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?
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?