Is anyone here a valuer? advice

In my search for career change I have come across this as a job i may be interested in pursuing as i am interested in property but not sales

Pros
Not sales based like most real estate jobs
Good salary 80k +
Mon to Friday no weekend work
Only requires 3 years study as apposed to other similar paying jobs that require 4-5years

Cons
Long hours?
High pressure job as in if you make a mistake you can get banned...or so I have heard
Job security. Seems like with all the computer based valuation these days it could have less positions in the future
Repetitive/mundane work

 

80k+? Maybe in commercial, resi valuers get paid a pittance plus own vehicle use most of the time really drags down the take home

 

‹80k? Maybe in residential. Commercial valuers get paid a decently plus leaseback vehicle. A lot of sales targets to meet. Qualifications are being raised to a diploma or degree.

Why think small and only consider residential?

Valuers also work in retail, for developers, government etc in non-valuation roles too.

A fully registered retail valuer needs 5 years retail experience (Maccas doesn't count)

 

The valuer i spoke to recently had 8 to view in one day, he spent no more than 10 minutes at my place, and he was gone,and i had to pay a country ????? surcharge for travel.

 

Well starting in resi would be the go and then commercial later I guess is what most would do

 

I just don't like the idea of hounding people for sales

 

Yea i had a bank valuation last week woman was there for 10-15 minutes wrote some notes and was gone had 6 to do that day seemed like a good gig

 

you have targets to meet as a valuer assuming you arent working for your self?

im assuming property targets right? eg x per day,

if you are well organised, then it shouldnt be too hard, should it?

 

IMHO, you have it all wrong. Salespeople don't hound people.

They are solution providers and they provide solutions to people; the really good/successful ones provide the right solutions.

 

If you want to "put food on your table", you will be setting yourself targets whether you are working for yourself or not.

And you will be driven hard and working hard to exceed them, especially if you work for yourself!!!!

 

if you're going to spend 3 yrs doing a property eco degree, you might as well chase a fund analyst or development management role. Significantly higher salaries and more interesting work imo.

Valuers at the typical resi mortgage level are just churning 7-8 basic vals a day. The more interesting work is doing the full reports and advisory for development and commercial valuations, been there done that.

 

I thought you get paid a salary and are expected to do x number of vals per week, provided they have enough leads?

 

I assume so.

But, if you DO work for yourself, you better set yourself targets and you better make sure you have enough leads!!!

 

Resi Mortgage vals (tick & flick) may be bread and butter but proper vals, portfolio valuations, and preparation as expert witness etc in court takes time too.

 

I guess when I said "sales" I meant Real estate agents. Which is job I definately I would not want to do.

 

But even REAs are solution providers.

For people buying a PPOR, they provide a solution that solves their 'quality of life' issue.

For investors, they provide a solution that solves their 'investment/wealth creation' issue.

Well, that's how I see REA's (and salespeople, in general).

 

I see what you are saying but don't think a real estate agent is a "solution provider". They have limited houses for sale at anytime. A Buyers agent is more of a solution provider. I've just always found RE agents scummy just my opinion and a bit of a dead end job that I couldn't see myself doing.

 

Exactly ! Its building long term relationships, people come to you. Word gets around if your good.