Under Siege at the Ranch

[Pamela Crowley (Florida)]

Congrats! Have a great weekend!!!

 

[George W Dodd]

What a wonderful business oportunity for you!!!

At $350/hours I would willing meet with these folks to educate them. Mininum of 2 hours payable upfront with 2 hours escrow.

 

[Caterina Platt]

Glad to hear all have come to thier senses prior to making you hold a pointless 2 hour appraisal instructional course. Guess the only downside is that it surely would have been fun to watch the selling Realtor squirm as you calmly and professionally turned her/him into a fool in front of the buyers. :roll: He/she truly deserved it!

Tim, I too have no 3 day holiday ahead of me, (unless you consider no status calls for 3 days a 'holiday') That's OK though, sometime in November or so, when all the rest of the world trudges off to work on a Monday- me and the family will be enjoying the third day of a ski holiday with some of this windfall!

 

[Richard Carlsen]

Bobby, sounds like it is time to circle the wagons and them that can't shoot worth a hoot can reload.

Tell the banker that:

#1 He is the client and he got your opinion of value as requested

#2 You expect to be better insulated from becoming involved in the deal so he should quit this conference notions

#3 If however, he insists on a conference, tell him that your fee for professional counseling is $75/hr portal to portal (That means between the time the screen door slams behind you until you walk back through it coming back)

and finally

#4 ask him who you should bill for the meeting?

The buyer’s agent is talking nonsense. Of course it would be fun to have a face to face and grill her on her required appraisal techniques however, I think it would be a waste of time. You'll be better off to be known in her little notebook as that so-and-so who doesn't know what he's talking about.

Oh yes. Do leave the sidearm at home. Buyer’s agents are out of season right now.

 

[Mike Garrett RAA]

Ain't life grand......received a message on my recorder from the purchaser of a property I recently appraised. She starts by saying "obiviously I never even inspected the property because my appraisal was all wrong, wrong, wrong. It got worse from there.

Of course the deal closed and they got their loan but now she wants to to re-appraisal her property (for free) and come up with a much higher value because the square footage is wrong, wrong, wrong.

What she didn't, or refuses to, understand is the difference between "above grade" and "below grade" Additionally, according to her, the lower level is 98% finished, not 95%. Of course she is measuring the utility room and then comparing that to the total square footage of the house. I was generous at 95%, most likely more like 90%.

Really brings home the meaning of "intended user, intended use, and scope of the work". This woman hasn't a clue how to read an appraisal report. I was also put out with the Loan Officer for telling her to call the appraiser!

 

[Richard Carlsen]

LO's who tell their customers to call me, without first asking me for permission, is one of my big pet peeves.