Blacklisting

[smackodu]

what really bugs me is when appraisers stick up for realtors over other appraisers...are the random few referrels worth it?

Sometimes you kill me J Grant. I guess I should turn in my appraisers card now since I will never assume an appraiser is always right and the realtor is always wrong. There are bad appraisers out there who were never properly trained and will work for peanuts because the better paying clients will not hire them. That point was made perfectly clear to me about a month ago. I was asked to do an appraisal on a high end residential property for a good paying AMC. While doing the inspection I met another appraiser there who was working for a well known low paying AMC. The reports were being prepared for the same lender. About 2 days after the inspection I called the other appraiser to verify a few amenities and he/she started talking about the report. My report came in at $100K over the assessed value. He/she told me their report came in at $5,400,00 over my report! I never mentioned my opinion of value and no one has approached me about reconciling the differences in the reports. Do you really think I'm going to blindly back any appraiser over any realtor? Fat chance!

And if you are only getting random referrals from realtors, you are not marketing yourself properly. I am getting for than I can handle. Private work is so much easier and rewarding. No 6 hour reports and no underwriter/AMC insanity....And no J Grant I don't always hit the SC price!!!

 

[TxArmadillo]

Jgrant.....I'm tired..........so tired of fighting. I've filed complaints with the office of the comptroller of the currency against PNC bank.....to no avail. I write state reps to pass the dang Michigan AMC legislation....to no avail. My democratic state rep just flipped sides before the election 2 weeks ago and became a republican and was reprimanded (but not censored) by a city prosecutor. I've spoken to my local MLS baord about getting Realtors to enter semi correct MLS data....to no avail.
I'm tired....****ed....and want out of this BS profession if I only could afford it.

Dang, Kim. I'm sorry to hear you say this. Maybe a short siesta (vacation) is in order.

 

[Cob]

Sometimes you kill me J Grant. I guess I should turn in my appraisers card now since I will never assume an appraiser is always right and the realtor is always wrong. There are bad appraisers out there who were never properly trained and will work for peanuts because the better paying clients will not hire them. That point was made perfectly clear to me about a month ago. I was asked to do an appraisal on a high end residential property for a good paying AMC. While doing the inspection I met another appraiser there who was working for a well known low paying AMC. The reports were being prepared for the same lender. About 2 days after the inspection I called the other appraiser to verify a few amenities and he/she started talking about the report. My report came in at $100K over the assessed value. He/she told me their report came in at $5,400,00 over my report! I never mentioned my opinion of value and no one has approached me about reconciling the differences in the reports. Do you really think I'm going to blindly back any appraiser over any realtor? Fat chance!

And if you are only getting random referrals from realtors, you are not marketing yourself properly. I am getting for than I can handle. Private work is so much easier and rewarding. No 6 hour reports and no underwriter/AMC insanity....And no J Grant I don't always hit the SC price!!!

We know you get referrals and private work from Realtors, you have stated that HUNDREDS of times on this forum, some appraisers are content on not getting referral/appraisal work through Realtors, there is all kinds of other private work out there that has nothing to do with a Realtor/Agent. The funny thing is as soon as I saw J Grant comment I somehow knew you would be responding to it and I was right.

You want to get referrals from Realtors that's great, more power to you, great work if you can get it, I just don't think everyone on the forum needs to be informed of it on a regular basis.

 

[J Grant]

Smackdou, that was questionable, you called the other appraiser to "verify amenities", and then end up discussing report results with them. The reason a lender client orders two appraisals is get two independent opinions, not for the appraisers to call up and compare notes. YOU called the other appraiser, they did not call you, and now you are trashing him over the internet. What I was saying...

 

[Riick]

If they used the word "blacklist" then complaining to both the Local
(or if they have too much influence locally, the State)
Realtor board is appropriate action.
Nip it in the bud as quickly as possible.

Stop it now!
Do not allow yourself to be the lobster boiled in the slowly heated pot.

.

 

[smackodu]

Smackdou, that was questionable, you called the other appraiser to "verify amenities", and then end up discussing report results with them. The reason a lender client orders two appraisals is get two independent opinions, not for the appraisers to call up and compare notes. YOU called the other appraiser, they did not call you, and now you are trashing him over the internet. What I was saying...

They got 2 independent opinions or did you miss that part?

 

[smackodu]

We know you get referrals and private work from Realtors, you have stated that HUNDREDS of times on this forum, some appraisers are content on not getting referral/appraisal work through Realtors, there is all kinds of other private work out there that has nothing to do with a Realtor/Agent. The funny thing is as soon as I saw J Grant comment I somehow knew you would be responding to it and I was right.

You want to get referrals from Realtors that's great, more power to you, great work if you can get it, I just don't think everyone on the forum needs to be informed of it on a regular basis.

And every time I mention it, you remind me that I mention it.

Amazing how everyone whines and moans about their clients and realtors. I suggest use realtors to get better clients. Obviously you don't like the suggestion or the number of times it is suggested.

 

[J Grant]

I don't call another appraiser when I have an assignment where 2 of us are sent out...and I have never been called by any of them....whatever....

 

[Cob]

And every time I mention it, you remind me that I mention it.

Amazing how everyone whines and moans about their clients and realtors. I suggest use realtors to get better clients. Obviously you don't like the suggestion or the number of times it is suggested.

Please don't lump me in with the "everyone whines and complains about their clients and realtors" crowd as I rarely come on this forum to complain about my clients or realtors. I have what I consider to be good clients IMO anyway and I also know some realtors here in Austin that I do private work from time to time, I just don't feel the need to let everyone know about it.

I had an agent call me yesterday who got my number from a friend of mine, she wanted to know if I was Chase approved or could perform appraisals for Chase, I said no thank you. That is just another example of how getting referrals from a realtor is not always a home run or in everyone's best interest, you say you "suggest" using a realtor to get better clients, it's not that I don't like the suggestion it just boggles my mind that you think that appraiser aren't aware of this.

Most are aware of this and choose not to go this route and choose to go after private work from attorney's. home owners, estate planners, etc., most are aware that realtors can provide a source for private work, but some of us are also aware that there is plenty of non lending work out there from other sources also.

 

[residentialguy]

I just had a listing agent call me po'd. Not at the value, which was over contract...it was FHA and his REO didn't pass. So he started in on that I reported the wrong price on comp 6 and I shut him down immediately and said I can't talk to you about it. He said, ok, who do I talk to at the state board...I stopped him again and said, it's a 45 page report. I'm not worried....but you should be as you have ethics that you're supposed to be working by. "click"

btw....the listings price of that pending sale was 140k...but the sale price that I reported on the sale price line was 150k, which was verified by both agents as the contract price.