How do you add value? If you have connections to lenders its a big +. Sometimes the older appraisers are not as tech savvy and that can be a selling point.
Does anybody have advice on where to apply for an internship right now? I can't find anything or anyone hiring trainees and have all the classes done, as well as 500 hours of experience but nobody is interested... I don't get it...
I'm not hiring, but I've never had someone call me asking for a mentor either. The changes made by regulators and many appraisal management companies don't want to see a trainee helping out. So its tough for us.
interest rates and inflation have, sorry for the terminology but, fucked those of us who are just starting. two guys I know have maybe one or two gigs a week and do not want to have to slow down to show me how to inspect or write up - luckily I know how to inspect so I can shadow just to build confidence but yeah, it's really bad right now. I have a family friend who's on the listing side of things and has had to dig deep into savings just to keep bills paid. It's not you, it's bad right now. I took up a cabinetry apprenticeship to keep money coming in which helps me learn more of the ins and outs of remodels and how I might comp that when the market picks back up. Stay dedicated to this because it will turn around.
@@dbb1064 In what capacity do AMCs not want to see the sig of 'so and so assisted on X Y or Z' per report? It's starting to seem like they want to kill the industry going forward sometimes!
I am in a real estate program and am an African American woman. I want to become a part of this program. How do I become a part of the program. I understand it is through Appraisal institute but I wish to be a part of ADI.
Hello when I spoke to them. It was explained that it’s for someone that has not started the appraisal journey. I have my trainee license, so I could not get help. Hope this info helps.
@@josephvital Hi and thank you EA. I applied for the scholarship and was not accepted. It's okay; that essay I wrote was mediocre at best. I'll look at other professions once I complete re license this spring
@@BlackCultur3 I really appreciate your post my brother. I was selected as one of the ADI winners and I’m about to start my journey. Your words will stick with me
I’m not an expert but My thought is ask your real estate contacts if they know of one they can connect you to . Ask homeowners you may know as well . 🌺 I randomly met one which is what piqued my interest ..
Practice your ass off measuring and detailing what you see on your own house and bring that to a mentor. They are spending time training you, you have to bring something to the table. Offer to do the data entry on the URAR for them, offer to shadow them on an inspection and compare sq.ft., later so they are confident sending you out to inspect and run comps while they can deal with a report. Offer to work for free (it's what I'm doing, only have ONE mentor right now and averaging ONE inspection every few weeks but hey, it's experience and hours), until you're trained up enough you can go out on your own jobs, write up your own reports and collect 20% of the fee.
@@MrHartApartwow is it that hard to find a mentor/trainer to get the hours. I’m considering this career path but a bit apprehensive to pay for all the courses if I can’t get trained
I would say it's more about pounding pavement. Many certifieds won't want a trainee since it could easily slow them down hence the call a lot of them. It would be good to know how to do a field inspection right out of the gate however; makes a certified happy to take you on since that can increase his/her workload.@@mcarroll78
@@thenow5559 yikes. I am in school for real estate and appraisal is my plan but your comment is definitely something to look into with the appraisers in my area
@@Gavinmharris6.2 hella 🧢, that comment is to discourage you to become a representative in a field that is extremely scarce. Trainees on average get paid 50k in a metropolitan city/area. This guy must be living in the boonies and does not take his career seriously.
@@determinedsj don’t listen to him/her. Depending on your area you can earn more than lawyers. That is why they implemented preventive measures to make it a lot more difficult for aspiring appraisers. This person said they have been an appraiser for 20+ years, meaning that he or she didn’t have these extremely difficult barriers to hurdle to be able to bask in this field. He got it the easy way, don’t quit. Have your own experience!
Wow! Thank you so much for this great interview because I’m a minority and going for certified general appraisal professional
Thanks for this informative interview. Keep going Marcus!!
This video was very informative and helpful.
Marcus' story is incredible too
Great, solid, info!! Really appreciate it. Just starting on this journey, and I learned some great insight from this conversation. Tu!!
How can I get my appraisal trainee experience do you know anyone who takes in trainees
How do I get mentorship - 1000 or 3000 hours under a seasoned appraiser - why would they want to work with me ? Where do I find them ?
How do you add value? If you have connections to lenders its a big +. Sometimes the older appraisers are not as tech savvy and that can be a selling point.
