Appraiser Trainee Running Their Own Business?

[Michigan CG]

Once I joined, it became a 50/30/20 split.

$80 on a $400 fee. That sucks. Too many hands in the cookie jar.

 

[ICT RE]

$80 on a $400 fee. That sucks. Too many hands in the cookie jar.

Add an AMC in there and it is four parties wanting a slice of revenue for work completed by just one person.

 

[Zephyr999]

Hmm...highly advise review of this link. New news on Independent Contractor status as relates to appraisal.

http://www.liability.com/publications/2018/independent-minded.aspx

 

[Cooper8]

$80 on a $400 fee. That sucks. Too many hands in the cookie jar.

Yea. It’s a little brutal. Price to pay to get certified though I guess.

 

[Dale Floyd]

Small town real estate agents do this all the time. A non-broker owns the company, and hires an older or retired broker to be the agency broker.

Contractors only though.

 

[Cooper8]

Small town real estate agents do this all the time. A non-broker owns the company, and hires an older or retired broker to be the agency broker.

Contractors only though.

Very true. Makes sense!

 

[Cooper8]

Hmm...highly advise review of this link. New news on Independent Contractor status as relates to appraisal.

http://www.liability.com/publications/2018/independent-minded.aspx

Thanks for sharing!

 

[Overimprovement]

What exactly is precluding your supervisor from wanting to 'be on their own'? Age is not a reason. Is there some reason they cannot get work on their own? Some non-compete agreement with the current owner?

If you could source work would supervisor do it then?

 

[Cooper8]

What exactly is precluding your supervisor from wanting to 'be on their own'? Age is not a reason. Is there some reason they cannot get work on their own? Some non-compete agreement with the current owner?

If you could source work would supervisor do it then?

My supervisor is nearing 70 and not tech savvy. He has no desire to start a company, put up all the upfront costs of getting his own software, E&O etc. He doesn't have a non compete, just doesn't have the desire.

 

[Cooper8]

Add an AMC in there and it is four parties wanting a slice of revenue for work completed by just one person.

Exactly!!