rancrdk- As I read through these Posts & others, it is becoming very clear to me that there ARE adequate numbers of "what will we call them" doing these 1004P -type services
for FEEs much less than what I would call "acceptable" FOR operating a business. Including the inspection or the form parts, no matter.
Once again, " setting this LOW Fee Range Offering as Standard or Typical " = we hang ourselves by those who won't hold out & request fees
that would cover the OFFSET of lack of FULL FEE work.
I was trying to convey same in my it is not an hourly rate thread. If appraisers fall for the $50 fee from a client-as $50 is an okay hourly rate"- that appraiser is an IDIOT. These clients are not providing 8 hours a day volume , rather a scattering of orders with fast turn times that disrupt other work. ( fees seem not for 1004P, rather for desktop hybrids //reviews, but 1004 P will see same problems )
We can't say what a fee "should be" ...try double what is offered when it is a low fee - It has to be worthwhile to stay in business .
There is fear present- appraiser fear if we don't work cheap they will use an AVM- if a client orders an appraisal, they have already vetted the property or loan and need an appraisal and can' use an AVM.
Staff appraisers share blame for the exploitation of appraisers by clients who think appraiser are chumps- it starts at the staff level because many staff appraisers accept low base salaries that makes them pump out volume for meager bonus per order, instead of insisting on a professional level base salary.
