Has Anyone Completed A 3.6 Yet

[shrubberyvaluation]

View attachment 109139

Its not really the form, its that they won't pay for the work required, no one would be complaining about it if they were going to get $2k a report.

 

[archetype]

Thank alebrewers con man mascot for $6 a gallon/going up gasoline! Time to semi retire to a part time stress free job to pay for the higher cost of living due to you know who!

 

[alebrewer]

Thank alebrewers con man mascot for $6 a gallon/going up gasoline! Time to semi retire to a part time stress free job to pay for the higher cost of living due to you know who!

That's exactly why the avatar is used. To draw attention to his Jesus complex. I mean, narcissism is one thing, but dressing like Christ to bless and heal folks? Gotta admit - he goes big or goes home.

 

[Sandra Koutsopoulos]

The quandary, of course, is whether to pay license renewal of $1000+ plus CE, plus databases, plus software lease, plus E&O Ins, plus $1700 MLS fees to 'semi-retire' doing this work. For me, it's $800/month before I even gas up the car at $6.1999/gal. You're in the hole if paying cost of staying in this business on your SS check or working for ANY kind of paycheck. So, you either IS or AIN'T in biz.

 

[Non Sequitur]

I just heard from a client, their drop dead date is August 1. I asked about multi-family, the answer was "we haven't thought about those." Fun times ahead.

 

[Trihard]

View attachment 109139

Which AMC is this?

 

[archetype]

Ain't. Stress free job is not dealing with AMC's, ignorant underwriters and pompous brokers!

 

[George Hatch]

The quandary, of course, is whether to pay license renewal of $1000+ plus CE, plus databases, plus software lease, plus E&O Ins, plus $1700 MLS fees to 'semi-retire' doing this work. For me, it's $800/month before I even gas up the car at $6.1999/gal. You're in the hole if paying cost of staying in this business on your SS check or working for ANY kind of paycheck. So, you either IS or AIN'T in biz.

If someone believes that 30% of the appraisers will retire outright and another 10+% of all appraisers will withdraw from the GSE pipelines then at this point then they would also need to consider what such an abrupt change would do to the supply/demand dynamic.

Fees are already different by locale due primarily to the supply/demand situations, so that stands as demonstrated proof of concept of what happens when there are fewer "we'll just go find someone else who will" for the lenders and AMCs to go find.

On the other hand, if someone is not confident that the mass extinction event will unfold as such then their expectations going forward might be different.

 

[Lil Rhody]

Its not really the form, its that they won't pay for the work required, no one would be complaining about it if they were going to get $2k a report.

Have you seen any client fee schedules or a C&R analysis for the completing the new form?

 

[Bobby Bucks]

I just heard from a client, their drop dead date is August 1. I asked about multi-family, the answer was "we haven't thought about those." Fun times ahead.

I enjoy getting the occasional emails from "real banks" that are usually sent by a bank staff appraiser/manager type which is a lengthy, professional question about 3.6 which can be translated/summarized into plain language as "What is really going on with the 3.6? We don't and can't believe anything being told to us by the high and mighties."