Comments on: Hot Career as Real Estate Appraiser Expected to Sizzle in Future http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/ Education Blog Thu, 17 May 2012 01:04:10 +0000 http://wordpress.org/?v=2.5 By: Retired Appraiser http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-131281 Retired Appraiser Thu, 29 Dec 2011 23:54:36 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-131281 If you are an active appraiser (and I cannot imagine why anyone would be at this point) visit www.BankRape.com This is one of the only groups standing up for appraiser's rights and fair fees. Personally I would not recommend the residential appraisal profession to my worst enemy until appraisers organize and win the fight for FAIR FEES & reduced work load. If you are an active appraiser (and I cannot imagine why anyone would be at this point) visit http://www.BankRape.com This is one of the only groups standing up for appraiser’s rights and fair fees.

Personally I would not recommend the residential appraisal profession to my worst enemy until appraisers organize and win the fight for FAIR FEES & reduced work load.

]]> By: JOAN HUHN http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-109041 JOAN HUHN Wed, 12 Oct 2011 19:36:13 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-109041 THIS IS A DISGRACE WHAT THEY HAVE DONE TO OUR BUSINESS. I HAVE NO IDEA WHY WE PUT UP WITH THIS. WE ARE TREATED LIKE WE ARE LOWER THAN TRASH. "WE HAVE TO HAVE THIS APPRAISAL REGARDLESS BY 9;20 am OR IT WILL BE REASSIGNED. DOESN'T MATTER IF ITS A SUNDAY OR CHRISTMAS OR IF WE HAVEN'T GOT THE PROPER INFORMATION. WE ARE TREATED LIKE SLAVES. I AM GETTING OUT OF IT AS SOON AS I CAN AND SO IS EVERYONE ELSE THAT I KNOW. MOST OF THESE MANAGEMENT COMPANIES KNOW NOTHING AT ALL AND THEY ARE TAKING 1/2 OUR MONEY WITHOUT BEING QUALIFIED OR GIVEN RESTRICTIONS AT LEAST THEY ARE HAVING DEMONSTRATIONS ALL OVER THE COUNTRY ABOUT HOW WE ARE BEING RIPPED OFF. HOPE BANKS ARE INCLUDED IN THIS. MORE JOBS DOWN THE TUBES. OURS!!!!! THIS IS A DISGRACE WHAT THEY HAVE DONE TO OUR BUSINESS. I HAVE NO IDEA WHY WE PUT UP WITH THIS. WE ARE TREATED LIKE WE ARE LOWER THAN TRASH. “WE HAVE TO HAVE THIS APPRAISAL REGARDLESS BY 9;20 am OR IT WILL BE REASSIGNED. DOESN’T MATTER IF ITS A SUNDAY OR CHRISTMAS OR IF
WE HAVEN’T GOT THE PROPER INFORMATION. WE ARE TREATED LIKE SLAVES. I AM GETTING OUT OF IT AS SOON AS I CAN AND SO IS EVERYONE ELSE THAT I KNOW. MOST OF THESE MANAGEMENT COMPANIES KNOW NOTHING AT ALL AND THEY ARE TAKING 1/2 OUR MONEY WITHOUT BEING QUALIFIED OR GIVEN RESTRICTIONS
AT LEAST THEY ARE HAVING DEMONSTRATIONS ALL OVER THE COUNTRY ABOUT HOW WE ARE BEING RIPPED OFF. HOPE BANKS ARE INCLUDED IN THIS. MORE JOBS DOWN THE TUBES. OURS!!!!!

