Slow 2017 In Socal?

[Tim The Enchanter]

Try Y'all.

 

[Slappy]

Look at loan rates and loan market originations since 10/2016. Since 10/2016 rates have gone up almost a point and loan originations have fell thru the floor. There goes your order volume. Looks like the refi market will be gone, but sales should pick up in April - September. You cannot avoid the cycles in our business. Stash some peanuts away when it's flush and go fishing a lot more when it's slow.

 

[Tim The Enchanter]

Streetlinks called me looking to hire staff they said.
It was a short conversation.
So, ima guess not too slow.

 

[Slappy]

I have been able to avoid Streetlinks level clients except for back in 2008. Scraping the bottom of the barrel back then. I must be slow this week. I 've left 2 posts within 4 hours on AF.

 

[al002kim]

Well friends, I originally posted this thread months ago and as of June 2017, workload has been really really slow since start of this year.
I've been just waiting hoping this slow cycle to end and start making appraisals and pick up the deficit but no signs of hope, starting to getting desperate in this line of work.
I've been working since mids 2000's steadily but now I might be starting to look for new line of work. I worked only with AMCs, any other direction that I should take such as non-lender (bail bonds, credit unions, etc?)
Friendly suggestions are much appreciated, thanks in advance and let's persevere!

 

[Randolph Kinney]

Start canvassing attorneys for divorce and estate work.

 

[hastalavista]

Well friends, I originally posted this thread months ago and as of June 2017, workload has been really really slow since start of this year.
I've been just waiting hoping this slow cycle to end and start making appraisals and pick up the deficit but no signs of hope, starting to getting desperate in this line of work.
I've been working since mids 2000's steadily but now I might be starting to look for new line of work. I worked only with AMCs, any other direction that I should take such as non-lender (bail bonds, credit unions, etc?)
Friendly suggestions are much appreciated, thanks in advance and let's persevere!

What steps (as in appraisal education) have you taken that will enable you to expand your potential markets/client-base?

 

[Deleted member 134708]

Well friends, I originally posted this thread months ago and as of June 2017, workload has been really really slow since start of this year.
I've been just waiting hoping this slow cycle to end and start making appraisals and pick up the deficit but no signs of hope, starting to getting desperate in this line of work.
I've been working since mids 2000's steadily but now I might be starting to look for new line of work. I worked only with AMCs, any other direction that I should take such as non-lender (bail bonds, credit unions, etc?)
Friendly suggestions are much appreciated, thanks in advance and let's persevere!

Apple's to Apple's. No, what you should do's.

Me: Last 3 years AMC's only. I only do fee's of >$349. $50K income each of the 3 years. This year. Same exact model, I'm on track for $20K income.

No need to reply on what should do or why's. Just telling the fact Apple's to Apple's.

 

[Deleted member 134708]

I decline $2,750 worth of work 5 days a week. That's $13,750 a week. Why? People on here say if we all stand together and don't accept low fees. They won't have any appraisers to do the $275 orders. So I took heed.

I don't do sub $350 work and make $20K a year doing appraisals.

 

[timd354]

Well friends, I originally posted this thread months ago and as of June 2017, workload has been really really slow since start of this year.
I've been just waiting hoping this slow cycle to end and start making appraisals and pick up the deficit but no signs of hope, starting to getting desperate in this line of work.
I've been working since mids 2000's steadily but now I might be starting to look for new line of work. I worked only with AMCs, any other direction that I should take such as non-lender (bail bonds, credit unions, etc?)
Friendly suggestions are much appreciated, thanks in advance and let's persevere!

This post is a perfect example of why it is very important for appraisers to cultivate a diverse client base both in numbers and in types of clients before things slow down.