- Jan 17, 2002
- Professional Status
- Certified Residential Appraiser
- North Carolina
Despite the tight market we're in, I just raised my fee about 10% on one of my biggest clients. We're seeing gas prices go up ten cents a week and there is no end in sight. I'm also taking into consideration the seeming increasing complexity of assignments that are coming my way. I've only raised my fees on this client 3 times now in the past 12 years, so I know I'm not being unreasonable. To me this was inevitable, but I wonder how many appraisers will keep their fees at the same level they were 5-10 years ago, and for how much longer.