Mary Ann Guenther
Freshman Member
- Joined
- May 8, 2003
Hi. I have been considering some college courses in appraisal and have read many of the current and past comments posted to the boards. I am finding that there is more to appraising property than I had initially supposed. I love to look at houses and the idea of learning how to estimate value is a challenge I am looking forward to
One of the concerns I have seen posted is in finding a mentor. I live near St. Louis Mo and have seen ads from time to time soliciting associates. Some have been from appraisal companies, some from banks, and one ad from an out of the area company hiring for specific territories. Salary and benefits mentioned by bank, split-fee by others.
Questions I have are:
do banks/mortgage co. offer quality training?
is there a big difference in compensation between a salary/benefits position versus split-fee?
does an appraiser have to "inspect" a premises for FHA appraisals? if so, how does one go about getting an inspectors license?
will an associates opportunity for training improve if they have other office skills to offer employer?- from what I have seen posted a trainee can expect to earn what an average office clerk is compensated.
I would appreciate any advice given and I thank you for reading this post!
Mary G.

One of the concerns I have seen posted is in finding a mentor. I live near St. Louis Mo and have seen ads from time to time soliciting associates. Some have been from appraisal companies, some from banks, and one ad from an out of the area company hiring for specific territories. Salary and benefits mentioned by bank, split-fee by others.
Questions I have are:
do banks/mortgage co. offer quality training?
is there a big difference in compensation between a salary/benefits position versus split-fee?
does an appraiser have to "inspect" a premises for FHA appraisals? if so, how does one go about getting an inspectors license?
will an associates opportunity for training improve if they have other office skills to offer employer?- from what I have seen posted a trainee can expect to earn what an average office clerk is compensated.
I would appreciate any advice given and I thank you for reading this post!
Mary G.