Go to ValuationExpo.com and
Register for Valuation Expo!
APPRAISAL BUZZ FALL 2020 | 11
ROBERT LAGRASSE
As any savvy business owner will say, ‘It’s not how much you make,
it’s how much you get to keep.’ Mr. Feyen runs a business, so I
assume he is aware of his expenses. He did not factor in appraiser
expenses from licensing and all the related primary and continuing
software is rented now, and the endless demands from AMCs and
the GREs are present. So, the $40 per hour is understated by a lot.
As a professional, we need to value our experience and acquired
knowledge as well as ‘time.’ That 100k is looking pretty challenged
when considering expenses
MITCH DAUGHERTY
I am an appraiser of 25 years. I also run and operate a media company for the
past four years. I use my UAV on some appraisal inspections, not all, since
regulations as follows; ‘If you better your business position with the use of a
drone, then you must carry a part 107 UAV FAA licenses.’ Also, it is not
Drones do have a place in appraising, but it’s just another tool in the
inspection process.
DAWN AUBREY
Article is on-point and has good advice for newbies! Very well written!
This profession is not for the faint of heart. My apprenticeship took me
classes didn’t teach me about underwriting requirements and the
secondary market. I’m still learning today. My own personal advice is
they’re tough. Add value to them as stated in the article, learn
everything that you can, be willing to dig in, and just like the article said,
don’t stop until it makes sense. Foster a good relationship with that
mentor because you will likely need their advice for years to come,
even after you have your license. And, if you get an apprenticeship
with an appraiser who does unethical things or things that don’t make
/ValuationExpo.com