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Relocation slowdown?

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P.Johnson

Thread Starter
Sophomore Member
Joined
Feb 4, 2002
I quit getting calls about relocation appraisals in the past 6-9 months. I used to get about 2-3 assignments a month with about double that asking about turnaround time, area covered, etc. Now I have not heard anything for a while. Are most of the ERC appraisers on the web or doing something new? I've always got plenty of work (until this year) by just being in the ERC directory. Is the relocation industry that slow?
 

TC

Elite Member
Gold Supporting Member
Joined
Jan 31, 2002
Professional Status
Certified Residential Appraiser
State
Pennsylvania
I hear they are now using BPOs for the value.

TC
 

Doug in NC

Senior Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
North Carolina
I attribute some of the slowdown to corporate uncertainty and lack of relocation funds. A neighbor who works at a major local power company (co. that I do relo work for) has cut out most of their hiring because there is no money in the budget for it. I have only gotten one or two this year from them, normally, it would have been more.
 

Jim Bartley

Senior Member
Joined
Jan 20, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
They are using BPO's. The only assignments I have received seem to be the ones that sit on the market.
 

David S. Roberson

Senior Member
Gold Supporting Member
Joined
Jan 16, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
Just got one this morning, but I agree that it has slowed down a bit.
 
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