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Dano

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Reply with quote  #1 

Does anyone know if any schools are giving the 21 semester hours as a package for appraisers or if anyone is offering these particular classes online. I live in the West Georgia area (Carroll County). Thanks for any advice anyone can give me on this.

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DLC

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Reply with quote  #2 

Georgia perimeter college offers online courses, however you do have to go to the college to take a final exam for a couple of the classes.

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Benjamin

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Reply with quote  #3 

I believe some of them are available as CLEP exams. Also, watch out for prerequisites for certain classes. Some classes may require other classes to be completed first which may not be in the 21 required hours. So you may end up with 30 or more hours before you get the specific classes needed.

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Freshman

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Reply with quote  #4 
Some classes may require other classes to be completed first which may not be in the 21 required
 
I am taking the 30 hours for CG classification. I had hoped to JUST take the courses required by the ASC, but I found as Benjamin stated, that there are prerequisites at most colleges to take some of the classes, i.e., finance and statistics. 2 accounting and 2 economics for finance. Statistics courses carry similar requirements.
I'll have a minimum of 45 hours by the time I satisfy the ASC required classes.
Also you will take a Compass Exam (entrance test) for placement in math and english. The remedial classes, if any , must be satisfied in order to stay enrolled in your elective courses.
CLEP exams are $72 each subject.
 I have not looked into the prerequisites at GA Perimeter, I am at Kennesaw State.
John Bryant spoke with GA Perimeter last year, I believe, and they declined to make a streamlined route for appraisers.
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johnmbryant

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Reply with quote  #5 
Someone has signed for cheap online courses in Alabama.  I believe the school was Alabama Southern Community College.  I am not certain but they do have online course.  I see no price on their web site.

I am told that there are no entrance requirements, no personal attendance requirements.

I will see if I can figure out who told me.  He was in my classes last week.



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Elvis

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Reply with quote  #6 

I have a degree in Business Management and took courses in economics, statistics, etc, etc.  I am currently certified.  If I ever decided to try to move up to Certified General would I be able to bypass most of the educational requirement hours?  Thanks.  

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MountainBoy

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Reply with quote  #7 
Columbia Southern University in Alabama offers 100% on line courses. I am currently obtaining an Associates in Fire Science through them and may go for BA when that is done. Reasonable tuition rates too. Here is the link:

http://www.columbiasouthern.edu/

They are very helpful on the phone if you want to call them for more details about what they can offer in the way of needed classes.

They may also be able to give credit for what you have already accomplished in regard to certifications you have, and any other classes you have ever taken.


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DLC

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Reply with quote  #8 

Georgia Perimeter originally wanted me to take an entrance exam, however I was able to produce my SAT scores from twenty five years ago, and they let me take the courses without the exam. None of the courses there required any prerequisite courses.

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Lobatt

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Reply with quote  #9 
I still wonder who would go to college and get a degree to become a residential appraiser. Commercial I could see, but residential?
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Meatloaf

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Reply with quote  #10 
Dude.  I have a degree in Chemistry.  Chemist make about 50-100 G on a good day.  As an appraiser, my worst year since being on my own I have made significantly more than that... SIGNIFICANTLY.

A chemistry grad straight out of college is lucky to even get a job as a lab janitor.

Financially I am SIGNIFICANTLY better off than anyone I went to college with.

Why wouldn't someone want this as a career?

Just today I saw a thing on MSN.com outlining the tax cuts to various jobs from 10000 per year to 275K per year.  Guess what...  I guess I am doing as good as the AVERAGE anesthesiologist.  

Not bad for 6 weekends worth of boring textbook BS and a couple years as a registurd.

I have been at this for 15 years now.  In my 15 years, I have made more money cumulatively than a full 30 year career as a chemist.

A teacher would have to work for 50 years to gross what I have in 15.  AND I COULD HAVE MADE MORE IF I WANTED TO!!!!!

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Meatloaf

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Reply with quote  #11 
https://www.msn.com/en-us/money/taxes/heres-what-trumps-tax-plan-means-for-people-at-every-income-level-from-dollar20000-to-dollar269000-a-year/ss-BBGhnEj?li=BBnb7Kz

Yeah... I can honestly say that I have made more than the "average" anesthesiologist.  Personally, I don't know any anesthesiologist making as little as $269K a year... But after obamacare maybe thats all they are good for.

