The Premier Online Community for Real Estate Appraisers!
-
Welcome to AppraisersForum.com, the premier online
community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.
Final Word On Coester?
- Thread starter Bob Ipock
- Start date
- Status
Evincere
Elite Member
- Joined
- Dec 30, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Florida
What crystal ball is Brian looking at to his left, or is that only a tell he is lying?
6 minutes of random, topic roaming jabberwocky embellished with eye popping and grimaces
As special effects. Hard to believe so many people,
Including a former state regulator fell for the BS
********
CoesterVMS hires former Iowa regulator
Toni Bright joins as chief compliance officer.
Prior to joining the company, Bright was in charge of multiple boards for the state of Iowa as a regulator for the last 10 years.
With more than 10 years of experience in real estate and compliance, Bright will be responsible for Coester's compliance department and have far-reaching responsibilities for state licensing, regulatory exams, privacy, quality control, fraud, consumer complaints, pending legislation, TILA, RESPA, GLB and more, the company said in a statement.
"I'm excited to work for a company that is striving to be the best in the industry in all areas of the business--including compliance, taking this position is a dream opportunity for me and I look forward to make CoesterVMS become known as the industry standard for Compliance," said Bright.
https://www.housingwire.com/articles/36791-coestervms-hires-former-iowa-regulator
****
She’s supposedly hired to monitor for High compliance standards and fraud while he’s in the back office hacking An Appraisers email for inside information. Amazing. Can’t make a script like this up even as cannon fodder for a soap opera
Last edited:
Evincere
Elite Member
- Joined
- Dec 30, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Florida
OMG.
https://www.housingwire.com/articles/46670-hw-insiders-toni-bright
Chief Compliance Officer Toni Bright knows everything there is to know about compliance in the industry, and ensures CoesterVMS maintains it to a T. She may not be the person at the front of the house, but without her and the important role she plays, CoesterVMS explained it would not be the company it is today.
Aside from the wide variety of tasks she is responsible for on a regular basis including state licensing and renewals, regulatory exams, privacy, quality control, fraud, consumer complaints, pending legislation, TILA, RESPA and GLB, she also temporarily took over the company’s HR department while CoesterVMS underwent some transitions, without a single delay or hiccup along the way.
Bright regularly ensures that the company remains in compliance with federal, state, and territorial guidelines. She not only helped establish the company’s core values but is the main enforcer of them as well.
“Toni Bright is the backbone of CoesterVMS. She not only helps steer everyone in the right direction, but she tackles any and all tasks that need to be handled head-on and with 100% effort. If you want it done right, run it by Bright!”
https://www.housingwire.com/articles/46670-hw-insiders-toni-bright
Chief Compliance Officer Toni Bright knows everything there is to know about compliance in the industry, and ensures CoesterVMS maintains it to a T. She may not be the person at the front of the house, but without her and the important role she plays, CoesterVMS explained it would not be the company it is today.
Aside from the wide variety of tasks she is responsible for on a regular basis including state licensing and renewals, regulatory exams, privacy, quality control, fraud, consumer complaints, pending legislation, TILA, RESPA and GLB, she also temporarily took over the company’s HR department while CoesterVMS underwent some transitions, without a single delay or hiccup along the way.
Bright regularly ensures that the company remains in compliance with federal, state, and territorial guidelines. She not only helped establish the company’s core values but is the main enforcer of them as well.
“Toni Bright is the backbone of CoesterVMS. She not only helps steer everyone in the right direction, but she tackles any and all tasks that need to be handled head-on and with 100% effort. If you want it done right, run it by Bright!”
Last edited:
Carnivore
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
BC is not done exploiting his flawed character. He is probably negotiating with this TV show for a % of revenues.
https://www.cnbc.com/american-greed/
https://www.cnbc.com/american-greed/
Mike Kennedy
Elite Member
- Joined
- Sep 28, 2003
- Professional Status
- Certified Residential Appraiser
- State
- New York
NotsoBright
Evincere
Elite Member
- Joined
- Dec 30, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Florida
Nutsobright. Was Apparently lacking in doing her own due diligence when it came to her own employer.
And then there’s this one who was either desperate for a job or hoodwinked.
Nov 2017. CoesterVMS adds former Dell executive as chief financial officer.
Jotheeiswary Vijayantheran joins appraisal management company.
Vijayantheran brings more than 15 years of experience in financial management, technology implementation, budgeting, pricing, and procurement finance to CoesterVMS, having experience managing regional, national, and global portfolios for companies such as Dell Asia, Australia, and Global as well as Motorolla Malaysia.
