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

[devin]

Sorry, I meant, I can't speak for everyone.

 

[bnmappraisal]

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.

I hear ya, Devin. It is hard and very frustrating! Been there, done that ... do that still MANY times a year

This forum has been a great help in my career, especially over the last few years. I was with a firm up through 2012 - the firm I started out with as a trainee. When I split off 1/1/2013 to start my own company, I left on great terms and still keep in contact with the owner to this day - no hard feelings by any means. But I was then 100% on my own. Thankfully I had a few decent clients and, at the time, my wife was really the breadwinner, so my $$$ was gravy. But this really is what I would like to do for my career and since opening up that "warm" Florida January day, it's what I still enjoy doing to this "hot" September day.

There is a lot of gloom n doom right now in our profession, and in some respects rightfully so. AMCs are still a pretty large chunk of our RES market (from your posts, I'm assuming you're mostly/all RES, but forgive me if I'm wrong). COMM definitely has the benefit of diversity in clients since they literally can appraise "anything" dealing with real estate. Personally, COMM just never really appealed to me. I think I'm definitely smart enough to be competent doing COMM work, but I just personally prefer RES. And I do think there will be a need/want for RES appraisers for my foreseeable career/future.

 

[devin]

Yeah?, I'm an A/R

I hear ya, Devin. It is hard and very frustrating! Been there, done that ... do that still MANY times a year

This forum has been a great help in my career, especially over the last few years. I was with a firm up through 2012 - the firm I started out with as a trainee. When I split off 1/1/2013 to start my own company, I left on great terms and still keep in contact with the owner to this day - no hard feelings by any means. But I was then 100% on my own. Thankfully I had a few decent clients and, at the time, my wife was really the breadwinner, so my $$$ was gravy. But this really is what I would like to do for my career and since opening up that "warm" Florida January day, it's what I still enjoy doing to this "hot" September day.

There is a lot of gloom n doom right now in our profession, and in some respects rightfully so. AMCs are still a pretty large chunk of our RES market (from your posts, I'm assuming you're mostly/all RES, but forgive me if I'm wrong). COMM definitely has the benefit of diversity in clients since they literally can appraise "anything" dealing with real estate. Personally, COMM just never really appealed to me. I think I'm definitely smart enough to be competent doing COMM work, but I just personally prefer RES. And I do think there will be a need/want for RES appraisers for my foreseeable career/future.

Yeah, I'm an A/R here in So Cal,
and I've never thought about upgrading to C/G til , recent with everyone fearing the end of Res. Appraisers, so know I'm like Idk.

 

[Deleted member 134708]

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.

Here's what I did and I'm Ca appraiser. Got canned from Ford Mo. Co. as during recession. Became appraiser during recession strategically. When everyone getting out, I'll get in.

But, but I made like $10,000 over like 3 years or so. As in $10k total. This was all planned. I had the capital to "invest" had S-ton stock I could always sell and savings. Had targets. Willing to spend say $60k to get into profession. This is during recession so mind that with cost of entry.

In my situation, I was only looking for lifetime of part time. 3 hoses dripping into 1 trough.

Hey, we all need money. Life doesn't work off good vibes. Just how reality on realities terms works.

If you have the funds to make this your full time gig, by all means. Go for it. Plan on $20k per year for 5 years of being certified. $20k per annum.

If don't have the resources and still want to appraise. Get those resources and by all means. Carry forward.

I have no desire to steer you away. I have the desire to see my fellow American prosper.

For most ppl that means get a real career, and appraise in retirement. This equals retiring 5-10 year early. That's huge.

But I highly, nah, viciously would steer you away from appraisals as a full time career if time and money is of the essence.

 

[jay trotta]

Get a real estate license, your in CA, every squirrel gets a nut once in a while, it may supplement the appraisal side; it's a great balance if you can do it.

 

[Deleted member 134708]

Here's the beauty about life on earth.

We don't have alien overloads. You make the rules. If you are worth your weight at your Fortune 500 job. You make the rules.

Tell boss man you're taking 15 day leave. Have this pre-planned and go appraise hard for 15 days.

This is your answer.

If you can't leave your job for 15 days without fear of being replaced. Then this is also an answer. You don't have enough value at your company and I would rectify that immediately.

This strategy will show your worth. Are you underpaid or over paid? Your boss' answer will quickly settle this query.

 

[Tim The Enchanter]

I have worked for small companies and big companies, maybe not F500, but more than big enough.
Flying solo is the best gig, I have no interest in going back to endless meetings and insubordination.

I have been hearing appraisal is a dying profession since 1992 when I started in the biz.
We may have been Uberized, especially on the res side.
But, we are not dead yet, we are getting better, I don't want to go on the cart, I am going for a walk!

If it comes down to me tending bar, I am getting you hammered! Not selling foo foo coffee.

 

[devin]

I have worked for small companies and big companies, maybe not F500, but more than big enough.
Flying solo is the best gig, I have no interest in going back to endless meetings and insubordination.

I have been hearing appraisal is a dying profession since 1992 when I started in the biz.
We may have been Uberized, especially on the res side.
But, we are not dead yet, we are getting better, I don't want to go on the cart, I am going for a walk!

If it comes down to me tending bar, I am getting you hammered! Not selling foo foo coffee.

Thanks good info I've been hearing that same thing about appraising to

Here's what I did and I'm Ca appraiser. Got canned from Ford Mo. Co. as during recession. Became appraiser during recession strategically. When everyone getting out, I'll get in.

But, but I made like $10,000 over like 3 years or so. As in $10k total. This was all planned. I had the capital to "invest" had S-ton stock I could always sell and savings. Had targets. Willing to spend say $60k to get into profession. This is during recession so mind that with cost of entry.

In my situation, I was only looking for lifetime of part time. 3 hoses dripping into 1 trough.

Hey, we all need money. Life doesn't work off good vibes. Just how reality on realities terms works.

If you have the funds to make this your full time gig, by all means. Go for it. Plan on $20k per year for 5 years of being certified. $20k per annum.

If don't have the resources and still want to appraise. Get those resources and by all means. Carry forward.

I have no desire to steer you away. I have the desire to see my fellow American prosper.

For most ppl that means get a real career, and appraise in retirement. This equals retiring 5-10 year early. That's huge.

But I highly, nah, viciously would steer you away from appraisals as a full time career if time and money is of the essence.

Here's what I did and I'm Ca appraiser. Got canned from Ford Mo. Co. as during recession. Became appraiser during recession strategically. When everyone getting out, I'll get in.

But, but I made like $10,000 over like 3 years or so. As in $10k total. This was all planned. I had the capital to "invest" had S-ton stock I could always sell and savings. Had targets. Willing to spend say $60k to get into profession. This is during recession so mind that with cost of entry.

In my situation, I was only looking for lifetime of part time. 3 hoses dripping into 1 trough.

Hey, we all need money. Life doesn't work off good vibes. Just how reality on realities terms works.

If you have the funds to make this your full time gig, by all means. Go for it. Plan on $20k per year for 5 years of being certified. $20k per annum.

If don't have the resources and still want to appraise. Get those resources and by all means. Carry forward.

I have no desire to steer you away. I have the desire to see my fellow American prosper.

For most ppl that means get a real career, and appraise in retirement. This equals retiring 5-10 year early. That's huge.

But I highly, nah, viciously would steer you away from appraisals as a full time career if time and money is of the essence.

So what did you make after the year number 5 annually

 

[devin]

My mentors telling me I need to Market more and clients will come with time

 

[Tim The Enchanter]

My mentors telling me I need to Market more and clients will come with time

Market to non lenders. Web site etc.
Many lenders are AMC Uber these days.