Don't be so quick to knock residential appraising.  The money is good and the money is out there you just got to work for it.  Thats true of any profession... Hell plumbers make good money too but not the ones sitting on their couch watching springer waiting on the phone to ring.

It doesn't matter what you are doing... If you want to make good money you got to work hard for it.  I think they should offer college degrees in the field of appraising... It would legitimize our industry and solidify our future.  As it stands right now you have a bunch of half wits that have never stepped foot in a real estate sales office that think they can dictate a value not having ever seen the buying or selling end of the field.  

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RubberStamp

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Reply with quote  #12 
Meatloaf you have factor in a couple of things.  The changing landscape.  This weeble can wobble in any direction.  The boom or bust tendencies of the industry.  The accumulative factors of paying for your own health care.  No paid vacation.   The true hours that you work as compared to the other professions.  No matching 401k, stock options, etc.   No pension.   And no security. 

Granted, at the rate you were going.. there is no debate.  You can make over 200k per year in any profession you take it.  However, go do a search for average appraiser income.  I think it is something like 50k/year.   So you are taking the work of like 6 appraisers.  If everyone were making that there would be 5 of out of every 6 appraisers would be out of business.  There is not much room for high achievers if everyone were to highly achieve.

This is not a growing industry.  For those already in it..  we keep our fingers crossed that the trade winds continue to fill our sails.  But for a kid..   If you do not have some type of technology degree you might as well drop out of school.  

Technology will be taking something like 8 out of every 10 jobs.  Nothing is safe except those creating the technology or managing it or selling it. 

Many companies have technology ready to roll out to significantly cut their work force - like kiosks instead of cashiers at the fast food joint.  They are just waiting for the right political winds to roll it out.  Like the next socialist president we elect.  It will be a blood bath if you try to get businesses to pay more for their labor.  If Trump is 4 and done it will be here sooner than later.

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We argue this: Meanwhile the agent's assistant just did 5 unofficial appraisal inspections they paired with a Zestimate and granted 90% LTV - all guaranteed no buy back.
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Meatloaf

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Reply with quote  #13 
Dude... there is no such thing as "matching 401K and paid vacation or stock options and pension".... These things are paid for by the employee and can disappear at the stroke of a pen.

Would I rather have a $50K job with some dick telling me what to wear and where to wear it and when I can take a "paid" vacation?  Or would I rather gross about $250K a year and take 4 vacations a year whenever the hell I want to and choose whatever kind of health insurance I want and fund my own retirement in whatever method or manner I would like?  And for this you wouldn't recommend someone going to college solely for the residential appraisal field?

You say I take the work of 6 appraisers???? I say an appraiser only grossing $50K a year is likely only doing about 2-3 appraisals a week.  2-3 appraisals a week???? I do that before lunch on Monday.  Thats not a full time job... Thats part timing it.  Not bad $50K for a part time gig.





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RubberStamp

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Reply with quote  #14 
Those benefits are mostly already factored into the salaries of most jobs  - that is why you have to make so much more when self employed to match it.  Appraising is a changing landscape.  If appraising survives there will be plenty of us around to scrape up the business.  But for a kid in school this is not the outlook you want in your profession of choice.  You are commenting on the past 15 years not the next 15 years.. 

And beyond that you have to look at this industry wide - not just from your vantage.   A McDonalds off of the perfect highway exit may rake in 10x the amount of other locations scattered around.   Chances are if you are just getting in the business you will be in one of those other locations and you have to plan accordingly. 

It would be very easy to do a test on this.  Just ask your fellow appraisers how many of them are now, not 15 years ago, going to encourage their kids to give up all other professional endeavors and put all of their chips in appraising?  You may be 1 in 100 and even you may not encourage your kid to actually do that.

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We argue this: Meanwhile the agent's assistant just did 5 unofficial appraisal inspections they paired with a Zestimate and granted 90% LTV - all guaranteed no buy back.
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Meatloaf

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Reply with quote  #15 
I would never encourage my kid to work for "the man".

As a self employed person my wages may go up or down... Appraising may change... my retirement plans may change.  I may want to retire when I am 40 rather than 70.  The man doesn't give you these options.  So those "benefits" are significantly outweighed by the benefit of being able to take a dump in my own toilet and going to ALL of my kid's functions without asking ANYONE for permission to do so.  Oh.. and as a self employed person, I am free to fund a private education for my kid.  Not so sure I could do that with the man taking a huge cut to fund my "benefits".

