Appraisal order cancelled and re-assigned to another appraiser

[CANative]

I'm pretty sure Pat's "advice" was tongue-in-cheek.

 

[Don Clark]

I received an appraisal order (SFR) from an AMC. Not having had an order from them in some time my fee was too low. I told them due to all the changes (UAD, 4 sales, 2 within 90 days, 2 grided listings and on and on...) my fee is $50 higher now. Verbally said "no problem". In a short time the order was cancelled. Another appraiser I know got the order at the exact same fee I was asking for....NOT cheaper by even a penny. Is that legal per Dodd-Frank, USPAP etc? Seems like that may be a Dodd-Frank violation but not sure.

It's called competition. Why would anyone want the government to legislate competition?

 

[hastalavista]

I'm pretty sure Pat's "advice" was tongue-in-cheek.

If that is the case, then, Pat, I owe you an apology. I didn't realize you were joking.

Others, however, have offered that advice in sincerity and with vindictiveness against the AMC without (IMO) giving consideration to how it stains the appraiser's professional integrity and how it can harm an innocent borrower. That is advice I disagree with.