Each state has it's own requirements. There is a lot of continuing education involved, and you have to apprentice under someone as a residential trainee and they oversee you, so you have to find someone to work under. It's not easy, and the test is brutal.
I never said that they should work for $100.00 like us, what I did say is that their income increased throughout the years unlike ours who decreased. Many, here anyway, will secure a CC just incase the deal falls through, they charge the buyer to get paid. I do not think that is right, because the bank is the one who hires them, but they do it anyway.
Appraisers are not making less in 2019 than they were in 2009 unlike many of us. They also have to work under someone who takes a portion of the pie, just as a realtor, so yes, they deserve more, and yes, they do raise their prices accordingly over the years. It takes many, many years to be on your own and get your clients, just like us, and keep up your training and state's testing. I am not syaing they make too much money, they deserve it, and they get it. You will never see in that business someone undercutting the fee from company to company, they are all pretty much the same fees, and their market is not flooded. It's very hard.
If you LOVE math, being an appraiser may be your thing. I did it, I passed but hated it. I had an aquaintence in south FL making about $100K a year, so the money is there, but it also takes a lot of time and knowledge. The money got me trying it, but you also have to like what you do.
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| Messages in this Thread |
|  I've been thinking about the state of our business a lot -  MW/VA on 10/16/19 10:47am |
|  Re: I've been thinking about the state of our business a lot - SteveS/CA on 10/16/19 11:13am |
|  Re: Efficiency definitely in eye of the beholder. - NVLSlady/VA on 10/16/19 12:22pm |
| I agree. - JanetK_CA on 10/16/19 1:44pm |
| Re: I - Luckydog on 10/16/19 11:24am |
| I don't know, LD - Linda_H/FL on 10/16/19 11:37am |
|  Re: I don - Luckydog on 10/16/19 12:10pm |
| I agree Linda. I'm aware that appraisers, abstractors, etc. - MW/VA on 10/16/19 12:43pm |
|  Re: I agree Linda. I - Nicholas Kontgas on 10/16/19 12:47pm |
 |  Re: I agree Linda. I - Luckydog on 10/16/19 1:26pm |
| Being an appraiser or abstractor is a whole other ball - MW/VA on 10/16/19 3:37pm |
| Residential appraisers like us going way of dinosaurs - BobbiCT on 10/17/19 6:33am |
| Re: Residential appraisers like us going way of dinosaurs - Luckydog on 10/17/19 11:51am |
| Re: Residential appraisers like us going way of dinosaurs - JanetK_CA on 10/17/19 4:42pm |
| Re: I - SteveS/CA on 10/16/19 1:12pm |
| Yes, it's being forced on us. Our local grocery stores now - MW/VA on 10/16/19 3:39pm |
| Re: Yes, it - NVLSlady/VA on 10/16/19 4:16pm |
| Re: Yes, it - Nicholas Kontgas on 10/16/19 4:35pm |
| I prefer to wait in line & help keep a person employed. ;>) n/m - JanetK_CA on 10/16/19 7:54pm |
| Re: Yes, it -- Disagree MW/VA - Yoli/CA on 10/17/19 11:44am |
| Re: Yes, it -- Disagree MW/VA - Luckydog on 10/17/19 1:47pm |
|  Markets & notaries - VT_Syrup on 10/17/19 3:14pm |
|  Re: Markets & notaries - and networking... - JanetK_CA on 10/17/19 4:17pm |
| Clearly, SD all but flattened our business - Cheryl Elliott on 10/18/19 7:55am |
| Re: Clearly, SD all but flattened our business - Nicholas Kontgas on 10/18/19 9:59pm |
| We're open to suggestions! n/m - Cheryl Elliott on 10/19/19 8:55am |
| Re: Clearly, SD all but flattened our business - Luckydog on 10/19/19 10:00am |
| Network with your competition & agree to all decline - Lee/AR on 10/19/19 10:31am |
| Re: Low-fee signing agents - John/CT on 10/19/19 9:04pm |
| Re: Low-fee signing agents - Cheryl Elliott on 10/20/19 8:40am |
| Re: Low-fee signing agents - Luckydog on 10/20/19 9:33am |
| That's like herding cats, lol n/m - Luckydog on 10/20/19 9:28am |
| I'm in complete agreement Cheryl! n/m - MW/VA on 10/19/19 1:37pm |
| After a hectic week and no shortage of well-paying - Cheryl Elliott on 10/20/19 11:12am |
