Staff Appraiser for Wells Fargo or B of A? Pro's & Con's

[Tru Red]

Looking for opinions & thoughts from those of you who may have been or currently are "Staff Appraisers" for a large national/internation bank.

Looking at potentially coming on board as a staff appraiser (employee) for a financial institution. 40 hours per week; M-F, weekends off. Mostly high-end homes (think Bay Area, Manhattan, Hawaii, San Diego, etc). Production numbers expected. MLS paid. E & O paid. Laser, laptop, tools, etc., provided. Full benefits package. Mileage paid. $100K per year with bonus potential.

Thoughts from anyone who was or is a staff appraiser?

 

[jay trotta]

12 months you may replicate your picture; Good Luck

 

[Hylopeeko]

12 months you may replicate your picture; Good Luck

Lmbo

 

[glenn walker]

Friend who is Wells Fargo staff for last 8 years in Bay Area . He works up to 65 plus hours a week has to work on Saturdays and Sundays to keep up with quotas. Have no idea about B & A but most likley a similar type operation. Not unless you are 25 to 35 years old-single and can work day and night. P.S. His wife divorced him and he now lives in a One bedroom Studio which cost him $4,000 a month : )

 

[Tru Red]

Friend who is Wells Fargo staff for last 8 years in Bay Area . He works up to 65 plus hours a week has to work on Saturdays and Sundays to keep up with quotas. Have no idea about B & A but most likley a similar type operation. Not unless you are 25 to 35 years old-single and can work day and night. P.S. His wife divorced him and he now lives in a One bedroom Studio which cost him $4,000 a month : )

Interesting. Thanks.

 

[glenn walker]

Interesting. Thanks.

Hey maybe he is just a cry baby so I would certainly talk to someone who works for them I had family that worked for B & A but their divisions were sold off to Corelogic and I didn't even know B & A had staff anymore.

 

[Charles West]

I was on staff for seven years with a similar bonus type situation. 40 hours a week is a joke, they will expect much more from you than that. Find out if you will be isolated from the production side of the equation. Loan officers can be real dicks, especially if you are in close proximity.

 

[Mejappz]

Like CoreLogic, they probably expect you to work 60+ hours per week and not pay you for the overtime work—hard pass.

 

[glenn walker]

Like CoreLogic, they probably expect you to work 60+ hours per week and not pay you for the overtime work—hard pass.

Actually CoreLogic paid and treated her better then B & A -The problem is we are now going into the 3rd quarter of the refinance game in California and once we slow down most of these staff will be let go. ETHYL its February 2022 and everyone who refinanced already did it : )

 

[TMG]

I was a staff appraiser for Corelogic, and our two main clients were BofA and WFargo. WF was a Pain in the A_ _. They used a company called OPUS (online professional underwriting services) who were not appraisers, and were picky as all He_ _, They kept a strict scorecard on every appraiser, and many revision requests were incorrect. The dispute process took weeks even months to get it off your scorecard.
B of A was much easier to please. To this day, I shudder when I see WF on an appraisal order, and often decline just for that reason.

I'm assuming that might be the same scenario working directly for them, but I don't know for sure.