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"will Sombody Help Me" " Should I Continue Appraising As A Career"?

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devin

Junior Member
Joined
Sep 17, 2013
Professional Status
General Public
State
California
Should I continue appraising as a career?
 
D

Deleted member 134708

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It's not currently a career (as of 2017) if residential and in CA relative to what Fortune 500 companies pay and their offered trajectory. It's a great part time or retirement gig.
 
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devin

Junior Member
Joined
Sep 17, 2013
Professional Status
General Public
State
California
Yep, I'm beginning to realize it. I'm scratching my head , at the amount of business my Mentor has, but it takes time, and even he went out and got his Broker's License as well.
 

Tom Woolford

Elite Member
Joined
Nov 20, 2005
Professional Status
Certified Residential Appraiser
State
Florida
You don't say if Residential or General Appraiser. If a General, sure, stick with it. If Residential, and you are young, find a new gig.
 

bnmappraisal

Elite Member
Gold Supporting Member
Joined
Nov 9, 2011
Professional Status
Certified Residential Appraiser
State
Florida
For me, Yes, i'll continue appraising as a career. I enjoy it. No I don't make the Fortune 500 figures Nottrav mentions, but I'm happy with my income. I'm especially most happy with the fact that I get paid to do what I want to do and, with this job, have the flexibility I have. That, many times, is priceless!

This definitely isn't for everyone and there's a lot of BS that goes into it at times (especially finding good clients)

I'm 36 and hope to have a lucrative next 20-30 years doing this - I'm already 10+ deep, so I don't want to give up now!
 
D

Deleted member 134708

Guest
Here's what I say. Bail and bail yesterday. Get a Fortune 500 job.

Keep your license forever. Keep in touch with supervisor until he dies. Go visit him once a month to catch up and talk appraisals/industry. Do this for 15 years.

Retire from Fortune 500 wealthy, put appraisal license to work making $30k a year part time retired.

Question to me: why not do full time for $60k?

Answer: it's not linear like that.
 
D

Deleted member 134708

Guest
I'm already 10+ deep, so I don't want to give up now!

We are pretty much synced up. Age, life status, years in etc. I highly respect you. You're a good Dad and Man.

In behavioral science that's called "sunk cost fallacy" more of just an FYI.

Don't feel bad. This isn't a BNM deficiency. It's a human deficiency. All humans succumb.
 
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devin

Junior Member
Joined
Sep 17, 2013
Professional Status
General Public
State
California
For me, Yes, i'll continue appraising as a career. I enjoy it. No I don't make the Fortune 500 figures Nottrav mentions, but I'm happy with my income. I'm especially most happy with the fact that I get paid to do what I want to do and, with this job, have the flexibility I have. That, many times, is priceless!

This definitely isn't for everyone and there's a lot of BS that goes into it at times (especially finding good clients)

I'm 36 and hope to have a lucrative next 20-30 years doing this - I'm already 10+ deep, so I don't want to give up now!

Thanks, love your energy, your my motivation to keep pushing, it's just been tough establishing clients, meanwhile taking AMC work, and you know how it can be. I really want to get to the point where I can say. Screenshot_2017-09-19-17-50-34.png Screenshot_2017-09-19-17-49-24.png
 

devin

Junior Member
Joined
Sep 17, 2013
Professional Status
General Public
State
California
Here's what I say. Bail and bail yesterday. Get a Fortune 500 job.

Keep your license forever. Keep in touch with supervisor until he dies. Go visit him once a month to catch up and talk appraisals/industry. Do this for 15 years.

Retire from Fortune 500 wealthy, put appraisal license to work making $30k a year part time retired.

Question to me: why not do full time for $60k?

Answer: it's not linear like that.

That's actually what I'm doing know, I work for a fortune 500 company now, and appraise partime, but I desire to do it fulltime, but it's a matter of establishing good client base,. When I compare the work load I have at the fortune 500 company and compensation per week vs appraising workload and compensation per week, I like appraising a lot better, it's just from my experience, I can speak for everyone, I like the flexibility , but I know it has its times as well, but overall Appraising is fun , I love it.
 
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