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What Industries/jobs Can A Licensed Real Estate Appraiser Transition Into?
Readers Question:
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I have owned my own real estate appraisal company for 5 years and I am looking to get a higher paying/more secure job in banking and finance. Where should I look and what can I do. The ups and downs of appraisals is really getting to me. These recent changes are mostly due to HVCC and other government intervention. I am hard working, dependable, and honest and recently my income has been reduced by 75%.
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December 22nd, 2009 at 10:18 am
In banking and finance? Probably nowhere.
I don’t see how being an appraiser qualifies you for any of those positions. Perhaps a management position of some kind (because you ran your own business), but many people from the real estate/mortgage industry don’t have the best reputations right now
December 22nd, 2009 at 12:16 pm
I would suggest that you look at the financial end of the business. Look to go into mortgages and see who is hiring at banks and other lenders.
After all, you already know how to read the numbers and you should by this point be able to look over an appraisal report and spot BS and poor valuations. You also should have a fair handle on the business ethics and the rule changes that have come down the pike since the housing collapses and all of the fraud investigations.
December 22nd, 2009 at 2:48 pm
dull