- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
I have been getting this question a lot lately. I appraise a house that sold 6 months to three years ago and now they want me to do a new appraisal for refinance. Well, you already have all the information, can we get a discount on the appraisal fee? I kindly explain that I stiil have to do a new report, but the only real time I will save is the actual measuring of the property and that is if they have made no changes. If it is a good client, I will give them $50 discount if they ask. I never volunteer a discount, but I wonder when they are going to start asking why I didn't offer when they don't ask. I did ask the loan officer one time how many points they were knocking off since they did the loan before, but that didn't go over too well. How about you guys and girls?