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

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Appraisal certainly isn't for everyone. If you're passionate about this and you love the analytics, the research, the development and communication, why not? If you dislike it, get out. If it's just a question of whether you can make a go of it, but that you like it, keep trying. Keep improving, keep striving to be the best you can be. There are always ebbs and floes in this business.

Good luck. This is only a decision you can make
 
Michigander said:
Appraisal certainly isn't for everyone. If you're passionate about this and you love the analytics, the research, the development and communication, why not? If you dislike it, get out. If it's just a question of whether you can make a go of it, but that you like it, keep trying. Keep improving, keep striving to be the best you can be. There are always ebbs and floes in this business.

Good luck. This is only a decision you can make
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Thanks , I enjoy the work, I like to research , that's the interesting part to me, it's just a matter of growing my business, gaining more clients, marketing, it's work, but I feel its well worth it for me, but I can't speak for everyone. My mentor is quite established, but it took time, he had to gain knowledge and market to different appraisal markets, like now he does a lot of forensic appraisale work, as well as , other avenues of clients he has, so I know the work is out here, it's just a matter of going to get it, It's not going to fall in to my lap.
 
devin said:
Thanks , I enjoy the work, I like to research , that's the interesting part to me, it's just a matter of growing my business, gaining more clients, marketing, it's work, but I feel its well worth it for me, but I can't speak for everyone. My mentor is quite established, but it took time, he had to gain knowledge and market to different appraisal markets, like now he does a lot of forensic appraisale work, as well as , other avenues of clients he has, so I know the work is out here, it's just a matter of going to get it, It's not going to fall in to my lap.
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I don't know how long you have been appraising, or what your experience level or certification level ls but marketing takes time and effort. It certainly doesn't happen overnight. Find a niche that you can work and perfect your skills in it. Your mentor does forensic work, that is a niche market. What is it that you find most fascinating within the appraisal arena? Take your fascination and expand on it.

But you asked if you should stay in appraisal, and it sounds like you answered your own question and identified that you just need to do some marketing.
 
Michigander said:
Appraisal certainly isn't for everyone. If you're passionate about this and you love the analytics, the research, the development and communication, why not? If you dislike it, get out. If it's just a question of whether you can make a go of it, but that you like it, keep trying. Keep improving, keep striving to be the best you can be. There are always ebbs and floes in this business.

Good luck. This is only a decision you can make
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Yep, thanks for the input, My main concern was , mainly because all of the talk about the profession being fazed out, with all the technology, avm, etc, .
 
Joe Flacco said:
Somebody would have to pay me a lot to get me commuting to a fortune 500 company office every day. A LOT.
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Exactly, it's the very reason I'm in transition to appraising full time, no matter how much marketing I have to do, it's worth it.
 
So strange to me that some people think all or even most employees at fortune 500 companies are PAID and will retire wealthy. That said, it helps a lot to have either cash in the bank or have a spouse with decent income and benefits. Semi-retired falls in this category. Really need to be financially stable to run your operation the way you see fit.
 
Joe Flacco said:
Somebody would have to pay me a lot to get me commuting to a fortune 500 company office every day.
Click to expand...
Joe Flacco said:
So strange to me that some people think all or even most employees at fortune 500 companies are PAID and will retire wealthy. That said, it helps a lot to have either cash in the bank or have a spouse with decent income and benefits. Semi-retired falls in this category. Really need to be financially stable to run your operation the way you see fit.
Click to expand...

Yep
 
Here's a cheerful story. A realtor commented on my antique clipboard the other day. It is very old and quite worn. I told her i bought it at a yard sale for 50 cents when i was thinking about becoming an appraiser in 2000. Then i told her i had a party for it when i earned my first million. She about fell on the floor. I said 'well it's been 17 years'. (i didn't tell her how long ago we had that party...)
Anyway, i agree the future of appraising will face challenges. But that has been true since i arrived here. And the key to any successful endeavor is to find something you love and do it with passion. I've had a number of downturns over the years but have also recovered from each by finding new and better clients and continuing to provide superior customer service and performance. I came from a fortune 500 job and don't want to do that ever again. and i am now old enough to go part time if i wish and still accept only the best work from the best clients.
But i think there is still an opportunity for good appraisers to provide excellent appraisals and resist the pressure of the AMC cost sacrifice. YMMV but i don't think it is a lost cause.
 
CindyR said:
Here's a cheerful story. A realtor commented on my antique clipboard the other day. It is very old and quite worn. I told her i bought it at a yard sale for 50 cents when i was thinking about becoming an appraiser in 2000. Then i told her i had a party for it when i earned my first million. She about fell on the floor. I said 'well it's been 17 years'. (i didn't tell her how long ago we had that party...)
Anyway, i agree the future of appraising will face challenges. But that has been true since i arrived here. And the key to any successful endeavor is to find something you love and do it with passion. I've had a number of downturns over the years but have also recovered from each by finding new and better clients and continuing to provide superior customer service and performance. I came from a fortune 500 job and don't want to do that ever again. and i am now old enough to go part time if i wish and still accept only the best work from the best clients.
But i think there is still an opportunity for good appraisers to provide excellent appraisals and resist the pressure of the AMC cost sacrifice. YMMV but i don't think it is a lost cause.
Click to expand...

But didn't you want to retire from the fortune 500 job WEALTHY? :rof:
 
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