Anyone Sign up with Angie's Leads (Private appraisal phone app)

[JeffSH]

Don't think it will frankly. Even if the leads are $20 each, one of out 15 won't make it worth your while.

I don't honestly know what the leads cost, but I think I have heard more than $20...

I thought it was a one-time yearly fee. I could be wrong. If it's pay per lead, then no it wouldn't be worth it. Unless it's pay-as-you-go and I could try it out. I highly doubt it.

 

[Charles West]

If you go Angi all you are going to get is people that are unknowlageble and clueless. Not your target client. Also find out if you have an active hard money environment in your area. They want very well developed stuff.

 

[Overimprovement]

I thought it was a one-time yearly fee. I could be wrong. If it's pay per lead, then no it wouldn't be worth it. Unless it's pay-as-you-go and I could try it out. I highly doubt it.

I thought it was a one-time yearly fee. I could be wrong. If it's pay per lead, then no it wouldn't be worth it. Unless it's pay-as-you-go and I could try it out. I highly doubt it.

I've only heard per lead but again that is 2nd hand info.

 

[J Grant]

Private appraisals for the average joe who wants to know how much his house worth isn't usually worth it if you have bank work to draw from, but times are slow.

There's a lot of people who want to know the value of their home. Many people understand that the zestimate is irrelevant. The county assessor is irrelevant. This is also something that could be advertised, like "Don't trust an algorithm! Ask the local experts!"

I could setup an app where people could request a valuation. With the app, they would upload pictures of each room and give quick details about the home, then they would pay within the app. I'm thinking $150-$200 for a desktop value. Turn time is 3 business days from payment. The customer receives a notification when the value is done. It will present the value in a nice display with the most similar comps. They could download the report or email it to themselves. Everything would be done through the app, except my backend valuation work.

Angie charges like $400. No commission or anything. Supposedly there are a lot of leads. Anyone try it before? Any success getting leads? I could advertise in other ways, but it seems like a decent deal. That way I can see if there's a market for these personal desktop assignments before I invest time making the website/app.

Sorry to say but I dont see much demand for it. People typically do not want to pay for an appraisal unless they plan on doing something or need to do something with their home ( sell ir , or split it ina divorce, etc) . One of the problems residential appraisers face now is internet competition. Even if it is less "accurate" than an appraisal, if a person just wants to know what their home is worth, they can do an instant, online, and for free on Zillow , or any of the similar websites. With so much data online on these sites they can look up recent sales themselves and that's good enough for people who are just curious.

IMO it is hard to find ways to find other business with the residential license , /Idk how old you are but you seem to be on the younger side and ambitious, which is a good thing. Instead of trying to squeeze more water from a dry rock, perhaps think about getting a related license, such as RE agent or home inspector or property management. The side work beside some income,, will probably generate better appraisal leads than the ideas you are floating. The other option is to put in the effort to upgrade to commercial license, where the options are better for obtaining additional appraisal work

 

[TerryRohrer]

Private appraisals for the average joe who wants to know how much his house worth isn't usually worth it if you have bank work to draw from, but times are slow.

There's a lot of people who want to know the value of their home. Many people understand that the zestimate is irrelevant. The county assessor is irrelevant. This is also something that could be advertised, like "Don't trust an algorithm! Ask the local experts!"

I could setup an app where people could request a valuation. With the app, they would upload pictures of each room and give quick details about the home, then they would pay within the app. I'm thinking $150-$200 for a desktop value. Turn time is 3 business days from payment. The customer receives a notification when the value is done. It will present the value in a nice display with the most similar comps. They could download the report or email it to themselves. Everything would be done through the app, except my backend valuation work.

Angie charges like $400. No commission or anything. Supposedly there are a lot of leads. Anyone try it before? Any success getting leads? I could advertise in other ways, but it seems like a decent deal. That way I can see if there's a market for these personal desktop assignments before I invest time making the website/app.

What is the price of the app?

 

[JeffSH]

What is the price of the app?

The app would be free. It would just be the interface for my service. I could use a website too, but that wouldn't work as seamlessly with uploading pictures.

