Company: Papin Appraisal Inc.
Steve Papin has been a residential appraiser is Cincinnati, Ohio since 1976 and serves as the 2012 president of the Ohio Coalition of Appraisal Professionals.
Why did you become an appraiser?
Like many appraisers, my career started as an accident. I was an undirected 19 year old studying real estate in night school in 1976 when a friend introduced me to an appraiser looking for help. I was a bit unsure about this job in the beginning. 36 years later, I guess I ended up in the right spot!
What has been the highlight of your professional career so far?
Well, if I were to run the “highlight reel” it would have to be a short feature film! Early in my career I taught a 101 course for 3 years which I consider a highlight as I feel is was a step that made me understand appraising on a much higher level. Middle career had some highlights from relocation appraising including being honored at a surprise luncheon by Proctor and Gamble for a year with a 2% variance on 50 relocation appraisals. Most recently industry involvement has allowed me to reach out to many peers and have a positive influence on the profession.
What piece of advice would you offer young people considering a career in this profession?
Experience counts. This is not an industry where you can run on your own. You need a good mentor and a few years before this will all make sense.
What book would we find on your nightstand right now?
I try to read 2 novels per year that have nothing to do with work. You would currently find a Michael Crichton novel next to my bed, and any mystery or adventure is entertaining to me.
Can you share a funny or unique story about an appraisal you’ve done?
Back to needing a full length film! I think the hardest I have laughed as an appraiser has been working with trainees over the years and watching as they experience the joys of “too much information” when you walk through other people’s homes. Then there was the time when a trainee took off running across the back yard and dived over the fence as the dog was chasing, only to figure out later that the dog was a golden retriever that would not hurt a fly….
Do you have a favorite quote? Why?
Industry involvement of the past 8 years has caused me to adopt a quote by Margaret Mead as my favorite: “Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” Appraisers need to work together to restore our proud profession.
If you could change one thing about the appraisal industry today, what would it be?
Quicker adoption of innovative valuation solutions. The merging of technology with the skills of an experienced appraiser is moving slowly. I look forward to a time when I can offer a quick and affordable high tech product alongside of traditional appraisal reports. Of course, the technology is here but the acceptance from appraisal users and the interest from field appraisers is moving slowly.
Tell us something about yourself that people might not know.
For the past 9 years I have been a member of the board of directors for an arts organization that operates 2 performing arts centers.
When not at work, you are most likely…
With family. 3 adult children and a wonderful wife.
What is the best thing about your job?
Diverse responsibilities! Regardless of the highs and lows of an appraisal career one thing is certain. This is never a boring job!
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