We have a website but it's for real estate also. The good news is that if you DO put up a website and link it from a decent appraiser's list site like appraisers.com, you see some business come out of it. However, the bad news is that a good percentage of the business we get off of our's is deadbeat lenders.
I would say a lot of that depends on the market are you are in. I am in North Alabama and we are a mostly rural area. I have a website but I can not say that I have gotten any buisness off of it. I may have and just not know it though. If your in a more urban market I would think that the chances are better of getting work.
If you have to pay to get a site done then it might not be worth it. If your computer savy and have some artistic abilities and can do your own site it's pretty cheap that way. I am about to add several things to mine. Like PDF copies of my license, sample appraisals, rate sheets and resume. Then when a new lender calls I will refer them to my web site for what they need.
I will add that your better off to have someone do your site than make it yourself if you don't have any talent in that area. A bad web site is worse than no web site in my opinion!!
Check the top of this site for links to free web site designs, and very reasonable hosting fees. It's where I got mine, and I am satisfied. I don't really think I've gotten any business from it, it's mainly just an ego stroke. But if I get ONE appraisal a year from it, it more than pays for itself.
I have a website that I got through my Platinum Version of Athena/Alamode. I think that eventually everyone will have to have one just to keep up. A few jobs a year will make it worth while. You will probably need to purchase a program like Microsoft Frontpage to get it set up properly. (Another learning curve! ) My biggest gripe is all the "techno-phobics" that I run into at the lending institutions. I tell some of them that I have a site for their convenience, but they still prefer to fax the requests to me. Oh well, just as long as I keep getting the requests! Some of these lenders don't even have color printers to print out the appraisals, not to mention legal size paper. Good luck!!