A New Appraiser Discusses his Journey into the Industry

Описание: In today's Buzzcast, we dive into a firsthand account from a new appraiser of the Appraiser Diversity Initiative (ADI) by Fannie Mae and the challenges facing trainee appraisers today. Today we have Marcus Knight, a recently licensed appraiser that completed this specific program giving a deeper look with Joan Trice, Founder of Allterra Group, LLC. They delve into what exactly he faced during the program and how diversity in the appraisal industry is necessary for its continual growth.

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Thanks to ADI, I found a supervisor here in Chicago who was willing to take me under his wing. He is a residential appraiser who has been practicing since around the ‘08 market crash, so he has a wealth of experience I am just clambering to tap into. I have a few inspections under my belt, and I have to say, they are challenging as I am forced to take all of the academic knowledge I’ve learned and apply it within a real world setting with a real time constraint (the duration of the inspection). Remembering key steps like making sure to taking clear pictures, getting accurate measurements, and scanning the environment for any important details, is shaping up to be quite the feat at the moment. My saving grace is I am working with a patient and understanding supervisor who doesn’t mind me asking a million questions throughout the day. It’s a lot to process, but I’ve learned to take it day by day and not to beat myself up when I leave my camera in the car or realize later in the day, I took a bad comp picture and I have to go back out and take it again. This is just the beginning of my journey, so I quickly learned the importance of pacing myself and self-care.

My short-term goal is to become a Certified Residential Appraiser and my long-term goal is to become a General Appraiser. I heard others say you have to pick early which career path to take, but my strategy is too early on in my residential appraisal career to identify a specialty for myself as I pursue General Certification. I say to anyone who is interested in pursuing appraisal as a career to understand that it’s a lifestyle. You must be prepared to immerse yourself in this field to become competent. I’m incredibly excited for what the future has in store for me. I slowly feel more and more like a bona fide appraiser every day.

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