Aside from the underwriters......the thing that irritates me is the overzealous neighbors who think they are in charge of deciding if you can photograph their home as a comparable. I carry two things now. Pepper spray and a gun.
I had this problem before when I used to get out of my car to get a good comp photo… now I just take the photo from my car window. Comp photos are ridiculously unnecessary 99% of the time anyway.
They all completely missed the boat. The most difficult part of appraising is dealing with the stupid underwriting stips and the agents/buyers/sellers who whine about value. Johnny Homeowner needs his doublewide to appraise for $100,000 so he can buy Christmas presents for the kids with the equity line he's applied for but everything in the trailer park has been selling for $60,000 to $70,000. Guess who gets yelled at when the appraisal is complete?
I always tell them “Hey, I’d love to get you that value. Tell you what, you get me the data that justifies it, and I will revise the entire report and get you the exact value you want” Not once have they even called me back.
I have a kit that stays in my car. I call it the appraiser inspection survical kit! I contains: knee high rubber boors, a charcoal filter respirator, gloves, orange "prison" coveralls, and the most important thing is a can of 50% deet flea and tick spray. I wont do an REO or vacant home without it. WAY too many times getting flea chowed! If there are pets or dogs, I flea spray every time!
I could be wrong but it seems like some of these people have never gotten their hands down and dirty. Some of these reasons are petty coming from a man who has worked under the hot baking sun, cold Northern weather, rain, indoors for many hours in a factory, past military etc,...I'd take this easy job anytime...and I just might.
The worst part of appraising is stepping in dog shit. Hint: The best place to wipe off the dog shit is the carpet near the bathroom. The bathroom often smells like shit. The best way to do this is what I like to call the "Dog Shit Pivot." Firmly place your weight on the shoe that has dog shit on it, then spin firmly on that shoe, grinding hard into the carpet. This will get the dog shit out of the grooves of your shoe, thus your car will not smell like dog shit. Repeat the "Dog Shit Pivot" in as many rooms as necessary. If you get some on the tops of your shoe, then hopefully they have stairs, the stair risers are good for getting the dog shit off the tops of your shoes. If you get a complaint, I never did, then tell the bank, in my case Wells Fargo, to explain to the customer that you don't get a paid vacation, thus you are not mentally stable to give a shit, about the shit the customer allowed you to step in and that you wiped on their carpet. Fuck that shit.
I did a house once that was later featured on the A&E show "Hoarders". I got crap on my shoes and had to drive away in my socks with the shoes in the back of my truck. Fleas have nibbled on me many times as well.
Addendum requests from AMC’s are the real downside. When you spend multiple hours completing a report and have to continue on the next assignment. The AMC sends a list of things they want addressed. When many of these things are already addressed or irrelevant.
Job security and steady income are the worst. I have made anywhere from $25k to $250K, Yes, $250k and paid $90k in taxes. I was fired from Rels Valuation after 16 years. 2 of the appraisals that they fired me over had values lower than the sales prices. And yes they were replaced with appraisals that hit those values. I got my Bachelors degree in Business with an emphasis in Real Estate in 1990. I have been a top producer at 2 different appraisal firms. One from 1991-1998 and then 1998-2014. There is no way in today's market that I could get anywhere near the $250,000 range again. And in 25 years I never got a paid vacation. My friends that are school teachers and police officers have had much better lives. They were getting married, buying houses, and having children when I was living with my parents and could not even rent an apartment in the 1990's recession. My friend that is a police officer did not graduate college. He makes over $100k and will retire with full pay and benefits at age 55. I can't even imagine that there is an appraisal compensation package that would even get me to consider to ever do this job again.
Someone should have appraised that microphone 🎤 before recording everyone. I still love you Mckissock . By the way where can we buy our mckissock swag? I want a coffee mug
Worst part is dealing with the bureaucracies that way over think appraising. There is no way to account for the emotional factor when buyers and sellers agree on price. Yet idiots sitting behind desks suggest there is a formula. Ridiculous. Dont even think of getting into this industry. Way too much liability. Excessive expenses. Appraisal institute and qualifications board are morons who love to listen to themselves talk. What else is new. Appraisers are dropping like flies. Cant say enough. Just warning anyone against even thinking about this thankless, unrewarding job.
I have a kit that stays in my car. I call it the appraiser inspection survical kit! I contains: knee high rubber boors, a charcoal filter respirator, gloves, orange "prison" coveralls, and the most important thing is a can of 50% deet flea and tick spray. I wont do an REO or vacant home without it. WAY too many times getting flea chowed! If there are pets or dogs, I flea spray every time!
Aside from the underwriters......the thing that irritates me is the overzealous neighbors who think they are in charge of deciding if you can photograph their home as a comparable. I carry two things now. Pepper spray and a gun.
Imagine dying because you were unhinged enough to attack a real estate appraiser just doing some comp work 😂
How embarrassing
I had this problem before when I used to get out of my car to get a good comp photo… now I just take the photo from my car window. Comp photos are ridiculously unnecessary 99% of the time anyway.
They all completely missed the boat. The most difficult part of appraising is dealing with the stupid underwriting stips and the agents/buyers/sellers who whine about value. Johnny Homeowner needs his doublewide to appraise for $100,000 so he can buy Christmas presents for the kids with the equity line he's applied for but everything in the trailer park has been selling for $60,000 to $70,000. Guess who gets yelled at when the appraisal is complete?
