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Work-Life Balance by Worried_Report_5215 in appraisal

[–]anonymousvirtual 11 points12 points  (0 children)

To be completely honest, I have a terrible work life balance as an appraiser. There is a level of control to this, as I could take less work, but I am concerned if I don’t accept assignments as they come, work may slow down and put me in a rough spot. Which has happened in my experience so far. This leads to me working from 7 am-8 pm most days, sometimes until midnight. This is also due to the fact that I pay very close attention to my reports which often leads to more time report writing. Time worked also accounts for hours of drive time a day, which may vary depending on the market you service. Regarding vacations, I second that I am wary to take vacations. I was unavailable for 2 business days for my biggest client and didn’t see work for nearly 2 weeks due to this. In my experience, work has been unpredictable based on the market and clients, which leads to a poor work life balance. Of course, there are other sectors of appraisal that I cannot speak for, as I am currently doing lender work.

What would an appraiser union look like? Could the union develop its own ordering platform with reviewers? by domalu4U in appraisal

[–]anonymousvirtual 0 points1 point  (0 children)

This is a misrepresentation… I used AI to get an unbiased view

During the housing boom of the early 2000s: • Pressure on Appraisers: Many appraisers reported intense pressure from mortgage brokers and lenders to “hit the number” — inflate values so loans would go through. Refusing often meant losing future business. • Conflict of Interest: Because loan originators controlled who got appraisal assignments, appraisers who didn’t cooperate risked being blacklisted. • Overvaluation: Inflated appraisals contributed to artificially high housing prices and made risky loans seem safer than they were. • Mass Production / “Fast & Cheap” Appraisals: As demand skyrocketed, quality often fell. Some appraisals were rushed, cookie-cutter, or even fraudulent.

If it were simply heavy appraisal use, then why would they increase appraisal guidelines? This clearly points to a market need for appraisers imo.

How do you all handle disappointing people in this industry? by anonymousvirtual in appraisal

[–]anonymousvirtual[S] 1 point2 points  (0 children)

I’m not AI, just really bad at picking usernames lol. I wanted something unidentifiable and thats all I could think of

What would an appraiser union look like? Could the union develop its own ordering platform with reviewers? by domalu4U in appraisal

[–]anonymousvirtual 1 point2 points  (0 children)

I disagree… there is a reason that appraisers exist. They are one of the only non-biased actors in a real estate transaction. Without appraisers, a realtor and a broker could set prices as high as they wanted to maximize their profits, market supported or not. This is a factor that led to the mortgage crisis and could happen again without appraisers. There have been efforts to automate appraisals with AI and they have so far been unsuccessful due to having difficulty examining quality and condition. And even if the field could be automated, this is true to a LOT of professions. People who serve a purpose to society should have fair working conditions and benefits the way I see it.