Realtor Bashing

[Mountain Man]

When I started, you generally got to be an appraiser by coming in from the sales, banking, or contracting end. Personally, my previous experience as a broker and builder has been invaluable to me in serving my appraisal clients. With still holding my license, I get to grab a piece of the commission when I trip across a deal... usually one or two a year. In those few cases, my experience as an appraiser has been invaluable to me in serving my clients in the brokerage end. With knowledge from multiple aspects, I've been able to sell and get properties closed that no one else could... on the appraising end, I've been able to help clients who couldn't find an appraiser who was willing to take the white elephant. Have made some good money on both ends with a multifaceted background.

 

[Mike Phillips]

I wonder, would you be MORE affiliated with a "real estate sales person" who was previously an appraiser; or an appraiser that had sold real estate previously?

Just curious, not starting a war here folks. But, I'll bet I get less than 2 responses to this due to political correctness. I've just always wondered which most prefer.

Bet on!!! You can always count on me to say something that is not PC.

Actually, one of the great mistakes that resulted from licensing/certification was the notion that it is not necessary to know how real estate is bought and sold to appraise it.

I understand why that happened as I was around during the great debates about licensing/certification. It was much like the current pizzing contest over the HVCC. There was just no way the industry was going to accept the requirement for certain appraisal education and testing beyond (in addition to) the traditional saleman's or broker's license.

The pathetically low educational requirements to enter appraising are a direct result of the argument that increasing the investment to become an appraiser would have resulted in higher costs to the consumer. Oh...and the creation of the Licensed level category of appraisal license was pure PC as well. Now, I would ask everyone to take a hard look at the current mess and tell me about cost.

We are, and we will remain a subset of the real estate sales side of the industry whether we like it or not. The concept of the "broker and his gophers" is still alive and well today. We just call them "supervisors and trainees." It will remain so as long as the independent contractor concept remains in place. Appraisers are pushed to "find" equity just like agents/brokers are pushed to find buyers. List your house for sale and you interview 3 Realtors; when the lender decides to order an appraisal they "interview" 3 appraisers. Six of one...you know the rest. And there are plenty of appraisers willing to be interviewed.



Have a nice day.

 

[LordofTexas]

Guess I should have added: "professional and ethical appraiser and professional and ethical RE sales person, lol.

 

[DonRico]

As with every profession, there's good realtors and there's bad ones. Same for appraisers, as someone just noted. Same for Astrophysicists, I'm sure.

In the interest of full disclosure, I maintain my Realtor/Salesperson license. And I have heard my colleagues say some of the darndest things in office meetings. Some of their statements defy their so-called Code of Ethics. But all salespersons do that!

I used to call them Realt*****s....but the *****s got offended.

 

[DonRico]

Ah, shoot....filter stepped on my punch-line.

I should have spelled who-ers the North Jersey way.

 

[Fred Rossiter]

Dear Fellow Appraisers,

I feel qualified to address this issue since I have been a full time Realtor for the last 36 years and an Appraiser for the last 10 years. I wear two hats but never both at the same time.

I can tell you that being a successful Realtor is a lot harder than being an appraiser. The real estate brokerage business is not a cash flow business like appraising is. Deals are few and far between.

Realtors need a different skill set than appraisers. Realtors deal with people problems and appraisers deal with property problems. Being a Certified Appraiser makes me a much better Realtor and being a Realtor makes me a much better appraiser.

Let me remind my fellow appraisers that they would never get 90% of their orders were it not for the efforts of the one or two Realtors it took to put a sale together. And, Realtors put in a lot more time, effort and MONEY to consumate a contract between a buyer and seller than an appraiser does to appraise the property. If it weren't for Realtors, most appraisers wouldn't have a job. I know many Realtors that have a broader and deeper understanding of a particular market than any appraiser.

I'd suggest appraisers show a bit more respect for Realtors. After reading many ignorant posts on this Forum, I submit that many appraisers are unqualified to blatantly criticise Realtors. Many times, it's a case of the "witch calling the kettle black."

State Licensed Real Estate Broker and
State Certified Residential Appraiser

 

[TC]

I know many Realtors that have a broader and deeper understanding of a particular market than any appraiser.

Always cracks me up when appraisers call agent/brokers/Realtors stupid. If they're so dumb, why do most appraisals come within 3-4% of listing price? Seems to me they KNOW the market.

TC

 

[Stone]

Who is it around here that likes to quote Sargeant Hulka?

"Lighten up, Francis"

:new_smile-l:

 

[Hamlet]

Always cracks me up when appraisers call agent/brokers/Realtors stupid. If they're so dumb, why do most appraisals come within 3-4% of listing price? Seems to me they KNOW the market.

TC

If you are a good realtard you will provide skippy with the target.

Donna Jenkins,
Licensed Residential RE Appraiser
Licensed Real Estate Agent/Realtor

 

[TC]

Who is it around here that likes to quote Sargeant Hulka?

"Lighten up, Francis"

:new_smile-l:

That would be me, unless we were in Germany, then it would be Joker.


TC