Hybrid

[George Hatch]

The thing is we all know that regardless what the fee is, you would do all the work that is supposed to be done. I'm just not convinced that the people saying they complete them in under a hour are doing everything they are supposed to. Either intentionally or just by not knowing.

I expect *everyone* who hangs out here would do what they have to do in any assignment they had accepted, and regardless of whether the fee was a winner or a loser for them.

Speaking of which, I just spent 3 days on an assignment that I bid at $500. It blew up in my face. That's an occupational hazard. I can't afford to get burned like that very often, so I try not to make it habit but stuff happens when you find yourself working outside the box. Now I gotta catch up.

I think that one point of contention here is the extent to which people are interpreting the requirements for these assignments. SR1-2 relates your scope of work decisions to the intended use, which in turn speaks to the expectations of the users.

If your version of "what's required" includes making phone calls to verify the details of the transaction but that's not one of the expectations of the user for that assignment you've assumed a burden that you're probably not going to get paid for. . If your version of doing a quantitiative analysis involves developing and providing an RA for every adjustment but that's not one of the expectations for the assignment then you're probably not going to get paid for that additional work.

 

[Joe Flacco]

I expect *everyone* who hangs out here would do what they have to do in any assignment they had accepted, and regardless of whether the fee was a winner or a loser for them.

Speaking of which, I just spent 3 days on an assignment that I bid at $500. It blew up in my face. That's an occupational hazard. I can't afford to get burned like that very often, so I try not to make it habit but stuff happens when you find yourself working outside the box. Now I gotta catch up.

It happens.

 

[ucbruin]

What does 3 days mean? 24 hours, 72 hours, etc.?

 

[djd09]

Hold on. Mr Hatch underbid an assignment, but is doing work appraiser like me won't do. wow. No under bidding here buddy. Batter up.

 

[George Hatch]

What can I say? I have a plan. I don't chase fees. I chase relationships. Some of mine go back as far as 20+ years. 100% of my work comes in by referral. I don't do any marketing and I don't submit resumes. I don't even have a website. I'm 2 weeks out at this moment, ain't none of them an SFR.

 

[Meandering]

I expect *everyone* who hangs out here would do what they have to do in any assignment they had accepted, and regardless of whether the fee was a winner or a loser for them.

Speaking of which, I just spent 3 days on an assignment that I bid at $500. It blew up in my face. That's an occupational hazard. I can't afford to get burned like that very often, so I try not to make it habit but stuff happens when you find yourself working outside the box. Now I gotta catch up.

I think that one point of contention here is the extent to which people are interpreting the requirements for these assignments. SR1-2 relates your scope of work decisions to the intended use, which in turn speaks to the expectations of the users.

If your version of "what's required" includes making phone calls to verify the details of the transaction but that's not one of the expectations of the user for that assignment you've assumed a burden that you're probably not going to get paid for. . If your version of doing a quantitiative analysis involves developing and providing an RA for every adjustment but that's not one of the expectations for the assignment then you're probably not going to get paid for that additional work.

When do you find time to appraise while working for AMCs pushing kool aid to residential appraisers?

.

 

[djd09]

I started in 1999. The HVCC stoled my clients. Yours?

How is Cuomo and his crooked bribing compadre?

 

[George Hatch]

When do you find time to appraise while working for AMCs pushing kool aid to residential appraisers? .

So is that an argument of relevance to this thread? Do tell.

 

[George Hatch]

I started in 1999. The HVCC stoled my clients. Yours?

How is Cuomo and his crooked bribing compadre?

By 1999

It had already been 5-6 years since my most recent MB-engagement.
I had already held my CG for 7 years, and I was only appraising SFRs 1-2x per month; usually by direct engagement by regulated lenders or by attorneys
I had already been teaching USPAP and a dozen other CE topics to appraisers for 3 years. I was teaching 3-4 days a month. The USPAP/Laws combo days were 11 hours of instruction

And no, the HVCC didn't touch me except to the extent I was taking heat for telling appraisers that the business environment was changing and they needed to adapt. Kind of like what's happening right now.

 

[djd09]

So you were the pie piper of the AMC's model and now the hybrids. I see.

Why is it the appraiser always adapting to crooked lenders. Public trust?