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Vandalay Appraisals

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djlowe

Freshman Member
Joined
Jun 5, 2007
Professional Status
Certified Residential Appraiser
State
California
I am on a couple dozen AMC lists and I only accept logical fees and turn times for my work. But this Vandalay Appraisals is classic. Very laughable. They have sent me like four requests in the last month and here are the fees.
Field Review: $25
Drive By: $75
Full 1004: $125
All four times I email them back declining assignment unless they increase the fee significantly. Finally, today I got the 1004 order for $125 and I responded "Do people really do these for this fee?" and the response was "yes, I will reassign, thanks". Really? Who does this? I made more per hour as a bus boy with tips when I was 16 yrs old. Who are they? Maybe they are bus boys?
 
Most likely an appraiser who accepts very low fees and wants to make money by doing no work. A proper field review will take 8 hours where I am so they want someone to work for $3.13/hour.

Quick internet search shows this:

http://www.slorealtors.org/affiliates.html

http://appraisersforum.com/showthread.php?t=149293&page=36

......I saw a posting on Craigslist (see 2nd from the last page of this memo) on June 19, 2009 for the need of a Certified Level Appraiser. The fee’s they offered were ridiculously low so another certified appraiser friend of mine responded to the ad in order to find out who these clowns were. The last page of this memo is the response e-mail he received. Note: the fees they offer in their e-mail response are lower than the already ridiculously low fees they advertise on their Craigslist ad…here is my take on things.......

It appears this guy is another piece of garbage.
 
Is that Art Vandelay, of Vandelay Industries? Maybe they've branched out from the import / export business.

vand_logo.jpg
 
Art Vandelay........Ah, one of the finer moments on the Jerry Seinfeld show.
 
Wasn't Art Vandelay an architect before getting into importing/exporting? What did he import? Diapers? What did he export? Potato chips? :rof:
 
Is that Art Vandelay, of Vandelay Industries? Maybe they've branched out from the import / export business.

vand_logo.jpg

I want to be your latex provider.

I really miss George Costanza...
 
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