Is Real Estate Appraisal A Dying Career Reddit He describes it as feast or famine Not sure he would recommend it to someone just starting their career Appraisers won t go away altogether but they re being cut out of more and more
This ignores that the average age for a new appraiser is nearly 40 years old with most appraisers getting into the business as a second career Finally the argument that they can t find an Once a cornerstone of real estate transactions the appraisal industry is now facing an existential crisis A closer look reveals a troubling disparity between the compensation
Is Real Estate Appraisal A Dying Career Reddit
Is Real Estate Appraisal A Dying Career Reddit
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Excerpts Some people want to bring more people primarily of color which is great into a dying profession But the profession is being killed off by mostly white people who I have moved to predominantly private work and doing more real estate sales and am enjoying appraising again The AMC s and Fannie have destroyed our beloved profession
If you re already in real estate research appraisal will be largely redundant for transferrable skills The appraisal experience may allow you to sell yourself better if you Real estate appraisal has been a niche profession primarily full of loosely associated lone wolf types working from home and mostly invisible Today we are firmly in the crosshairs of government policy scorn from the mortgage
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Very few appraisers are entering the profession In Illinois the drop in real estate appraiser trainee applications went from 1 231 in 2005 to only 55 in 2015 That s an over 95 percent decline This drastic reduction in new entrants is being So should you become a real estate appraiser It really depends on if you like inspecting on properties conducting research analyzing data driving around and what would you want to
I believe that the appraisal profession is dying and that AVMs and data collection firms will soon take the majority of appraiser jobs I know that there is a need for analysis that Being a real estate agent can be worth it but it depends on factors like your local market skills and personal goals Pros Income Potential You can earn well through
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He describes it as feast or famine Not sure he would recommend it to someone just starting their career Appraisers won t go away altogether but they re being cut out of more and more
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This ignores that the average age for a new appraiser is nearly 40 years old with most appraisers getting into the business as a second career Finally the argument that they can t find an
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Is Real Estate Appraisal A Dying Career Reddit - It s not famine if you re aggressive with getting work and changing the type of work you do people still die and their families need estate appraisals foreclosures and relocation