]]> By: locoappraiser http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-89701 locoappraiser Thu, 14 Apr 2011 23:15:47 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-89701 Even though HVCC has been repealed, the damage has been done. You bet the Appraisal 'Profession' is dying---because AMCs have taken over and have too much power to tell us not only how to do our job, but they also are stating that THEY will decide how much we can charge! Without a Certified designation, that used to only be necessary if you were working in a market with $1,000,000+ homes, you will be dropped from most AMC lists. As a Licensed Appraiser for 16 years with a VERY successful business, overnight I lost more than 50% of my clients because I am not Certified. And now I need a college degree to get Certified---Licensed Appraisers working for decades were NOT grandfathered into this new 'requirement'! Makes no sense to me. I went from making over $150,000 a year to getting collection calls every single day because my AMCs pay me on 90 day schedules. My bills are due every month! They want more paperwork, fresh photos every single report, more licensing, etc. etc.----effecively putting me out of business. Job loss----it's more like job DECIMATION!!! I used to love my job. Now I hate it with a passion---all because some power hungry bureaucrats made up some new rules that sounded good to them. Even though HVCC has been repealed, the damage has been done. You bet the Appraisal ‘Profession’ is dying—because AMCs have taken over and have too much power to tell us not only how to do our job, but they also are stating that THEY will decide how much we can charge! Without a Certified designation, that used to only be necessary if you were working in a market with $1,000,000+ homes, you will be dropped from most AMC lists. As a Licensed Appraiser for 16 years with a VERY successful business, overnight I lost more than 50% of my clients because I am not Certified. And now I need a college degree to get Certified—Licensed Appraisers working for decades were NOT grandfathered into this new ‘requirement’! Makes no sense to me. I went from making over $150,000 a year to getting collection calls every single day because my AMCs pay me on 90 day schedules. My bills are due every month! They want more paperwork, fresh photos every single report, more licensing, etc. etc.—-effecively putting me out of business.

Job loss—-it’s more like job DECIMATION!!! I used to love my job. Now I hate it with a passion—all because some power hungry bureaucrats made up some new rules that sounded good to them.

]]> By: vida http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-88321 vida Sat, 26 Mar 2011 22:49:44 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-88321 As most of us know, a great deal has happened since 2008, when this article was written. The U.S. economy fell into a 2-year recession; and economic recovery is still in motion today, with job growth slowly improving. Almost every industry suffered significant job loss during the recession, especially the housing industry. As the economy recovers, employers have their pick of highly qualified candidates for each job. Those applicants who offer newly-updated skills, additional certification and/or higher education degrees have an advantage. Demand for excellent appraisers will rise as home sales increase; but those who want to work in this field should prepare for steep competition. Others may decide to invest their education dollars in a profession that has shown greater stability over time, like health care. As most of us know, a great deal has happened since 2008, when this article was written. The U.S. economy fell into a 2-year recession; and economic recovery is still in motion today, with job growth slowly improving.

Almost every industry suffered significant job loss during the recession, especially the housing industry. As the economy recovers, employers have their pick of highly qualified candidates for each job. Those applicants who offer newly-updated skills, additional certification and/or higher education degrees have an advantage. Demand for excellent appraisers will rise as home sales increase; but those who want to work in this field should prepare for steep competition. Others may decide to invest their education dollars in a profession that has shown greater stability over time, like health care.

]]> By: susan http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-87951 susan Tue, 22 Mar 2011 02:36:22 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-87951 I have been appraising for over 20 years and this is a very inaccurate & misleading article. The appraiser profession is dying. It also takes MUCH more than that to get into the business.... I have been appraising for over 20 years and this is a very inaccurate & misleading article. The appraiser profession is dying. It also takes MUCH more than that to get into the business….

]]> By: nick http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-20471 nick Thu, 30 Sep 2010 14:54:46 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-20471 I've been practicing appraisal for a couple years. The local counties that I perform business in have shown a much more stable market and decrease in REO transactions over the past 6 months. The number of appraisers has also dropped at about 1% every month over the past 2.5 years, in my location. What has realy pushed the increase in business recently is the decrease in intrest rates. All in all, i think the complexity and amount of work required in order to complet an appraisal has definitely increased and the number of appraisers has decreased. Eventually we will see a high demand for appraisers because, education requirments has increased, the average age of qualified appraisers is high, and people actually needs a head on their shoulders to complete an appraisal now. Time will tell. I’ve been practicing appraisal for a couple years. The local counties that I perform business in have shown a much more stable market and decrease in REO transactions over the past 6 months. The number of appraisers has also dropped at about 1% every month over the past 2.5 years, in my location. What has realy pushed the increase in business recently is the decrease in intrest rates. All in all, i think the complexity and amount of work required in order to complet an appraisal has definitely increased and the number of appraisers has decreased. Eventually we will see a high demand for appraisers because, education requirments has increased, the average age of qualified appraisers is high, and people actually needs a head on their shoulders to complete an appraisal now. Time will tell.

