Don, I would appreciate some more of your insight. I am 51. I have been appraising 9 years. I owned several companies before that. i got in to appraising to return to working from home. . .no employees. . .no board members. . .no attorneys. . .no partners.
I also got in to it as a future retirement move. I currently do about 30-35 appraisals per month. I hope to cut back in about 10 years to just 3-5 appraisals per week. Hunt and fish the rest of the time.
I have found the best way to make it through this business cycle is to work with integrity and give better customer service than my competitors. The appraisers that are pushing values are gradually leaving around here as they are showing up on cut off lists, etc. Most of us are not taking on trainees. Also, a lot of the newer appraisers aer getting out as they do not hae the customer base some of the more establisehd appraiers do. And frankly, some of the newer ones do not have the work ethic some of us "older guys" do. I start at 6:30 in the morning and often work up to 9 PM. Busienss down? Go out and call on offices! The next president is not going to save us.