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Nobody Is Ready Yet For The UAD Crap

Since i only do several a week now, semi-retirement. I will do a 3.6 for my direct lenders the 1st time. I can normally raise my fee for a good reason after that 1st one. Some of my direct lenders may raise the fee for the new form. I don't think that anyone knows what will happen after you do the 1st one and it gets sent, waiting for revisions. I think that it will take longer from my minimal playing with it. It is a truly annoying form, i mean novel, that doesn't follow the appraisers routine.

I'm hoping for $600 to start, then $750 for the time torture. I know one of the top people at a major lender, so i can call, and cry, how bad it is after the 1st one. One can only hope that the 3.6 isn't an existential threat to your business model.
 
Tom D said:
One can only hope that the 3.6 isn't an existential threat to your business model.
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Isn't that kind of like living in Berlin in 1944, and hoping that you've seen your last American Air Raid? :unsure:
 
Tom D said:
Since i only do several a week now, semi-retirement. I will do a 3.6 for my direct lenders the 1st time. I can normally raise my fee for a good reason after that 1st one. Some of my direct lenders may raise the fee for the new form. I don't think that anyone knows what will happen after you do the 1st one and it gets sent, waiting for revisions. I think that it will take longer from my minimal playing with it. It is a truly annoying form, i mean novel, that doesn't follow the appraisers routine.

I'm hoping for $600 to start, then $750 for the time torture. I know one of the top people at a major lender, so i can call, and cry, how bad it is after the 1st one. One can only hope that the 3.6 isn't an existential threat to your business model.
Click to expand...
I hope you don't mind if I borrow that term. When I begin counter offering 3.6 assignment requests and they ask for a reason for the premium fee, time torture just about covers it all :)
 
Alsie35 said:
Clowns. Who run their orders on a borderline useless platform. They will shortly learn, as will all other purveyors and collaborators, that NO ONE will do their 3.6 dreck. Its gonna start hitting the fan post-1/26, when the lenders who try ordering this **** find - NO TAKERS. Oh I cannot wait. :popcorn:
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Agree 100%
 
Tom D said:
Since i only do several a week now, semi-retirement. I will do a 3.6 for my direct lenders the 1st time. I can normally raise my fee for a good reason after that 1st one. Some of my direct lenders may raise the fee for the new form. I don't think that anyone knows what will happen after you do the 1st one and it gets sent, waiting for revisions. I think that it will take longer from my minimal playing with it. It is a truly annoying form, i mean novel, that doesn't follow the appraisers routine.

I'm hoping for $600 to start, then $750 for the time torture. I know one of the top people at a major lender, so i can call, and cry, how bad it is after the 1st one. One can only hope that the 3.6 isn't an existential threat to your business model.
Click to expand...
I've received requests lately to affirm I'm 'certified' to do 3.6 appraisals. I tell them sure, I'm ready, but my minimum residential fee starts at $600 net. I neither expect, nor want any takers. Frankly, this is the one opportunity I see for appraisers to advise-in-advance that we've had enough nickel and diming, tech fees, quote bids, tight turn times, robot-report-checkers and all the other bull. And, BTW, who's going to pay for these higher fees? ...the borrower? ...the lender? ...all because the GSE's want to make more profit in future by using our more in-depth micro-inspections digitally uploaded for the future purpose of eliminating most of us?

I'm phasing back into doing real estate sales as the 2.6 is phasing out. Frankly, I prefer appraising, but I'm just weary of the continual chipping-away at our income, even for complex stuff. Had a talk with hubby yesterday re: current wages, and how we haven't kept up doing appraisals. And I told him that the one thing that typically floats in vicinity of cost of living increases is real estate. In the 80's my average sale price was $43,000, 50/50 of 6% commission in my own shop. Then around 2000 my average sale was $250,000 at 50/50 of 6%. Now my average sale is $630,000 at 80% of 4%. So back to selling it is.
 
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