Appraising for banks

[Midwest Guy]

Courthouse?

Walk in their door and ask for it. That's the first thing you need to do. They ought to at least know who you are when you do. After all, I don't do business by proxy, nor expect my clients to.

I continue to be amazed at the number of appraisers who have never sit foot in a bank nor a courthouse.

 

[Karl]

Walk in their door and ask for it. That's the first thing you need to do. They ought to at least know who you are when you do. After all, I don't do business by proxy, nor expect my clients to.

I continue to be amazed at the number of appraisers who have never sit foot in a bank nor a courthouse.

Now EVERYBODY is going to be going after Bail Bond Appraisals.

 

[The Warrior Monk]

I continue to be amazed at the number of appraisers who have never sit foot in a bank nor a courthouse.

I suspect over the course of the next couple of years many appraisers will be stepping into a courthouse....

as defendants.

 

[Kevin Mc]

Ed, 5 words.

Kevin:


Four words: caller id, voice mail.

I don't work for them.

 

[Kevin Mc]

I do em.

Now EVERYBODY is going to be going after Bail Bond Appraisals.

Good work if you can get it.

 

[Kevin Mc]

One can only hope.

I suspect over the course of the next couple of years many appraisers will be stepping into a courthouse....

as defendants.

.............

 

[Liz Mura]

Any tips on how to get business from credit unions?

I contacted just about every Credit Union in the Phoenix area. Most would not even accept my application. One told me that they had used the same appraiser for 6 years, but wanted to know what I would charge them? As I know Credit Unions like to "save their members money", I went down a bit from my regular fee of $350. She told me that her regular appraiser only charges $175 and if I wanted work from them, I would have to discount THAT fee by 50%!!! Wow a whopping $87 or LESS per appraisal. I told her no thanks.

 

[Alisa]

I contacted just about every Credit Union in the Phoenix area. Most would not even accept my application. One told me that they had used the same appraiser for 6 years, but wanted to know what I would charge them? As I know Credit Unions like to "save their members money", I went down a bit from my regular fee of $350. She told me that her regular appraiser only charges $175 and if I wanted work from them, I would have to discount THAT fee by 50%!!! Wow a whopping $87 or LESS per appraisal. I told her no thanks.

Unbelievably horrible! I just can't imagine doing a 1004 for $175 let alone $87. I can't understand how they expect a good work product for that
fee.

My mother used to say, "You get what you pay for."

 

[Ty Sutton]

marketing...

get out there... do a QUALITY job...

 

[HKnowles]

Man, you guys are SHARP.

I listed to do BPOs because CGs, RAA, SRAs shut the door on me. Since you experienced Pros are not helping on the mentoring side, I have to understand and do BPOs to survive. Of course, I maintain my USPAP and integrity as I perform them, but the aloof, holier than thou perspective of established appraisers is not helping trainees.

CUs are the same in Atlanta. I have to muscle my way in for AMCs to give me an order. Its tough, but real. I "negotiate" with inspection clients to order the appraisal through me so I can have a bargaining chip with supervising appraisers.

You old schoolers have to change your mental perspective...QUICKLY