Why would an Appraiser even hire a Trainee?

[ucbruin]

I like Amrock....

 

[Tim Hicks (Texas)]

It's a big hassle now because the business has changed. It wasn't always the case that a new licensed or certified appraiser could sign up with AMC and be flooded with work. It wasn't that long ago when a large percentage of appraisers worked in a appraisal company.

It's pretty insane that the AMCs are willing to use brand new licensed appraisers if you ask me.

Anything to increase profits to themselves and to reduce their dependency on independent appraisers. It is part of their DNA.

 

[friendlyeddie]

If you want to start logging hours, it would be a great time to stop by your nearest or biggest appraisal shop/mill. Appraisers in most area are still in super high demand, so the opportunity to turn out more work $$$ may be enticing to someone. That said you are likely to be logging hours and not gaining the "true" training you will need to be competent in your job later on. No matter who your mentor turns out to be you'll want to "trust but verify" and seek out as many ways to expand your knowledge base as possible. If they have you out inspecting houses by yourself very early in your trainee time, I would have concerns for you. I had 10 years of RE experience before getting my CR, and now i'm 10 years CR, can't fathom all the stuff I didn't know in my first year of CR. Good luck!

 

[devin]

Seems like the licensing path is pretty convoluted. I have to convince someone else to spend a bunch of time and energy into advancing my career.

I guess I'll have to hunt down that one principled appraiser (or person for that matter) in Las Vegas who actually cares about passing the torch, etc.

Any insights ?

Its getting alot better now days, there are programs that hire trainees, so that they will be able to get their hours of experience. Keep your head up and try contacting

 

[devin]

Seems like the licensing path is pretty convoluted. I have to convince someone else to spend a bunch of time and energy into advancing my career.

I guess I'll have to hunt down that one principled appraiser (or person for that matter) in Las Vegas who actually cares about passing the torch, etc.

Any insights ?

Try Amrock I seen advertisement last week for hiring trainees, they have a program that you can earn your hours from.

 

[Terrel L. Shields]

I like Amrock..

UC - always the contrarian - ROFL

 

[ucbruin]

UC - always the contrarian - ROFL

Stop you're rolling around and sit yourself up....
Maybe the others are the contrarians when it comes to Amrock....

Amrock....
Has an easy to use portal....
Has volume in my area....
Pays well....
Pays regularly/on time....
Will direct deposit....

If one follows the requirements on the engagement letter typically no stips (and it's not as if the requirements change for every assignment or often)....
Other AMCs who service multiple lenders have basic engagement letters with lender specific "add ons" so until one gets familiar with each individual lender's "add ons" one has to read the entire engagement letter....
Plus during the early stages of the pandemic they assigned alternative appraisal products-Desktop/Exterior, full fee & extended due dates....

My opinion could change next but this week, I like Amrock....

 

[Joe Flacco]

If you want to start logging hours, it would be a great time to stop by your nearest or biggest appraisal shop/mill. Appraisers in most area are still in super high demand, so the opportunity to turn out more work $$$ may be enticing to someone. That said you are likely to be logging hours and not gaining the "true" training you will need to be competent in your job later on. No matter who your mentor turns out to be you'll want to "trust but verify" and seek out as many ways to expand your knowledge base as possible. If they have you out inspecting houses by yourself very early in your trainee time, I would have concerns for you. I had 10 years of RE experience before getting my CR, and now i'm 10 years CR, can't fathom all the stuff I didn't know in my first year of CR. Good luck!

So true. Really have to make an effort to expand knowledge and learn on your own in the years after becoming certified. 15 years since I started as a trainee and still learning a lot from working through appraisal problems. Looking back I didn't know anything in the years after I got certified. Appraisal requires a lot of self learning.

 

[bnmappraisal]

I most definitely agree with you @A K and @friendlyeddie and many others who have stated similar posts throughout the years

This site has been a great help to me these past 5-10 yrs since I've been on it.
Certain members on here, some of whom I now consider Friends, have played a big role/help in expanding that knowledge
Classes I have taken, not caring whether I get CE credit or not, have also helped

To me (just my opinion) if you still have that drive to do your best, whether you are a trainee or a CG (or anything in between), you will succeed in this business
Clients and employers (if you work for an appraisal firm) will notice that and compensate you accordingly

Keep your head up, all you (potential) trainees out there. Remember, the person bringing you on as a trainee was once in your shoes!

 

[Joe Flacco]

It's more learning from the data. Learn a lot of stuff about the market from the data you are researching and analyzing. Learning from other people and classes is okay too but it's less significant than what you learn from the data.