]]> By: Appraisal Service Center http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-18791 Appraisal Service Center Tue, 14 Sep 2010 15:21:07 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-18791 The next 12 to 18 months will be a make or break test for most independent fee appraisers. Most larger lenders have contracted with AMC's or large appraisal firms to review the majority of the preferred valuations of real estate these days which are BPO's being done by real estate agents. Sadly many good appraisers will be leaving this field. The need for appraisers will be limited to larger more complex valuations. Leaving the majority of residential appraising to AVM's and BPO's which are not as accurate but are much cheaper. For the lender this is an exceptable amount of risk increase in their lending model. The next 12 to 18 months will be a make or break test for most independent fee appraisers. Most larger lenders have contracted with AMC’s or large appraisal firms to review the majority of the preferred valuations of real estate these days which are BPO’s being done by real estate agents. Sadly many good appraisers will be leaving this field. The need for appraisers will be limited to larger more complex valuations. Leaving the majority of residential appraising to AVM’s and BPO’s which are not as accurate but are much cheaper. For the lender this is an exceptable amount of risk increase in their lending model.

]]> By: Retired Appraiser http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-16111 Retired Appraiser Tue, 24 Aug 2010 19:13:34 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-16111 Real Estate Appraisal careers are sizzling alright. It's so hot that everyone is leaving the business. 2/3 of the appraisers in our state have dropped their license over the past year because it's been transformed into a nonprofit business. With the advent of HVCC in 2009 appraisers were forced to surrender nearly all preexisting clients and hand over 50% of all future income to Appraisal Management Companies. It's a wide open field for anyone who is crazy enough to either work for free or pay someone for the opportunity of having a job. Real Estate Appraisal careers are sizzling alright. It’s so hot that everyone is leaving the business. 2/3 of the appraisers in our state have dropped their license over the past year because it’s been transformed into a nonprofit business. With the advent of HVCC in 2009 appraisers were forced to surrender nearly all preexisting clients and hand over 50% of all future income to Appraisal Management Companies.

It’s a wide open field for anyone who is crazy enough to either work for free or pay someone for the opportunity of having a job.

]]> By: Clarence Zweig http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-7331 Clarence Zweig Sun, 02 May 2010 18:11:27 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-7331 hi it is my first post on this website and at first I would like to thank you for the great information, which I were able to find in this and all previous posts , it really helped me very much. I will definitely put this website on my google reader ;) Also, I would like to ask - don't you mind if I will quate some information from your blog because I am writing articles for the Bukisa, Ezine and other articles directories (this is my part time job)? It would really help me with some of mine articles. Of course, I will mention your website title or URL (not all articles directories allows URL's , so I can't 100% promise that you will get a direct link to your website). hi it is my first post on this website and at first I would like to thank you for the great information, which I were able to find in this and all previous posts , it really helped me very much. I will definitely put this website on my google reader ;) Also, I would like to ask - don’t you mind if I will quate some information from your blog because I am writing articles for the Bukisa, Ezine and other articles directories (this is my part time job)? It would really help me with some of mine articles. Of course, I will mention your website title or URL (not all articles directories allows URL’s , so I can’t 100% promise that you will get a direct link to your website).

]]> By: Aaron http://blog.directoryofschools.com/online-school/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-1573 Aaron Tue, 09 Dec 2008 01:10:54 +0000 http://blog.directoryofschools.com/uncategorized/hot-career-as-a-real-estate-appraiser-is-expected-to-sizzle-in-future/#comment-1573 You make it sound so easy. Let me break it down further for the audience. 1-Two years as a trainee under the DIRECT supervision of a Certified (not licensed) Appraiser. 2-Of course as stated 150 hours of classroom experience. 3-Depending on your desired license level, you may need a degree. 4-Demand for appraisals is actually going down because of the housing slump and that means less Appraisers are willing to train people that will end up being their competition. So this makes is hard to get the experience hours needed on your signed experience log to turn into the state board. 5-The Bureau of Labor Statistics is way behind the curve. Wait until the 2009 numbers come out and you will see that this is the absolute worst time to get into real estate Appraising. Actually, there are numerous companies going out of business because business it is so slow right now. -Aaron http://www.sandiego-appraiser.com You make it sound so easy. Let me break it down further for the audience.

1-Two years as a trainee under the DIRECT supervision of a Certified (not licensed) Appraiser.

2-Of course as stated 150 hours of classroom experience.

3-Depending on your desired license level, you may need a degree.

4-Demand for appraisals is actually going down because of the housing slump and that means less Appraisers are willing to train people that will end up being their competition. So this makes is hard to get the experience hours needed on your signed experience log to turn into the state board.

5-The Bureau of Labor Statistics is way behind the curve. Wait until the 2009 numbers come out and you will see that this is the absolute worst time to get into real estate Appraising. Actually, there are numerous companies going out of business because business it is so slow right now.

-Aaron
http://www.sandiego-appraiser.com

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