COSCAG08. said:
mazag08 said:
MRE is a waste of time and money to be an appraiser. If your goal is to stay in Temple then I probably wouldn't go through the trouble.
What is it that you are expecting to learn?
I agree... I won't be going back to school to be an appraiser. I've considered the appraiser route, but it's a no-go unless someone is willing to sponsor me... and training your future competition isn't exactly the easiest sell
The degree would be more for opening doors to jobs I currently don't have a shot at. I had a classmate go through the program and is now in an acquisitions role and another is working as an analyst for Hines.
My location is why I haven't already enrolled in the program. As far as staying in Temple goes, the only thing I've seen online is a land development job at DR Horton (based in temple). However, I currently commute to Austin for work 2-3 days per week and figured I could find something with the MRE in Austin that would allow me to do the same. Embree Asset in Georgetown has guys that work remotely, so I think it could work.
To be frank, it sounds like the program would be a waste of your time.
If you are dead set on being in Temple and not wanting to move (which I totally understand) you are better trying to leverage your current experience into the role at DR Horton, or sweet talking some old appraiser into sponsoring you or finding some other similar type role.
The program really has shifted gears from the LERE days to more finance based. There were still guys who went into appraisal and title management from my class, but most of us went into banking or some type of analyst role at the HFF/Banks/life cos/developers. I started out in appraisal but this was more towards portfolio valuation for JPM and Wells Fargo and I only lasted a year.
If you were open to doing the program, you might have more opportunistic jobs in the Austin area doing underwriting for a bank or lending co., if that was what suited your fancy, then I would recommend the program for you.
The program itself is actually quite good. Provides a great foundation in real estate and exposure to the various careers paths involved. I will admit however, it does not provide much exposure towards the mortgage banking side ( I mean this as in having exposure to guys already in the mortgage banking field). Thats really my only complaint.
Let me know if you have any more questions, I graduated in 2015 and currently work in the debt side of things.