Which one of our appraisal expenses should we cut?

[The Warrior Monk]

I say the AMC/middleman expense should be the first to go.

LOL!

That was the first thing I thought of when I saw this thread.

 

[Mr Rex]

I've been cutting my "nerve" pills in half. I'm pleading self defense against that MB that had to have 2 more comps. I had to get him under control before someone got hurt.

 

[BRCJR]

I've already done pretty much what everyone else has done, but here is the short list of what I'm doing:
..................................................................................................................
*Got rid of 3 MLS services and now share with a very good friend (in fact this friend lets me use hers for free!)............................................................................................


Sure hope your friends MLS bylaws allow that, as all of the MLS organizations I belong to (4) clearly state this is a violation and a fine will be imposed if caught shaing user name and password.

QUOTE]

 

[Abester]

Yes, and I hope you don't exceed the speed limit either...or take of the mattress tag...

 

[Dirty Harry]

Lets face it; we are in economic tough time. Our costs of living are getting more expensive and our business income is getting smaller and we are under pressure to cut some of our appraisal costs in order to survive but which one.
Appraisers have two types of expenses:
1-costs that are essential if we want to practice appraisal as a fee appraisers such as our CE and license renewal fees, current appraisal software cost, at least local MLS subscription fee, a computer and online access cost, a camera and measuring instruments costs, a car with auto insurance and costs of gas.
2-Costs that we don’t need to have but it is important and sometimes necessary to have them such as E & O insurance cost, professional organization membership or affiliation fees, appraisal software maintenance subscription fee, multi data source subscription costs, office rent and utility costs, computer annual or seasonal upgrade costs.
If push comes to shove, which one of not essential costs should we cut or we should stick with them no matter how tough it gets.

Home Office
No land phone lines
Online fax server service
Use public records as 2nd data source.
12-year-old Camry at 30 mpg
Do errands when out on appraisal inspections
Peanut butter & jelly sandwiches when the mood strikes.
Charge everything on 1% cash back credit card, including food, gas, etc.
A wonderful wife who has a job! woohoo

 

[MARK JOLLIFF]

I quit doing appraisals 18 months ago and my expenses have dropped considerably!

 

[Dirty Harry]

I quit doing appraisals 18 months ago and my expenses have dropped considerably!

So... a picture comes to mind after reading your post.

A reformed drunk (alcoholic on the wagon) hanging out in a bar just to see what is currently going on! :new_all_coholic:

 

[CURT VAN HOOSER]

I'm wondering if a motorcycle would be a viable option. 60% or more mileage.

I ride mine frequently but generally only on REO or other vacant property assignments.

Like anything else, it has its drawbacks...the biggest is that feeling that there is a target on you everytime you snap a comp photo.

 

[David S. Roberson]

I'm wondering if a motorcycle would be a viable option. 60% or more mileage.

Who was it that used to post frequently & always rode a motorcycle???? I can't remenber.

 

[OSU Beavers]

Appraisal software maintenance subscription fee, at least until some new forms come out.