If I were an employee of the man I couldn't just work harder and make more money like I can as a self employed appraiser.  I can generate as much revenue as I want or as little as I want... Its all up to me.  Ohh... And when appraising does change directions as a self employed person I have the skills to do something different.  As a lemming for the man the only skill you have is the ability to stand in the unemployment line.

College degrees are BS anyway.  I wouldn't hesitate to tell someone to point their career decision in this direction.  Career directions can always change it doesn't matter what path you take.  Don't believe me?  Just ask your gynecologist.... the 1099 independent contractor.

And how am I taking the cheese of 6 other appraisers??? Am I hitting numbers?  Nope.  Am I cheap?  Nope.  Do I have the best turn times?  Nope.  Do I bust my ass and market myself?  Yep.  I was listening to Dustin Harris' podcast today.  He said something about geographic scheduling and being strict with appointment setting as a way to generate more income.  I've been doing that for years... I could probably teach him some things.  Setting my appointments on one day a week as generated me about $100000 more a year than I grossed prior do making that one simple change.  You got to be efficient to take on the work of 6 other appraisers.



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RubberStamp

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Reply with quote  #16 
Well I can't argue with you..   that is why I am, and probably we all are, doing the same.  But it is easy to overlook down years for the up and sometimes the slow and steady can win out.  But you have to just roll your dice the best you can.

The one day a week appointments work for you and that market of yours.  I applaud you.   However, most will understand when I say that if tried in their market orders would be consistently late and therefore you would be dumped and its on to the next appraiser.  You'd stop getting business.  That is also why your 20% rule doesn't work as well. 

The AMCs have us all figured out and they've changed the rules to ensure that you cannot be as profitable.  And round and round we go. 

Reality is you are working a special market but you do not want to admit it as you may feel it would some how limit what you do personally.  Just enjoy it while you got it.   If you wonder what I'm talking about... most people that move to a new market start up business in the new market rather than drive back 4 hours to the old for an appointment.  There is a reason why you have not moved your market to your new destination.   Savannah is at your doorstep and plenty large enough to support you.  

I know you hate when I say it but your market is a special market.  That is why you haven't given it up.  And it is also why you are allowed over 5-7 day turn times where you can combine appointments. 

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We argue this: Meanwhile the agent's assistant just did 5 unofficial appraisal inspections they paired with a Zestimate and granted 90% LTV - all guaranteed no buy back.
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Meatloaf

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Reply with quote  #17 
When you respect the 20% rule you have enough clients to keep your till full without having to worry about loosing assignments.  I lose assignments all the time... its no big deal.  I got them coming from 40 different directions to make up for it.  But that is the 20% rule at work.  Always over-book because someone will cancel.

What makes my market special?  Nothing.  The reason it works for me is reputation.  When I call a realtor and tell them they need to reschedule their closing they say ... to when?  When I have an AMC giving me crap about a turn time or a fee I call the realtor who then calls the LO and it gets cleared up.  Refi's are easier.  They can meet me on friday at 1:30 or sometime next friday... They will inevitably call back and let me know where the key is hidden.

But you are right.  5 years ago I never thought it would have worked and it was very stressful at first... but after a few months I got the hang of being my own boss and setting MY schedule and it has worked like clockwork ever since.  All of my clients and local realtors know I live a great distance away and they will bend over to help me make it happen.  Why??? one simple answer.  Reputation.  I don't fugg around.

5-7 day turn time???? No big deal.  I looked at 11 houses on Monday... It was a slow week.  4 were finished on tuesday, 4 on weds and the rest will be finished tomorrow.  Not bad eh???  I couldn't do that if I were spending my day driving to appointments.





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RubberStamp

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Reply with quote  #18 
Well... right on cue in the inbox.  Perfect example of why you cannot count on the future.  If this stuff gets granted... which it will...  you will see the dominoes fall rapidly.

They've made up a story and since we have no representation to counter their point the story is believed.

I love your enthusiasm man... it just doesn't always seem you are living in the same world the rest of us are...

And the Assault Continues

TriStar Bank, a Tennessee community bank, submitted a request to the Appraisal Subcommittee (ASC) for a temporary waiver of appraisals for 2018. This waiver would apply to all property types. The request is based on a reported shortage of appraisers resulting in increased fees and reduced turn times on appraisals...


