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  #1  
Old 02-21-2005, 10:12 AM
Darrell Hignite Darrell Hignite is offline
 
Join Date: Jul 2003
Location: Greenville, North Carolina
State: North Carolina
Professional Status: Certified Residential Appraiser
Posts: 199
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I have added a link to my AppraiserUSA.com listing that sends me an email that says, "YOU HAVE MONEY" and it's a great addition to my collection process. I get paid before I get in my car. It's so simple, here's how it works....

1. I get an appraisal order for C.O.D.
2. I call to set up the appointment
3. I tell them I will pick up cash or I accept credit cards
4. They prefer (If they have them) credit card
5. They give me their 16 numbers and I run them or they go to Appraiserusa.com and enter my zip code to find my lising, they then run their credit card for the agreed amount for the appraisal.
6. I get an email, and I'm paid.
7. I have a happy day.
8. I present them with a form to sign allowing me to charge their account at the inspection.

Don't hesitate, before Wayne set this service up, I would get one or two a month, now it's one or two a week. Check it out for your self, click here for http://appraiserusa.com and then enter my zip code of 27858, click on my VIEW box to the left of my name and look for the Paypal logo. What do you have to lose, better yet, you have a lot to gain. Good luck and Happy Appraising. :dance:
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  #2  
Old 02-21-2005, 06:48 PM
Stephanie Welch
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That is really cool! How do I found out what it would cost to accept payments via paypal. I do paypal with Ebay, but I've never thought of doing it with the business. Why not, it makes great sense. We have clients asking all the time if we accept credit cards.

Thanks for the info.
  #3  
Old 02-21-2005, 08:45 PM
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Will43 Will43 is offline
 
Join Date: Aug 2003
Location: Central Ohio
State: Ohio
Professional Status: Licensed Appraiser
Posts: 1,782
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Just be aware that if the value comes in low, you may get a charge back.
  #4  
Old 02-21-2005, 09:11 PM
Darrell Hignite Darrell Hignite is offline
 
Join Date: Jul 2003
Location: Greenville, North Carolina
State: North Carolina
Professional Status: Certified Residential Appraiser
Posts: 199
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There are no charge backs if you have a form giving you permission in writing. That's the reason for the form that they sign at the time of the inspection. I have even gotten the credit card at the time of the inspection with the form signed.

If you already have a pay pal account, use it and don't get another one. Pay pal only gets a small percentage of the fee and you could even mark the fee up a few bucks to cover that cost.

The Big question is, will you do it??????
  #5  
Old 02-21-2005, 09:46 PM
Dave Fitch Dave Fitch is offline
 
Join Date: Jan 2003
Location: Indianapolis
State: Indiana
Professional Status: Certified Residential Appraiser
Posts: 416
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I am interested, but how would a signed form still stop someone from contesting a payment? Please explain.
  #6  
Old 02-21-2005, 09:56 PM
cj scillieri cj scillieri is offline
 
Join Date: Jan 2005
State: New Jersey
Professional Status: Licensed Appraiser
Posts: 15
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I'm not 100% sure but I am pretty familiar with Paypal. If there is a contested transaction, Paypal will contact the account holder. It's like a mediation process. I would assume that if you have a signed form allowing you to charge a customer's account for a specific purpose, an appraisal in this case, and you can provide proof that the assignment was completed, then Paypal's mediation process should rule in your favor. The only problems I have heard is that sometimes Paypal will tie up funds for months while handling disputes. Hope this helps a bit.

CJ
  #7  
Old 02-22-2005, 07:23 AM
Dave Fitch Dave Fitch is offline
 
Join Date: Jan 2003
Location: Indianapolis
State: Indiana
Professional Status: Certified Residential Appraiser
Posts: 416
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But what if the customer was not pleased with the appraisal and refused to pay for it?
  #8  
Old 02-22-2005, 07:54 AM
Darrell Hignite Darrell Hignite is offline
 
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Location: Greenville, North Carolina
State: North Carolina
Professional Status: Certified Residential Appraiser
Posts: 199
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You would still have the signed agreement. Why do you want to think the worst. Why not think of the up side. I don't see the glass half empty, it's always half full. :dance:
  #9  
Old 02-22-2005, 08:18 AM
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Jeff Horton Jeff Horton is offline
 
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Location: Heart of Dixie
State: Alabama
Professional Status: Certified Residential Appraiser
Posts: 2,962
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Quote:
Originally posted by Darrell Hignite@Feb 22 2005, 07:54 AM
You would still have the signed agreement. Why do you want to think the worst. Why not think of the up side. I don't see the glass half empty, it's always half full.
It doesn't matter how full it is when it gets dumped in your lap.

IF, your right and they can't charge you back I am all for it. But I quit using PayPal for payments because it was to easy for an agry homeowner to get the charges reversed. Paypal doesn't understand Appraising, they understand unhappy users!

Lets try to get to the bottom of this and find out the truth. This could be a good thing if you right. And I hope you are! I have just been cheated too many times to jump in.
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APPRAISING * The Profession that loves to eat it's own!
  #10  
Old 02-22-2005, 08:33 AM
Darrell Hignite Darrell Hignite is offline
 
Join Date: Jul 2003
Location: Greenville, North Carolina
State: North Carolina
Professional Status: Certified Residential Appraiser
Posts: 199
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Jeff, I unlike many of you, do have a merchants account to charge my students when they take my classes. I have only had one charge reversed on me in many years. If you are paranoid about using Pay pal, then don't. You can open your own merchant's account. I feel that it is ridiculous for all the appraisers in America to have a merchant's account and Pay pal is perfect for them. Take this new idea with the vigor that it is offered with. Make mo money..... :dance:
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