wow, you must have been busy, it took a year to respond to my post. 

They’er, they’er. 57 years, & finished with poor spelling

That’s what the spiel says, 45 in 4.5 days. I remember working 12 hr days 7 days a week now….sorry, I’m to old for that pressure, been there, done that, now I just want to pick and choose. If they want to pay my fee, fine, if not, let the trolls take it. I like my private work, tax appeals, divorces, estates, etc. Keep up the great column, love the comments. Stay warm & well.

Diana

for Diana N (below?)

45 jobs in 4.5 days? 36 hours if a workday is still 8 hours (Lol!)

That’s one every 48 minutes.

In my area nearly all appraisers are reporting a frightening prolonged slow season. Winter is traditionally slow, but most claim this time around they are not even seeing the expected modest upturn.

I talked to one that said he started doing $75.00 evaluations for use by credit unions (NCUA are you LISTENING???). We had the usual discussion about USPAP compliance and he says the preprinted forms have all the nifty required disclosures, extraordinary assumptions etc..

Now in 48 minutes I could probably ‘state’ all the required elements of an AVM or AAVM…but I certainly could not analyze or explain them in that time frame.

So back to your question Diana. If he is earning $5,634 that’s only 75.12 ‘appraisals” a month. He must be ‘slow’. Because if all I need is 48 minutes per report, even working only half a day I should still earn $375 per half day or $7,500 a month.

Tell you the truth though, IF I could earn that much in half a day I’d just bite the bullet and work 8 hours a day! Admittedly I’d have to give up eating or taking a bathroom break, but we all have to make sacrifices. Besides I could just blame spilled coffee for any visible consequences of my ‘dedication’. I mean come on people it’s $180,000 a year as an appraiser!

Why we’re talking Coester AMC VP’s kind of money now!

Lol! Yup.

I’VE BEEN INFORMED THAT A PERSON DOES NOT NEED TO BE LICENSED IN VA TO SELL HOMES FOR A BUILDER IN THE MODEL HOME. THIS IS BULL _ _ _ _. IF WE CAN NOT COUNT ON OTHER AGENTS IN THE PROFESSION TO LEND SUPPORT WHEN IT IS NEEDED AND CERTAIN APPRAISALS, WE’RE FIGHTING A LOSING BATTLE. IT IS A DAMN SHAME IT’S BEEN LIKE THIS FOR SO LONG.

I APPRECIATE YOUR RESPONSE. IT’S A ROTTEN SHAME THAT LICENSED AGENTS ARE NOT AT THE BRAND NEW SUBDIVISIONS IN THE MODEL HOME. I WAS BESIDE MYSELF WHEN I FOUND THAT OUT. I WAS TRULY AMAZED THAT THE KID THERE DIDN’T EVEN KNOW ABOUT COUNTY REC’S.  HE REFERENCED ZILLOW SEVERAL TIMES AND I JUST LAUGHED.

Chris it’s important to give credit where credit is due. The amc’s are so good at manipulating pay scales that many of their employees earn more than the appraisers they send orders to. Sometimes they’re salaried, hourly, and commission based. Just a little factoid for you.

I didn’t even ask how much his “course” is… 🙂

I RECEIVED THE SAME POST CARD. JUST CRAZY TO THINK SOMEONE IS WILLING TO DO THAT AND THEN TELL EVERYONE HOW MUCH HE IS MAKING. YOU KNOW THAT’S A LIE!!!!!!!

45 JOBS IN 4.5 DAYS, IMPOSSIBLE! I APPRAISED ANOTHER APPRAISER’S HOME SEVERAL MONTHS AGO. HE STATED THAT HE DID 50-52 APPRAISALS A MONTH. I DID THAT BACK WHEN I FIRST STARTED IN THIS PROFESSION. I WAS BEAT OUT BY ANOTHER APPRAISER IN MY OFFICE. ANYONE WHO IS DOING THAT MUCH WORK IS GETTING PEANUTS FOR PAY AND HAS TO DO THAT MANY APPRAISAL TO MAKE ANY MONEY. I GUESS WHEN EVERYTHING YOU HAVE IS AUTOMATED, EVERY STATEMENT IN THE APPRAISAL IS A CANNED-COMMENT, ONE MIGHT BE ABLE TO DO THIS. THAT’S JUST WRONG. IT WILL CATCH UP WITH HIM OR HER SOON ENOUGH. WHEN THIS PERSON GETS PULLED IN FRONT OF THE APPRAISAL BOARD AND IS ASKED TO SHOW SUPPORT FOR THE ADJUSTMENTS, I THINK HE OR SHE MIGHT REALIZE, O LORD WHAT HAVE I DONE.

James, I have been getting e-mails and cards from an appraisers who claims to be making an average of $5,634 a month for doing Desk Appraisals, he even send an audio. One appraiser claims to have done 45 jobs over 4.5 days. What’s up with this, I won’t print his name unless I’m asked to, don’t want to give him any publicity. What does everyone think of this ???

I WAS ALSO DUMBFOUNDED WHEN THE APPRAISER STATED THAT HE WAS MAKING A $150K A YEAR. THAT’S BULL! IF THIS FELLOW WANTS TO HAVE A LONG CAREER IN THIS PROFESSION, HE BETTER WALK A STRAIGHT LINE AND FOLLOW ALL OF USPAP GUIDELINES. THE ONLY WAY TO MAKE THAT MUCH IN A YEAR, THIS GUY HAS TO BE FULLY AUTOMATED, RUNNING APPRAISAL THROUGH THE MILL AND MAKING EVERY CONTRACT PRICE THAT IS PUT IN FRONT OF HIM. GOOD LUCK WITH THAT.

And they also sit around in a yacht, smoke high end cigars and laugh at us all day.

Mike, I honestly don’t know. There was a loose knit appraisal organization started in CT. it never seemed to get off the ground, so we here in CT have no one to speak in our behalf in Hartford regarding changes that will dramatically effect the way we do business. I also learned that when the appraisers around the country got bitten bad by ES Appraisal Services and Chase, myself included, the state of CT did nothing to help us out. Anyone doing mortgage work is at the mercy of AMCs and judging by the outcome of ES I guess they know they can get away with most anything.

All of you know that I am a bit of a loose cannon as far as comments concerning appraisal requirements and profession. I have  strong rooted opinions regarding this profession based on over 40+ years of playing the game. I really wish to be of benefit to our occupation. After 40 years I SEE someone wanting to COACH us….I really want to puke!  Really…If you want to spend your money for that crap go for it! I really have NO problem..spend your money over and over again…just your opinon….I would not do that but go for it it!

If he wants to charge you a fee  for him to have you coach yhrm…that sucks

Got it Diane & concur. Question remains (as with most things affecting our profession) is (1) CAN we change it; and (2) how to best go about doing it.

Mike, great job as always, but  read my reply to James.