Bill Streep
Junior Member
- Joined
- Jul 7, 2005
- Professional Status
- Certified Residential Appraiser
- State
- Texas
Just an update - I've NOT moved forward from them. I have a good friend who did one for them 2 months ago. The check was cut and mailed EXACTLY 60 days after the invoice date. Interestingly, that is TEXAS LAW.
So, I'm thinking. I just raised my best client up to $400 (wonderful client, NO hassles, pretty easy work), that pays within 2 weeks of the appraisal. When I send one in, the send me another - usually 3 outstanding at any time.
So... Why in the WORLD would I take on these folks? I mean, the LO is a friend of mine. But, they pay only $350 (please take note all of you appraisers that are taking $200-250 from these guys) in the 7th largest city in the US. Then, they want to wait until the LAST DAY to pay!
I'm thinking of countering with $400 and 30 days. I'll take ONE order, and see how you do. How does that sound?
Just a note: I'm being 100% honest on the fees. I KNOW there are folks that will read this and choke. Don't ask me how I know, but I do. Seriously, if you are doing work for these folks (or any other AMC) and aren't getting $350 to $400 for a "cookie cutter" appraisal, you are leaving serious coin on the table.
So, I'm thinking. I just raised my best client up to $400 (wonderful client, NO hassles, pretty easy work), that pays within 2 weeks of the appraisal. When I send one in, the send me another - usually 3 outstanding at any time.
So... Why in the WORLD would I take on these folks? I mean, the LO is a friend of mine. But, they pay only $350 (please take note all of you appraisers that are taking $200-250 from these guys) in the 7th largest city in the US. Then, they want to wait until the LAST DAY to pay!
I'm thinking of countering with $400 and 30 days. I'll take ONE order, and see how you do. How does that sound?
Just a note: I'm being 100% honest on the fees. I KNOW there are folks that will read this and choke. Don't ask me how I know, but I do. Seriously, if you are doing work for these folks (or any other AMC) and aren't getting $350 to $400 for a "cookie cutter" appraisal, you are leaving serious coin on the table.
