Just for...

[rcwessel]

Got a call yesterday from a newby - actually not even licensed yet. Taking
the test in two weeks but wants to find an appraiser who will review and sign-off on his reports. Claims to have a neighbor who is a mortgage broker who will give him 300-400 deals per month.
What it boils down to is this - he would like to pay someone 20% fee for review and sign-off. I explained the liability issue to him and our training process (the reasons we take 65% and pay newbies 35% to start). Did not sit too well with him, I guess, I have yet to hear back.

Any thoughts?

 

[wyecoyote]

Some people think this is a get rich quick business. Perhaps he will learn or be taken on by some number hitter and turn out just as bad.

 

[Pamela Crowley (Florida)]

300 - 400 per month, huh?

Well, we already know he exagerates - big time!!!! Next question is: What do you know about that mortgage broker? Bet he's an honest appraisers nightmare.

 

[Tim Hicks (Texas)]

How would you have time to review 300-400 per month? How would he have time to appraise 300-400 per month?

 

[Frank Bertrand]

maybe drivebys with no forms to fill out?