Appraisal Services
Appraisal Management Companies order all the same types of appraisals you have completed in the past. In Michigan your primary appraisal services will most likely be for Refinance and REO – Real Estate Owned appraisals. But you might find some vendors work primarily for non-mortgage transactions such as in divorce and bankruptcy cases.
I especially enjoy REO appraisals since the fees are usually larger than a standard refinance or purchase transaction due to the additional REO addendum that is required. Another reason I enjoy REO work is that more than 75% of the time they are vacant and I can let myself in at any time when provided with a code to a lockbox.
If you are not getting a large number of estate appraisal requests, make sure to read the additional chapters included in the book regarding getting more estate work. It is a fairly simple process and since many appraisers do not focus on this type of work, you should be able to obtain quite a bit of orders this way.