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New year, New business?

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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.
 
Still slow over here. 5 orders so far this year.....

Calls for comp checks are up :(
 
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.
 
Better than December, but not up to par............
 
Decent start to the year but nothing to brag about. I would say mostly REO work.
 
FHA orders seem to be increasing...
 
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:
 
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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