Gratuity

[KinIL]

For the first time in my relatively short career (relatively speaking), I was offered a "tip" (presented much differently than a "bribe"). I turned it down, as I'm sure most would, due to how it could easily be construed. The homeowner insisted citing my promptness to the appointment and willingness to thoroughly explain both what I was doing during the inspection and what the actual appraisal would consist of.

I'm sure there will be suggestion of how it would impact subconscious bias, or that as a professional anything that would be considered "tip" worthy would be included in a fee, but I'm curious what everyone else thinks on the matter.

 

[Tony V]

For the first time in my relatively short career (relatively speaking), I was offered a "tip" (presented much differently than a "bribe"). I turned it down, as I'm sure most would, due to how it could easily be construed. The homeowner insisted citing my promptness to the appointment and willingness to thoroughly explain both what I was doing during the inspection and what the actual appraisal would consist of.

I'm sure there will be suggestion of how it would impact subconscious bias, or that as a professional anything that would be considered "tip" worthy would be included in a fee, but I'm curious what everyone else thinks on the matter.

And there is your answer....If/when the poop hits the fan.....how is the HO gonna remember it...

 

[Elliott]

Did an appraisal for a retired dermitologist and he wrote
me a nice thank you note on a prescription pad....I put it on
my refrigerator, makes me feel better than a $20 bill.

 

[Joker]

I'd keep the bribe, er I mean tip. I can be bought, but I ain't cheap.

 

[Lloyd Bonafide]

Kyle -


As an ethical appraiser, you absolutely cannot accept that "tip" or bribe.


You can accept a commission, however.

 

[ALLEN3686]

OK people here is the deal. you can take it just include it in your invoice as the cost of the appraisle. example: If you charge 350 for a sf on your invoice put 400.00 single family paid in full.

 

[Oregon Doug]

OK people here is the deal. you can take it just include it in your invoice as the cost of the appraisle. example: If you charge 350 for a sf on your invoice put 400.00 single family paid in full.

And many of you in this forum express concern about the current status of the appraisal profession.

Oregon Doug

 

[Kevin Mc]

That depends.

Kyle -


As an ethical appraiser, you absolutely cannot accept that "tip" or bribe.


You can accept a commission, however.

I did work many years ago for a ethnically specific bank. When their New Year came around all the borrowers offered cash tips,candy,liquor you name it, they offered it. Of course we all turned it down then proceeded to get yelled at by the president of the bank for insulting his customers by refusing their gratuities( apparently its a tradition for any guest in their home during the New Year week). We accepted them from that point on. Before the ratpacking begins, this was pre licensing and USPAP.

 

[Webbed Feet]

OK people here is the deal. you can take it just include it in your invoice as the cost of the appraisle. example: If you charge 350 for a sf on your invoice put 400.00 single family paid in full.

Mr. Allen,

Ok, here is the deal. Shall we see how confident you are telling an entire country full of appraisers to do this? Come back and post your real name and license number so I can forward your post to your State appraisal board for their reaction regarding a borrower wanting to pay an appraiser more money than the appraiser quoted to the appraiser's client. Something I personally would not allow until I had a statement, in writing, from my State appraisal board regarding their outlook of accepting that under the USPAP Ethics Rule.

Not to mention the little stunt of altering your invoice to make it appear as if that was your original quoted fee to your client. Something that could violate the client's obligations under their good faith statement to the borrower.

I believe you have left out of your post exactly who told you this could be done, how it is within compliance under USPAP, how it complies with lending requirements, and how it is every State in the Union's appraisal board agrees with this.

I stand ready to be enlightened on this topic.

Webbed.

 

[Mr Rex]

Next time tell them to send it to the Betty Boop fund.:icon_idea: