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New year, New business?

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Deuce of Spades

Thread Starter
Member
Joined
Nov 7, 2005
Professional Status
Certified Residential Appraiser
State
Florida
So we are off to a new year! I hope that it has found all of you well and busy.
I saw in another thread that other areas like NC is doing well.
How are we doing in FL?

Personally, I am still slow. 2 REOs so far this year. I am envisioning the REO requests to start flooding in come February.
 

Wendy

Senior Member
Joined
Feb 23, 2004
Professional Status
Certified Residential Appraiser
State
Florida
Still slow over here. 5 orders so far this year.....

Calls for comp checks are up :(
 

nauthead

Senior Member
Joined
Nov 26, 2004
Professional Status
Certified General Appraiser
State
Florida
Actually quite busy so far-42 unit apartment complex with retail store, 6 quads and 6 SFR rental properties, and 6-7 SFR's. I'm trying to finish some work on our house so we can list it and was hoping it would stay slow through January. No such luck but I won't complain.
 

Tom Woolford

Elite Member
Gold Supporting Member
Joined
Nov 20, 2005
Professional Status
Certified Residential Appraiser
State
Florida
Better than December, but not up to par............
 

mwbode

Sophomore Member
Joined
Jul 5, 2007
Professional Status
Certified Residential Appraiser
State
Florida
Decent start to the year but nothing to brag about. I would say mostly REO work.
 

moretti

Junior Member
Joined
Dec 31, 2007
Professional Status
Certified Residential Appraiser
State
Oregon
FHA orders seem to be increasing...
 

Chris Colston

Elite Member
Joined
Jul 24, 2003
Professional Status
Certified Residential Appraiser
State
Florida
I've had 3 different brokers call about the same waterfront house. Seems the owner has a less than stellar credit report and is desperately trying to find anyone that will value her house $100K over what it really is. Too bad, so sad.

FHA inquiries are up. My orders for January are up 50% over December, but that's not saying much.

I did find a new MB company, opening in Melbourne, trying to hire office staff for day and night shift. I inquired, not knowing they were a mortgage brokerage. When they saw I was an appraiser I got all kinds of promises for work. There was another ad in the paper this week, so I called again, When I inquired about all that "promised" work, I was told they have appraisers for Indian River, Brevard and Orange counties that are CHEAPER on the fees, will invoice or wait for closing and will pre comp. When I asked how much cheaper, he said these other appraisers are only charging $225.00 to $275, tops!

OK, all you Indian River, Brevard and Orange county appraisers...who really is charging only $225.00 and earning a living , let alone making ends meet? Is my business and Wendy's and so many others, really this slow because of fees? Someone out there is undercutting the rest of us!! m2:
 

Wendy

Senior Member
Joined
Feb 23, 2004
Professional Status
Certified Residential Appraiser
State
Florida
Chris,

Some people just can't see the forest for the trees. All they know is they have $225. They do not comprehend that driving fees down is so very bad in the long term.

Of course, most of them are from slave shops so $225 is double what they were earning.

Sigh.....
 
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