That message board can be an eye opener and a bit depressing!
It demonstrates the extent of the disrespect and even contempt our clients have for us.. Lovely.
The message from the orignial poster is appraiser=anoyance.. Gratefully, most of the posters, for a variety of reasons, did feel it paying the appraiser was the "right thing to do"; what is a bit disappointing is that most seemed to miss the point that being stood up for an apt / cancelation at the door is not just time spent , it's also missed opportunity to complete other work for which we are paid! The post drawing the comparsion re: his fees as a referee "got it"
the one who started the post (Dan?) is an idiot. Yes, there are idiot mortgage brokers. The good news is that the majority of those who posted had the right idea.
Yes, some of our clients see appraisers as annoying, unreasonable, narrow minded, etc, etc
Read what gets posted here and you quickly get the impression that appraisers think very bad things about brokers. And if a mortgage broker were to judge by this forum, they would get the impression that all appraisers have disdain for all mortgage brokers.
Wonder why he is complaining he gets his 2 to 3+ percent commision on the house which is way more than the 275 + 75 paid to the appraiser. Which typically gets passed onto the borrower.
Most of them seemed to get the idea to go ahead and pay the appraiser and understood the cost of doing business. But some of them don't. As far as the appraiser is concerned sounds as though he is well rid of he guy and for every client you lose you always seem to pick up another one or two. To me weed through the bad ones to find the diamonds in the ruff.
I just read the entire post and replies and want to SCREAM! I just had this happen to me! I show up at the door and the borrower (in his jammies) says, "Oh, I cancelled the loan yesterday afternoon. Didn't Mr. Mortgage Broker call you?"
Now, this was AFTER spending the morning checking comps, driving 45 minutes in traffic and getting up early to make an 8am appointment (which I had confirmed the previous morning). Mr. Mortgage Broker is balking at paying me a trip fee.
It's really upsetting that there is a basic lack of understanding about the business and how we all fit in the puzzle (Realtors, inspectors, appraisers, lenders, mortgage brokers, borrowers, buyers, sellers!). Appraisers b*%ch about lenders, Realtors, borrowers...lenders b*%ch about appraisers...borrowers b*%ch about Realtors...the cycle is never-ending!
Why can't we all just get along! (naive, I know! tee hee)