I always tell them “Hey, I’d love to get you that value. Tell you what, you get me the data that justifies it, and I will revise the entire report and get you the exact value you want”
Not once have they even called me back.
I have a kit that stays in my car. I call it the appraiser inspection survical kit! I contains: knee high rubber boors, a charcoal filter respirator, gloves, orange "prison" coveralls, and the most important thing is a can of 50% deet flea and tick spray. I wont do an REO or vacant home without it. WAY too many times getting flea chowed! If there are pets or dogs, I flea spray every time!
I could be wrong but it seems like some of these people have never gotten their hands down and dirty. Some of these reasons are petty coming from a man who has worked under the hot baking sun, cold Northern weather, rain, indoors for many hours in a factory, past military etc,...I'd take this easy job anytime...and I just might.
The worst part of appraising is stepping in dog shit. Hint: The best place to wipe off the dog shit is the carpet near the bathroom. The bathroom often smells like shit. The best way to do this is what I like to call the "Dog Shit Pivot." Firmly place your weight on the shoe that has dog shit on it, then spin firmly on that shoe, grinding hard into the carpet. This will get the dog shit out of the grooves of your shoe, thus your car will not smell like dog shit. Repeat the "Dog Shit Pivot" in as many rooms as necessary. If you get some on the tops of your shoe, then hopefully they have stairs, the stair risers are good for getting the dog shit off the tops of your shoes. If you get a complaint, I never did, then tell the bank, in my case Wells Fargo, to explain to the customer that you don't get a paid vacation, thus you are not mentally stable to give a shit, about the shit the customer allowed you to step in and that you wiped on their carpet. Fuck that shit.
Ya these reasons are ridiculous. I'm going to start studying to be one in Seattle.
I did a house once that was later featured on the A&E show "Hoarders". I got crap on my shoes and had to drive away in my socks with the shoes in the back of my truck. Fleas have nibbled on me many times as well.
Addendum requests from AMC’s are the real downside. When you spend multiple hours completing a report and have to continue on the next assignment. The AMC sends a list of things they want addressed. When many of these things are already addressed or irrelevant.
Job security and steady income are the worst. I have made anywhere from $25k to $250K, Yes, $250k and paid $90k in taxes.
I was fired from Rels Valuation after 16 years. 2 of the appraisals that they fired me over had values lower than the sales prices. And yes they were replaced with appraisals that hit those values.
I got my Bachelors degree in Business with an emphasis in Real Estate in 1990. I have been a top producer at 2 different appraisal firms. One from 1991-1998 and then 1998-2014.
There is no way in today's market that I could get anywhere near the $250,000 range again. And in 25 years I never got a paid vacation.
My friends that are school teachers and police officers have had much better lives. They were getting married, buying houses, and having children when I was living with my parents and could not even rent an apartment in the 1990's recession.
My friend that is a police officer did not graduate college. He makes over $100k and will retire with full pay and benefits at age 55.
I can't even imagine that there is an appraisal compensation package that would even get me to consider to ever do this job again.
Sounds like you made the company all the money and we’re just an employee. Ever thought of appraising for yourself?
Damm. Cant be a good career. The people in this video look drained, poor and sick healthwise.
Kinda funny that this video is driving a ton of traffic to my channel...thanks guys!
Someone should have appraised that microphone 🎤 before recording everyone. I still love you Mckissock .
By the way where can we buy our mckissock swag? I want a coffee mug
Need MORE volume!
how about dealing with dodgy mortgage brokers?
These sound like residential appraisers.
LOL -- It truly is. For every one down side, there are multiple up sides. But, of course, the "bad" days make for much funnier stories !!!
not as hard as law enforcement. ill get my license soon
Did you ever get it?
Another case of "I said I would but didn't 😥''
@@BernieSanders-bn5dk probably, i'm looking into the trainee license rn
@@deederdude27 no but I got it ama
@@barwar7707 im 10 months late... is it worth it?
Interesting job!
Good info!
LIGHTEN UP PEOPLE LIGHT HEARTED STORIES LOL
Look miserable
Worst part is dealing with the bureaucracies that way over think appraising. There is no way to account for the emotional factor when buyers and sellers agree on price. Yet idiots sitting behind desks suggest there is a formula. Ridiculous. Dont even think of getting into this industry. Way too much liability. Excessive expenses. Appraisal institute and qualifications board are morons who love to listen to themselves talk. What else is new. Appraisers are dropping like flies. Cant say enough. Just warning anyone against even thinking about this thankless, unrewarding job.
I was thinking about becoming an appraiser since the salary is so high, is it not worth the money?
I'm gonna become an apraisser your just mad you dont want youung people taking your jobs because you cant stamd to see others win
@@BernieSanders-bn5dk how’s it coming along?
@@erichristian11 I couldn't afford the degree, So had to drop out of Community College Online LMAO
I have a kit that stays in my car. I call it the appraiser inspection survical kit! I contains: knee high rubber boors, a charcoal filter respirator, gloves, orange "prison" coveralls, and the most important thing is a can of 50% deet flea and tick spray. I wont do an REO or vacant home without it. WAY too many times getting flea chowed! If there are pets or dogs, I flea spray every time!