• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Workload

Status
Not open for further replies.

Birdman

Junior Member
Joined
Jan 20, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
Work in TN is finally slowing down. Re-Fis are finally slowing down too. How is everybodys workload now? I have only 2-3 days workload. Just in the last few months have been as far behind as 2 weeks.

Steve
 
Steve,
I was bummed out last week about how slow I was, but just since yesterday I've gotten in four new orders. A few other appraisers I know in the Denver area had a lull as well, but are seeing things pick up again. Someone suggested that most people are realizing that the interest rates are probably not going to drop again anytime soon and making the decision to go through with refi's instead of waiting. Another suggestion is that tax time is looming and it might get better after the middle of the month. We'll see.....
 
On Tuesday I was down to 1 appraisal (slowest I've been in years). So, I planned to take the day off which I did. I now have 12 appraisal on my desk. It just never fails. Will be burning the midnight oil tonight and working the weekend.
 
I've got five on my desk to write (what am I doing here?) and am booked through the 16th of this month. No slowdown here!
 
well there was the lull, garage got partially cleaned out..got Easter off.
then the REO's and foreclosures hit this week. BIGTIME! more than triple what we normally do.(one weeks work load is not a good indicator, but still...) Seems people are lining up to buy the REOs
Rates dropped a bit with the unemployment #s on weds. who knows last chance for sub 7%?
Gas prices up could drive the urban values/demand up(if you believe in locational theories) and hurt rural values even more..
Another day off and Ill sit for the FHA exam..ugh
:(
days are longer now if it does get back to the craze we were at last summer/fall.
 
Just when I think it might let up a little, something happens.

I've quit judging the activity level by the daily or weekly volume. Sometimes the processors get behind and don't place the orders, then they get behind the ones they just placed and expedite the hell out of them.

So I judge the volume more on a couple of weeks or monthly average -- which of course, means I don't know what's going on until it's happened, right!

AH, BUT I keep very close track of the incoming checks! Now, that's the way to run a business, Monsieur.
 
Slow for the last two weeks. Twenty five orders in the last two days. A split between sales and refi's with a REO thrown in for something different. Yeehaa. As Larry pointed out, tracking the incoming checks is the way to measure the business. The good news, we're ahead from this time last year. The roller coaster has its ups and downs but overall it's still the best ride at the fair!

Wally
 
Numbers are down from the last quarter of 2001 of course but sales are up in our market as are new constructions. Each month of the first quarter was nice and even. It does feel good to be able to give some good turn-around to the good clients.

Of course there is still lots of snow on the ground in many areas so people are wanting their large acreage parcels appraised. I can't understand why they don't wait until fall and grouse season. Then I could give them a real inspection of the land (with my trusty 20 gauge of course).
 
How did Grouse season go for you this year? I went to the U.P. again this year, and the numbers were somewhat down. I was using a new gun and didn't shoot very well either, lol

Steve
 
Numbers still seemed good this year. We are in the top end of the up cycle I think. For years I never saw a road kill grouse. Now they cross or are along side of the road fairly often. Flushed one right in back of a house the other day. Think he was mooching of the bird feeder. Plus this has been a fairly mild winter and the carry over should be good for both grouse and turkeys.

I was so busy the last third of 2001 that I only had a chance to get out a few times. Tried to get back into bowhunting but that was limited also. This year will be different. That's a promise! I don't live up here just to work.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top