D
Deleted member 152047
Guest
There is no norm on the commercial side. If you work for one of the big guys you will need to turn down work. If you work for an independent firm, you'll be lucky to be busy consistently.
2 commercial appraisals per week is pretty typical. In small shops that is 2 x $2,300 or $18,400 per month, of which, a trainee will make about 30%. That is not 40 hours per week though, probably more like 50-60 hours. Also, it will take somewhere in the neighborhood of 3 years before you are able to tackle most assignments on your own.
In the larger firms those numbers can skew upward substantially. In a smaller firm, if a trainee was billing between $150k and $200k per annum, we were very happy. In my current firm, our expectations are much higher, but we also have significantly higher fees and expect more out of the folks that we train.
2 commercial appraisals per week is pretty typical. In small shops that is 2 x $2,300 or $18,400 per month, of which, a trainee will make about 30%. That is not 40 hours per week though, probably more like 50-60 hours. Also, it will take somewhere in the neighborhood of 3 years before you are able to tackle most assignments on your own.
In the larger firms those numbers can skew upward substantially. In a smaller firm, if a trainee was billing between $150k and $200k per annum, we were very happy. In my current firm, our expectations are much higher, but we also have significantly higher fees and expect more out of the folks that we train.