................ We have been infiltrated by skippies that burn and churn reports out for whatever they can get. ........... USA - the land of the idiots. Our national flag should be the one dollar bill, because that is what everything is run on - where is the dollar?
I ultimately will keep appraising as it is a good SIDE gig for some extra money. Now, the final blow that will destroy the lending part of this business is when the AMCs and lenders have their own STAFF appraisers that they can have total control over. Funny how things came back to the starting point..................
Rick, you live in a COW state, you should have no trouble making $100,000 which is 40% more than the median family income in the United States; If you have a wife you are most likely doing OK.
If SKippies are turning out garbage then send the reports to the state.
Everyone works for the dollar.
Appraising is a SIDE gig for you? I don't buy that.
The final blow is not AMCs hiring staff appraisers, it is a blessing. I assume you have read reports by AMC appraisers or big fee shops........they are mostly garbage. When those staff appraisers get laid off they have zero clients. Staff appraisers aren't doing private work or litigation work. They are not building relationships with attorneys or assessors or Realtors. All that work goes to the independent appraiser.
..........Damn this country. Damn them for sucking a decade of my life away, and still lying to me telling me things will get better. You should hear the scary news I hear about the coming recession, which would already be here if it were not for the tax shifts to benefit business. We are running on borrowed time. Our economy is sinking, and we are losing industries and jobs steadily. But through it all, money talks, for sure. Follow the money and you will find the root of the problem...............
No one stole a decade of your life, you just needed to adapt. Many people lost a lot more than you did. Not sure what rock you live under but there are more jobs available than people to fill them. Recession? Unemployment is at 3.9%; in my state food stamp recipients are down 80%. Economy sinking? Losing industries and jobs? Put down the 2009 newspaper, it is 2018.
....................And speaking of the root of the problem - if we go down, so do the billion dollar AMCs. Some of them anyway. BUT if quality is raised, then fees would go up and EVERYONE would make more money. We need muscle to fight the lenders, and we sure don't have any whatsoever. The AMCs, however, do... They are organizing and gaining strength every day. ................
Billion dollar AMCs? Hand over what you are smoking.
Quality is raised? Yes, the AMCs turn out terrible reports every day but then again it seems that those terrible reports are written by appraisers with licenses. Why are you, the smart guy, trying to compete with AMC work?
AMC aren't getting stronger every day, they are actually losing market share. Not a lot, but it is happening. Why? Some appraisers won't work for them and some lenders are seein ght e garbage from some AMCs and are now direct order. Surely you have some of those direct order clients?