Does anybody have advice on where to apply for an internship right now? I can't find anything or anyone hiring trainees and have all the classes done, as well as 500 hours of experience but nobody is interested... I don't get it...
everyone i call says they are not hiring its so awkward
With this current economy I can't imagine any appraisal offices or firms hiring. Also, this is a shrinking industry.
I'm not hiring, but I've never had someone call me asking for a mentor either. The changes made by regulators and many appraisal management companies don't want to see a trainee helping out. So its tough for us.
interest rates and inflation have, sorry for the terminology but, fucked those of us who are just starting. two guys I know have maybe one or two gigs a week and do not want to have to slow down to show me how to inspect or write up - luckily I know how to inspect so I can shadow just to build confidence but yeah, it's really bad right now. I have a family friend who's on the listing side of things and has had to dig deep into savings just to keep bills paid.
It's not you, it's bad right now. I took up a cabinetry apprenticeship to keep money coming in which helps me learn more of the ins and outs of remodels and how I might comp that when the market picks back up.
Stay dedicated to this because it will turn around.
@@dbb1064 In what capacity do AMCs not want to see the sig of 'so and so assisted on X Y or Z' per report? It's starting to seem like they want to kill the industry going forward sometimes!
I am in a real estate program and am an African American woman. I want to become a part of this program. How do I become a part of the program. I understand it is through Appraisal institute but I wish to be a part of ADI.
Hello when I spoke to them. It was explained that it’s for someone that has not started the appraisal journey. I have my trainee license, so I could not get help. Hope this info helps.
@@josephvital Hi and thank you EA. I applied for the scholarship and was not accepted. It's okay; that essay I wrote was mediocre at best. I'll look at other professions once I complete re license this spring
@@josephvital I haven't started the journey yet, is there someone I need to reach out to? How do I get started? Any help would be much appreciated :)
@@BlackCultur3 I really appreciate your post my brother. I was selected as one of the ADI winners and I’m about to start my journey. Your words will stick with me
@@christopherreed45 Hi Christopher, I'm interested in becoming an appraiser. How is your experience going so far?
How much does real estate appraisers make
This video passes over the HUGE barrier to entry too quickly. HELP US FIND A MENTOR?!?!?!? We all have the education...
I’m not an expert but My thought is ask your real estate contacts if they know of one they can connect you to . Ask homeowners you may know as well . 🌺 I randomly met one which is what piqued my interest ..
Practice your ass off measuring and detailing what you see on your own house and bring that to a mentor. They are spending time training you, you have to bring something to the table. Offer to do the data entry on the URAR for them, offer to shadow them on an inspection and compare sq.ft., later so they are confident sending you out to inspect and run comps while they can deal with a report.
Offer to work for free (it's what I'm doing, only have ONE mentor right now and averaging ONE inspection every few weeks but hey, it's experience and hours), until you're trained up enough you can go out on your own jobs, write up your own reports and collect 20% of the fee.
@@MrHartApartwow is it that hard to find a mentor/trainer to get the hours. I’m considering this career path but a bit apprehensive to pay for all the courses if I can’t get trained
I would say it's more about pounding pavement. Many certifieds won't want a trainee since it could easily slow them down hence the call a lot of them. It would be good to know how to do a field inspection right out of the gate however; makes a certified happy to take you on since that can increase his/her workload.@@mcarroll78
thought akademics became an appraiser when i saw the thumbnail lol
So, does a person have to be a "minority" to enter this profession now? Just curious.
To do it the easy way.
no. ADI is a program for minorities.
I've heard appraisers will be obsolete in the future....is this true.? Wondering if I should get into the business
@@thenow5559 yikes. I am in school for real estate and appraisal is my plan but your comment is definitely something to look into with the appraisers in my area
@@thenow5559 🧢
@@Gavinmharris6.2 hella 🧢, that comment is to discourage you to become a representative in a field that is extremely scarce. Trainees on average get paid 50k in a metropolitan city/area. This guy must be living in the boonies and does not take his career seriously.
@@determinedsj don’t listen to him/her. Depending on your area you can earn more than lawyers. That is why they implemented preventive measures to make it a lot more difficult for aspiring appraisers. This person said they have been an appraiser for 20+ years, meaning that he or she didn’t have these extremely difficult barriers to hurdle to be able to bask in this field. He got it the easy way, don’t quit. Have your own experience!
@@BlackCultur3 😂😂 I’m following this career path for sure because of your comment bro