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Ever Wondered Who's Selling Us Out?

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Alison Swain

Senior Member
Joined
Sep 13, 2005
Professional Status
Certified Residential Appraiser
State
Florida
How many times have we all posted here about AMC's dissing us by paying 50% of a typical fee? Well, if you ever needed evidence that some appraisers are voluntarily destroying the profession, just email me at [email protected] and I'll gladly send you the link for a local firm who advertises their fee schedule with 50% of a typical fee for a 1004. No charge for a Rent Schedule and no charge for an Operating Expense Report. AND they promise 24-hour turn-around. :new_all_coholic:


Pam's on the case and she's pizzed!



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Roy Courtney

Senior Member
Joined
Dec 8, 2006
Professional Status
Certified General Appraiser
State
Texas
WHO IS SELLING US OUT?

WE are selling ourselves out! All WE have to do is just say no. It is such a simple concept! We will never be able to keep skippy from jumping at the chance to work for these AMCs. However if enough of us say no they will not be able to survive. The ones working for these low fees will starve out soon anyway. That gives me hope!
 

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
WHO IS SELLING US OUT?

WE are selling ourselves out!
too right

I agree. Low fees breed mistakes. You have to make production. When you do that blindly, then the results will be mistakes. big mistakes. Eventually that catches up with you.
 

Alison Swain

Senior Member
Joined
Sep 13, 2005
Professional Status
Certified Residential Appraiser
State
Florida
Google FHA appraisals - Orlando. See who comes up first.....
 

Richard Carlsen

Elite Member
Joined
Jan 15, 2002
Professional Status
Licensed Appraiser
State
Michigan
Question: Since when is a company's pricing considered "selling out"? Pricing of services by an independent business entity is an individual business consideration. It is not something that is voted on and agreed to by the appraisal business community. If there is collusion to artificially maintain high prices, that is call "price fixing".

I would be very careful attacking someone because of their "pricing" schedule. To criticize someone for unethical conduct or violation of USPAP standards is one thing. To attempt to pressure them or set them apart or create a higher cost to the consumer is walking on very, very thin ice. You really don't want to go there.

If you have time to worry about the competitions pricing and post it here plus email Pam, you obviously have too much time on your hands and need to tend to your own business or lack of it.

All of this carping about the low fees and what other appraisers are charging sounds like a bunch of 3 and 4 year olds complaining that someone else got more juice than they did.

Time to grow up.
 

SANDY

Senior Member
Joined
May 17, 2007
Professional Status
Appraiser Trainee
State
Florida
I am not so sure- $45 for BPO like crap valuation is still about $45/hour compared to let's say $300 for poundage appraisal that takes 4 hours or $75/hour. Might be as low as $60/hour for 5 hours for heavy duty poundage folks. Break even point on volume $45/hour products is not that far away especially when fewer and fewer clients want the poundage.
I would not bet against the cheap and fast product over the poundage product unless something is done to level the playing field.
Don't kill the meesenger!
 

Kevin Mc

Elite Member
Joined
Jun 7, 2004
Professional Status
Certified Residential Appraiser
State
New York
Who is doing all the appraisals and covering all that turf? Staff profiles reveals 1 appraiser.
 

Wendy

Senior Member
Joined
Feb 23, 2004
Professional Status
Certified Residential Appraiser
State
Florida
I can't remember my state regs - someone help me...

Are trainee's allowed to own appraisal companies in our great state?

---------------
PS - the fees really chapped me, but I've come to the conclusion that stupid is taking over our profession.
 

Alison Swain

Senior Member
Joined
Sep 13, 2005
Professional Status
Certified Residential Appraiser
State
Florida
Question: Since when is a company's pricing considered "selling out"? Pricing of services by an independent business entity is an individual business consideration. It is not something that is voted on and agreed to by the appraisal business community. If there is collusion to artificially maintain high prices, that is call "price fixing".

I would be very careful attacking someone because of their "pricing" schedule. To criticize someone for unethical conduct or violation of USPAP standards is one thing. To attempt to pressure them or set them apart or create a higher cost to the consumer is walking on very, very thin ice. You really don't want to go there.

If you have time to worry about the competitions pricing and post it here plus email Pam, you obviously have too much time on your hands and need to tend to your own business or lack of it.

All of this carping about the low fees and what other appraisers are charging sounds like a bunch of 3 and 4 year olds complaining that someone else got more juice than they did.

Time to grow up.



Little slow there yourself, are you, Richard? :leeann:


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