CoesterVMS, a national appraisal management company, announced this week that it added Jotheeiswary Vijayantheran as the company’s new chief financial officer.
Vijayantheran joins CoesterVMS from Dell Australia, where she was financial controller.
Most recently, Virayantheran managed Dell Australia and New Zealand Consumer and Small Medium Business channels. In this role, she oversaw the three main business channels including Direct by Dell, Enterprise, and Retail.
https://www.housingwire.com/article...mer-dell-executive-as-chief-financial-officer
***********
One can reasonably conclude Coester impressed potential clients by shrouding himself in the cloaks of other people’s experience and credibility but as the CEO, sole owner and lone decision maker, ran the company into the ground of financial debt.
Last edited:
glenn walker
Elite Member
- Joined
- Oct 11, 2006
- Professional Status
- Certified Residential Appraiser
- State
- California
Posted today (Feb. 8, 2019) on HousingWire.com was this story about the probable demise of one of the most outstanding, upstanding, well-respected AMC’s in the US …. at least in the founder’s inflated mindset:
EXCLUSIVE: CoesterVMS shuts down
Did the AMC close its doors for good?
February 8, 2019
Jacob Gaffney
KEYWORDS AMC Appraisals Brian Coester Coester Valuation Management Services Coester VMS CoesterVMS surety bonds
The office furniture is sold. The website is down. No one answers the phone. Everyone stateside is now laid off. The chief executive officer is currently focused on a new line of work.
For all intents and purposes, CoesterVMS, once one of the nation's largest appraisal management companies, is now out of business.
Recently, CEO Brian Coester told HousingWire that the company was doing well, despite what he called a mix-up in financing at the company’s bank.
Coester's last communication was via text on Dec. 13, 2018, when pressed on the health of his company: “Monday will have an update on a resolution now and have several in process that will work out well,” Coester said.
Contact then stopped, despite repeated requests for comment via telephone and text. Appraisers continue to tell HousingWire that they still aren't getting paid for valuation services they provided to the firm.
On his private social media, Coester appears to be engaged in starting a new line of business, albeit outside of the mortgage finance space.
Despite several lawsuits and surety bond claims, in addition to the facts stated above, there is a possibility that CoesterVMS may be on life support, though one former employee warned against ordering appraisals through the company.
“There is no one stateside who is still working for him, that I know,” said a source close to the matter. “No one should be sending him any business even if he is in business!!”
The real nail in the coffin, sources tell us, is Facebook posts of what they claim is the last of CoesterVMS’ office supplies being put up for sale. The post states that the office in question is moving, but if the images below are anything to go by, CoesterVMS has closed its doors for good.
This article will be updated should Coester or anyone at CoesterVMS respond to repeated attempts for comment.
AddThis Sharing Buttons
EXCLUSIVE: CoesterVMS shuts down
Did the AMC close its doors for good?
February 8, 2019
Jacob Gaffney
KEYWORDS AMC Appraisals Brian Coester Coester Valuation Management Services Coester VMS CoesterVMS surety bonds
The office furniture is sold. The website is down. No one answers the phone. Everyone stateside is now laid off. The chief executive officer is currently focused on a new line of work.
For all intents and purposes, CoesterVMS, once one of the nation's largest appraisal management companies, is now out of business.
Recently, CEO Brian Coester told HousingWire that the company was doing well, despite what he called a mix-up in financing at the company’s bank.
Coester's last communication was via text on Dec. 13, 2018, when pressed on the health of his company: “Monday will have an update on a resolution now and have several in process that will work out well,” Coester said.
Contact then stopped, despite repeated requests for comment via telephone and text. Appraisers continue to tell HousingWire that they still aren't getting paid for valuation services they provided to the firm.
On his private social media, Coester appears to be engaged in starting a new line of business, albeit outside of the mortgage finance space.
Despite several lawsuits and surety bond claims, in addition to the facts stated above, there is a possibility that CoesterVMS may be on life support, though one former employee warned against ordering appraisals through the company.
“There is no one stateside who is still working for him, that I know,” said a source close to the matter. “No one should be sending him any business even if he is in business!!”
The real nail in the coffin, sources tell us, is Facebook posts of what they claim is the last of CoesterVMS’ office supplies being put up for sale. The post states that the office in question is moving, but if the images below are anything to go by, CoesterVMS has closed its doors for good.
This article will be updated should Coester or anyone at CoesterVMS respond to repeated attempts for comment.
AddThis Sharing Buttons
- Status