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What asset class?
How many YOE?
Why do you hate it? Is it just a lot of busy work?
AI is the fture
Have you ever done an appraisal without knowing the contract price beforehand?
Most appraisals are not done for something that is under contract
Do you work a million hours? I know of a few appraisers in TX that make bank but work 60+ easily every week.
I went to business school to get out of appraisal after doing it for 8 years. I don’t know if that was the optimal strategy, but we’ll see how the next few months go.
How many YOE? Moving to the Bank side was a huge improvement in my life. Don't get me wrong, still frustrating, but a steady paycheck and actual PTO are significant improvements.
Actual PTO really does start to sound nice after grinding on the production side.
My boss took about 3 days of paternity leave when I was in appraisal…
Your boss is a pussy.
Honestly how corporate-whipped do you have to be to only take 3 days after the birth of your child? Fucking hilarious.
I worked for a national CRE appraiser. I only made minimum wage plus health insurance benefits.
5th year (almost 2 years at current firm). Just got CG certification Q3 2023. I work only on office assets nationally. I'd say 60-70 hours a week. work weekends too. Overall I just find it pretty boring and I'm not much of a report writer.
5th year (almost 2 years at current firm). Just got CG certification Q3 2023. I work only on office assets nationally. I'd say 60-70 hours a week. work weekends too. Overall I just find it pretty boring and I'm not much of a report writer.
Our team specifically doesn't really do bank work. More institutional focused appraisal work for portfolio monitoring. It's pretty consistent. I'd say $175k on a slow year and around $225k ceiling
I hear many appraisers are super busy since they typically only charge $5-$10k per appraisal and need to generate significant volume. Hear they often piss at their desk to save time - sounds like a brutal lifestyle
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