Valuation Connect Demands Licenses, Denies Fair Pay

[Mejappz]

Based on the local market appraisal fee, Valuation Connect values the “appraisal expertise” component of a hybrid appraisal at 18% of what the consumer pays for an appraisal.

This firm hasn’t awarded us work in about two years, and they only hire us when they are in a jam, and we require the local market rate. Immediately after asking for our driver’s licenses, which we didn’t provide, we got a request for a hybrid appraisal in Manhattan, the most expensive housing market in the U.S., for a whopping $220 (sarcastically).

They plan to have an unlicensed inspector walk into a Manhattan co-op apartment building rather than have us inspect it ourselves. We would base our appraisal report on their inspector’s information for that non-market rate fee. We have no idea about their inspector’s expertise level, nor is that “industry” regulated, and no standards have ever been established.

Based on the local market appraisal fee, Valuation Connect values the “appraisal expertise” component of a hybrid appraisal at 18% of what the consumer pays for an appraisal.

Hello

As a part of our ongoing efforts to maintain accurate vendor profiles, we are asking all vendors to provide an updated copy of your valid driver’s license. We are requesting that you provide your driver’s license between today and July 1st 2024.

We appreciate your assistance in maintaining the most current information in your profile. Please email a copy/photo of your driver’s license to credentials@valuationconnect.com.

Thank you for your partnership.

The Valuation Connect Team

How does the hybrid model even begin to work in a specialized location like Manhattan?

Nope.

Valuation Connect Demands Licenses, Denies Fair Pay - Appraisers Blogs

Valuation Connect values the “appraisal expertise” component of a hybrid appraisal at 18% of what the consumer pays for an appraisal.

appraisersblogs.com

 

[Terrel L. Shields]

Tell them they forgot the zero on the end.

 

[The Bob]

Why do you think they are only offering $220?

 

[RCA]

Prices are going up everywhere. So places, the old $3-$4 Big Mac meal from the 90's is going for $19. A McDonalds VP says that people who earn less than $45,000/year can no longer afford to eat at McDonalds (in places like New York and California).

I went down to check yesterday at Pacifica McDonalds. You can get a Quarter Pounder Deluxe for about $6.90, after sales tax about $7.40. of course if you want fries and a milkshake - you are going to be up around $18. And, that is tooo expensive. I can get a nice cup of strawberry ice cream, with a good slice of pizza and a hot dog at Costco for far less. Yea, at least Costco is affordable.

But McDonalds - I'd rather go to Carl Jr - although it's getting pretty expensive as well. Only you get more for your money.

Everything is going up, --> except for appraiser fees ---> which are going down. Just compare them to 20 years ago.

Who to blame? THE APPRAISAL ORGANIZATIONS!!! They have done absolutely nothing to improve the professional environment. They are a bunch of bastards, headed by Dave what's his name.

 

[Mejappz]

Prices are going up everywhere. So places, the old $3-$4 Big Mac meal from the 90's is going for $19. A McDonalds VP says that people who earn less than $45,000/year can no longer afford to eat at McDonalds (in places like New York and California).

I went down to check yesterday at Pacifica McDonalds. You can get a Quarter Pounder Deluxe for about $6.90, after sales tax about $7.40. of course if you want fries and a milkshake - you are going to be up around $18. And, that is tooo expensive. I can get a nice cup of strawberry ice cream, with a good slice of pizza and a hot dog at Costco for far less. Yea, at least Costco is affordable.

But McDonalds - I'd rather go to Carl Jr - although it's getting pretty expensive as well. Only you get more for your money.

Everything is going up, --> except for appraiser fees ---> which are going down. Just compare them to 20 years ago.

Who to blame? THE APPRAISAL ORGANIZATIONS!!! They have done absolutely nothing to improve the professional environment. They are a bunch of bastards, headed by Dave what's his name.

No doubt the scumbags at TAF, The Appraisal Institute, along with the GSEs are to blame. Look at the price of a Big Mac price in Manhattan.

 

[djd09]

ever since TAF let the unethical paying sponsors lead....it has been a race to the bottom

 

[RCA]

No doubt the scumbags at TAF, The Appraisal Institute, along with the GSEs are to blame. Look at the price of a Big Mac price in Manhattan.



View attachment 86509

We have a 9.88% sales tax here. -- And I noticed McDonalds finally gave up on milk shakes - they never could get their machines to work.

The reality is that when most people go into a fast food restaurant like McDonalds, they usually windup paying about $19.00 because of extras.

Now how about the famous "Taco Bell by the Sea" in Pacifica - that sits right on the beautiful Pacific Linda Mar Beach. I love the place. But be careful if you ever go. ---> You can easily spend $30+, - if you buy one of their Margaritas.

https://www.tripadvisor.com/Restaurant_Review-g32842-d1051970-Reviews-Taco_Bell_by_the_Sea-Pacifica_California.html

 

[djd09]

Quit Complaining About Inflation!​

The New York Times has published a strange article... with regard to inflation: “Don’t worry, be happy.”

you will own nothing...and be happy

 

[Tom D]

AMC say, thank you for all the money you will make us.

 

[sputnam]

We have one power. Decline the assignment.