re: Career Path - Appraiser or Insurance

I’d say insurance easily. Won’t make as much ramping up but it’s lucrative once you get it going and start living off the residuals. It’s also not hugely tied to one industry like appraisals are. Everybody needs insurance even in a recession. Commercial is a lot more relationship based too vs personal lines that will leave you for $25.

I just see the appraisal business, even the commercial side, becoming more and more consolidated and regulated almost to the point of automated appraisals even coming on the commercial side. It too is a grind. You can kind of think if it as a little recession proof if you have good bank clients. Banks love appraisals for whatever reason and will get them when doing loans and also get them when foreclosing on loans ??.

- 25 yr commercial banker