them) it was more difficult to get work as a licensed appraiser and the screaming began...as if there was no warning.

If you want significant work outside the usual AMC grind...get certified. If you want to have more options...get certified. Does getting certified guarantee anything? Of course not. But, not getting certified guarantees you won't be able to do any assignments that require certification. My guess is the better assignments will continue to require that at a greater and greater rate.

Sorry to be harsh, but it seems to me this thread was started for the purpose of rationalizing not doing it and simply grumbling about the lack of work and fees available.

 

[Randolph Kinney]

+1

He has created a thread asking the same on this before the 2008 change in the certified residential requirements. The answers were the same then as they are now.

 

[Stone]

+1

He has created a thread asking the same on this before the 2008 change in the certified residential requirements. The answers were the same then as they are now.

Now I get it. Thanks, Randolph. I didn't understand all the "I don't need to do it" responses then and I still don't.

 

[Lawrence R.]

Now I get it. Thanks, Randolph. I didn't understand all the "I don't need to do it" responses then and I still don't.

I did it. Soooooo worth it. I had an entry level license in 2006, saw the writing on the wall in 2007 and got off my arse and finished the process just this month!

Some people are just looking for a roadblock. My dad used to say that they are looking for a job with all their might and praying they don't find it 10 times harder.

So, you want a roadblock? Here:

It was pretty hard and there were a few times I didn't think I would make it, and I needed help from others to get it done.

Keep the AMCs in business a few more years before you figure out that what really wasn't worth it....was doing nothing.

Edited to add:

After reading this it may look like I am lecturing Stone, which I am not, I am spring boarding off his response.

 

[Stone]

I did it. Soooooo worth it. I had an entry level license in 2006, saw the writing on the wall in 2007 and got off my arse and finished the process just this month!

Some people are just looking for a roadblock. My dad used to say that they are looking for a job with all their might and praying they don't find it 10 times harder.

So, you want a roadblock? Here:

It was pretty hard and there were a few times I didn't think I would make it, and I needed help from others to get it done.

Keep the AMCs in business a few more years before you figure out that what really wasn't worth it....was doing nothing.

Edited to add:

After reading this it may look like I am lecturing Stone, which I am not, I am spring boarding off his response.

I understood, Lawrence.

I think you are correct about looking for road blocks. There also is a sense of looking for approval to not do it. "If I start a thread like this, someone will give me a good excuse not to bother".