My goal is to make the process so fast, easy, modern, and shiny that people will impulse buy. They'll see an advertisement for the valuation service, look at the app/website, then start the process, upload pics, etc. Only at the very end of the process once they have already done everything, will it come up with some sort of prompt that says, "You're all set! Click the submit button below and one of our state-certified appraisers will begin preparing your custom home valuation report. Cost $150. "

Sorry to say but I dont see much demand for it. People typically do not want to pay for an appraisal unless they plan on doing something or need to do something with their home ( sell ir , or split it ina divorce, etc) . One of the problems residential appraisers face now is internet competition. Even if it is less "accurate" than an appraisal, if a person just wants to know what their home is worth, they can do an instant, online, and for free on Zillow , or any of the similar websites. With so much data online on these sites they can look up recent sales themselves and that's good enough for people who are just curious.

IMO it is hard to find ways to find other business with the residential license , /Idk how old you are but you seem to be on the younger side and ambitious, which is a good thing. Instead of trying to squeeze more water from a dry rock, perhaps think about getting a related license, such as RE agent or home inspector or property management. The side work beside some income,, will probably generate better appraisal leads than the ideas you are floating. The other option is to put in the effort to upgrade to commercial license, where the options are better for obtaining additional appraisal work

There is demand for people who want to know how much their house is worth. When I used to do appraisals out of a retail store, we would get people who would walk-in and ask for a valuation. The same people going to Angies leads online looking for a home value would be the ones using my service.

I did an appraisal in 2021 where a lady sold her rural acreage for $80k less than it was worth because she used zillow and came to an agreement with a neighbor. It was bizarre because she asked me during the inspection to let her know if she got ripped off. I had no idea what she was talking about because I couldn't do research before hand given this was a private sale with no online listing. When I sat down to do the appraisal I instantly knew the buyers got a crazy good deal. I thought for a second about telling the lady about how much she got ripped off, but there was no point. That would have been a dumb phone call.

 

[TerryRohrer]

The app would be free. It would just be the interface for my service. I could use a website too, but that wouldn't work as seamlessly with uploading pictures.

My goal is to make the process so fast, easy, modern, and shiny that people will impulse buy. They'll see an advertisement for the valuation service, look at the app/website, then start the process, upload pics, etc. Only at the very end of the process once they have already done everything, will it come up with some sort of prompt that says, "You're all set! Click the submit button below and one of our state-certified appraisers will begin preparing your custom home valuation report. Cost $150. "


There is demand for people who want to know how much their house is worth. When I used to do appraisals out of a retail store, we would get people who would walk-in and ask for a valuation. The same people going to Angies leads online looking for a home value would be the ones using my service.

I did an appraisal in 2021 where a lady sold her rural acreage for $80k less than it was worth because she used zillow and came to an agreement with a neighbor. It was bizarre because she asked me during the inspection to let her know if she got ripped off. I had no idea what she was talking about because I couldn't do research before hand given this was a private sale with no online listing. When I sat down to do the appraisal I instantly knew the buyers got a crazy good deal. I thought for a second about telling the lady about how much she got ripped off, but there was no point. That would have been a dumb phone call.

I meant, what is the price to me!

 

[TerryRohrer]

The app would be free. It would just be the interface for my service. I could use a website too, but that wouldn't work as seamlessly with uploading pictures.

My goal is to make the process so fast, easy, modern, and shiny that people will impulse buy. They'll see an advertisement for the valuation service, look at the app/website, then start the process, upload pics, etc. Only at the very end of the process once they have already done everything, will it come up with some sort of prompt that says, "You're all set! Click the submit button below and one of our state-certified appraisers will begin preparing your custom home valuation report. Cost $150. "


There is demand for people who want to know how much their house is worth. When I used to do appraisals out of a retail store, we would get people who would walk-in and ask for a valuation. The same people going to Angies leads online looking for a home value would be the ones using my service.

I did an appraisal in 2021 where a lady sold her rural acreage for $80k less than it was worth because she used zillow and came to an agreement with a neighbor. It was bizarre because she asked me during the inspection to let her know if she got ripped off. I had no idea what she was talking about because I couldn't do research before hand given this was a private sale with no online listing. When I sat down to do the appraisal I instantly knew the buyers got a crazy good deal. I thought for a second about telling the lady about how much she got ripped off, but there was no point. That would have been a dumb phone call.

