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  #1  
Old 10-14-2011, 11:09 PM
Mohan Chhina Mohan Chhina is offline
 
Join Date: Jul 2004
Location: Long Beach
State: California
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Default Desktop Appraisals with Drive By Photos

I got email from one of the AMC's if I can do a Desk Top appraisal with Drive By Photos, and how much the fee . I have not done these but work is so slow I would like to get busy.
Please help.
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Old 10-15-2011, 01:55 AM
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AnonApprsr AnonApprsr is offline
 
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State: Massachusetts
Professional Status: Certified Residential Appraiser
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Please help with what? You can do anything you want as long as it's not violating USPAP or Local Laws. Of course you can do a drive by appraisal on a desktop form. Make sure you get a correct fee for such an expansion of the typical scope of work of a desktop appraisal. Go for it! Make sure you explain what you did in the SoW section in the report. Make sure you understand exactly what form they want the assignment completed on, check out the form prior to accepting the assignment, paying attention to any pre-printed SoW and such.

Good luck, and God Bless. I hope business picks up for you. Check out some of our older threads on getting new clients, there's some great advice.
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  #3  
Old 10-15-2011, 03:32 AM
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Blueprint Blueprint is offline
 
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Many appraisers across the country are performing desk tops w/ drivebys. I personally don't as I live an a highly complex market making them useless.

That said, before you take or reject the order, talk to the peep in friendly fashion. You don't know them, so at least give them a chance to explain themselves. Bug them with some detailed questions. What is the intended use, what are they willing to pay, is there a turn time, etc. It is your job to take control of the situation so you can comfortably accept the order under your terms.
  #4  
Old 10-15-2011, 07:26 AM
Thomas Fiehler Thomas Fiehler is offline
 
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Location: Cincinnati,OH
State: Ohio
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As long as there is adequate public records available and you are comfortable doing them there is no problem. Only difference is not getting out of the car.
  #5  
Old 10-15-2011, 08:24 AM
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Peter LeQuire Peter LeQuire is offline
 
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Location: A long way from Nutbush
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Quote:
Originally Posted by Thomas Fiehler View Post
As long as there is adequate public records available and you are comfortable doing them there is no problem. Only difference is not getting out of the car.
Perhaps - it depends on what you are certifying you determined, or are assuming, about things that you can't see, and the extent that you will be held responsible for any assumptions that are incorrect.
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  #6  
Old 10-15-2011, 11:27 AM
leelansford leelansford is offline
 
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State: Illinois
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Quote:
Originally Posted by Mohan Chhina View Post
I got email from one of the AMC's if I can do a Desk Top appraisal with Drive By Photos, and how much the fee . I have not done these but work is so slow I would like to get busy.
Please help.
So tell us--what's the intended use of this appraisal?
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  #7  
Old 10-15-2011, 01:21 PM
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Ca Ar Independent Ca Ar Independent is offline
 
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I've had several of these come across my desk lately. ALL have been high end properties with little or NO information available for public record and after requesting that the assignment be changed to a 1004 full,and doing a little digging in the process, I find that they are for Big Bank internal use. Oh ..and the fee for this? $150.00. NO THANK YOU!
  #8  
Old 10-15-2011, 03:42 PM
NorthTexValuation NorthTexValuation is offline
 
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State: Texas
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The client is requesting a Drive By SOW reported on a Desktop form.

Unless the fee represents a typical 2055 exterior fee, you are working too cheap. They can have the report on a Desktop form, but I'm getting the Drive By fee or passing on the assignment. Minimum Drive By fee around here is $350. I'll bet they are offerring around $150 to you.
  #9  
Old 10-15-2011, 07:36 PM
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Lobo Fan Lobo Fan is offline
 
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State: New Mexico
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Somebody is pimping these things around here for $25.
  #10  
Old 10-15-2011, 08:14 PM
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Terrel L. Shields Terrel L. Shields is offline
 
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Location: Springtown, AmeRica
State: Arkansas
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Quote:
Many appraisers across the country are performing desk tops w/ drivebys.
A "Desk Top" appraisal is that. A "Drive-by" is that....therefore it is technically impossible to do both in one fell swoop. You are either doing a "desk top" appraisal or you are doing a drive by appraisal....If you are doing a drive by on a desk top form....well. Good wordsmithing to you as it would seem more hassle to caveat the DT from than it would take to do a 2055.
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