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We argue this: Meanwhile the agent's assistant just did 5 unofficial appraisal inspections they paired with a Zestimate and granted 90% LTV - all guaranteed no buy back.
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Meatloaf

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Reply with quote  #19 
Quote:
Originally Posted by RubberStamp
Well... right on cue in the inbox.  Perfect example of why you cannot count on the future.  If this stuff gets granted... which it will...  you will see the dominoes fall rapidly.

They've made up a story and since we have no representation to counter their point the story is believed.

I love your enthusiasm man... it just doesn't always seem you are living in the same world the rest of us are...

And the Assault Continues

TriStar Bank, a Tennessee community bank, submitted a request to the Appraisal Subcommittee (ASC) for a temporary waiver of appraisals for 2018. This waiver would apply to all property types. The request is based on a reported shortage of appraisers resulting in increased fees and reduced turn times on appraisals...



Well... There you go... Move to Tennessee, no competition.

What are people/banks supposed to do where there are no appraisers?  

You say the sky is falling but there is clearly demand for appraisal services... Yet this poor bank can't seem to find anyone willing to work for them.

I somehow doubt they will be taken seriously.  BTW... Quit wasting your time with anything written by Joan Trice.

She is just trying to push her BS and get you scared so that you will worship her as your savior.

Her very article is supported by the scum AMC's... Just look at the listings on the email... One of them is wanting you to work from the comfort of your home with no field work.  This is the money behind Trice.  She is poison to the profession and you reading her crap is nothing more than supporting her.

Want to be a more profitable appraiser... Read NAR articles instead.  Go have lunch with agents... Thats where your bread and butter will come from after the sky falls.



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RubberStamp

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Reply with quote  #20 
If you read the article the Bank in question had been trolling for $275 appraisals for years.  When they made the request 1000's of appraisers bombarded them to get on their list to prove their bluff.  But guess what...  only the bank will have that data and will withhold it.

Truth has no place when profits are involved.

Banks don't make official, public requests like this unless they've already done their political work up front and, after greasing the right cogs, know they have a very high probability of getting it approved.  The only thing that stops a request like this now is public outcry. 

Crickets.  Crickets. 

There is real, solid reasons for concern ML.   Think back 15 years and tell me about the time your Appraisal Foundation, our only collective voice,  was about to grant a bank a blank check to loan on every lending product without a collateral verification?

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We argue this: Meanwhile the agent's assistant just did 5 unofficial appraisal inspections they paired with a Zestimate and granted 90% LTV - all guaranteed no buy back.
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Meatloaf

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Reply with quote  #21 
Well... I guess the sky is falling... Guess I should just crawl under a rock and jerk off.

What do you suggest be done?  I am a member of AGA.  I vote.  I also know that there is more money to be made once appraisals are no longer "required".

Home inspectors make good money.  Surveyors make good money.  Accountants make good money.  Hell... Even real estate agents make good money.  None of these are 'required' by the federal government and all of these have and have had cheaper faster alternatives for many years.

Sure... The marketplace for us might slow down... for skippy.  But the real appraisers with the real expertise will still be in demand and will be compensated well for that expertise.

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johnmbryant

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Reply with quote  #22 
Watch out before you start signing up for 21 hours of college or CLEP to become CR.  The current rule still requires a college degree for CR.  It will probably be changed but it hasn't been yet.

From the AQB: 
Quote:
Applicants for the Certified Residential credential must hold a Bachelor’s degree, or higher, from an accredited college or university. The college or university must be a degree-granting institution accredited by the Commission on Colleges, a national or regional accreditation association, or by an accrediting agency that is recognized by the U.S. Secretary of Education

Additionally, you must have 200 hours of specific appraisal training.  (If you are licensed, you already have 150 hours.)
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nogava

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Reply with quote  #23 
Think they'll ease back up on the degree requirement for CG in the future as well?  Or will there have to be another 'shortage' to dictate that later on?
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Lobatt

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Reply with quote  #24 
Quote:
Originally Posted by nogava
Think they'll ease back up on the degree requirement for CG in the future as well?  Or will there have to be another 'shortage' to dictate that later on?



How many CG's in Georgia under the age of 55? I'll bet the average age is well over 60.

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johnmbryant

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Reply with quote  #25 
The degree for CG has not been addressed.
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