There is no question about the need. There are constant ads on the TV around here by investors wanting to pay people "a fair cash price" for their house, regardless of condition. I suspect almost every one of the individuals who fall into that trap gets hosed. Contesting assessment values is another use that cries for a quick and dirty and cheap product because that system is typically rigged to where you can't justify hiring someone to represent you in that battle. Every jurisdiction is different, but I have had people take the grid out of my restricted reports (thanks to the lying bank that engaged the appraisals) and successfully challenge their assessments.

But I have little to gauge what the effective demand would be. In 30+ years of doing this, I have done exactly one appraisal for a prospective seller, and that one was because they learned in their last, recent deal that they had left $150,000 on the table. But I think if the mortgage financing world devolves to any degree in the direction it appears to be heading, the need will expand, and sensible buyers and sellers will begin to perceive a need for objective advice. And in these circumstances, it matters less if they are lying to you about such things as condition and upgrades and critical flaws. Lenders and GSEs have a vested interest in getting appraisers to act on false information. If it works out, they are golden. If not, there is an E&O policy to tap. But what is an owner going to do, complain to the judge that they lied to you and you advised them wrongly based on their lies?

 

[J Grant]

The app would be free. It would just be the interface for my service. I could use a website too, but that wouldn't work as seamlessly with uploading pictures.

My goal is to make the process so fast, easy, modern, and shiny that people will impulse buy. They'll see an advertisement for the valuation service, look at the app/website, then start the process, upload pics, etc. Only at the very end of the process once they have already done everything, will it come up with some sort of prompt that says, "You're all set! Click the submit button below and one of our state-certified appraisers will begin preparing your custom home valuation report. Cost $150. "


There is demand for people who want to know how much their house is worth. When I used to do appraisals out of a retail store, we would get people who would walk-in and ask for a valuation. The same people going to Angies leads online looking for a home value would be the ones using my service.

I did an appraisal in 2021 where a lady sold her rural acreage for $80k less than it was worth because she used zillow and came to an agreement with a neighbor. It was bizarre because she asked me during the inspection to let her know if she got ripped off. I had no idea what she was talking about because I couldn't do research before hand given this was a private sale with no online listing. When I sat down to do the appraisal I instantly knew the buyers got a crazy good deal. I thought for a second about telling the lady about how much she got ripped off, but there was no point. That would have been a dumb phone call.go

if you believe in it, then go for it.
You did appraisals out of a retail store? How does that work...
I just think that with all the free instant valuations available that became widespread over the last several years with the explosion of so many internet RE sites, that the average person just curious to know what their house is worth would be satisfied with that. And in order to entice that average person, you are keeping your price low, so the income would not even be very good, unless I am wrong and you could build up a steady volume. It might be that the only way to find out would be to invest some $ and effort and try.

When people have a compelling need to know what their house is worth, it is at that point they either ask a RE agent or they will engage an appraiser. And then the appraiser at least gets to charge a decent fee for it.

 

[JeffSH]

if you believe in it, then go for it.
You did appraisals out of a retail store? How does that work...
I just think that with all the free instant valuations available that became widespread over the last several years with the explosion of so many internet RE sites, that the average person just curious to know what their house is worth would be satisfied with that. And in order to entice that average person, you are keeping your price low, so the income would not even be very good, unless I am wrong and you could build up a steady volume. It might be that the only way to find out would be to invest some $ and effort and try.

When people have a compelling need to know what their house is worth, it is at that point they either ask a RE agent or they will engage an appraiser. And then the appraiser at least gets to charge a decent fee for it.

I didn't explain it correctly. I worked for an oldschool company and we had an office building downtown with a sign.

You are 100% correct that I will be competing with the free solutions. But the free solutions are objectively bad. People know the algorythm can't see the inside and can't account for updating. Many times you can look at the zestimate and know right away that it's completely wrong. Plus, all the estimates vary (realtor, zillow, redfin). That doesn't lead to assurance.

This would be a also be a big advertising point. "Don't trust a silicon valley algorithm. Hire a local expert"