Clear Capital would send me these assignments too, I would respond with my C & R fee. In some cases they would agree and I would get the assignment. However…the requests for “corrections” and revisions which always contradicted the previous request weren’t worth the fee. Most of time the revisions were because their software couldn’t read my software. And generally they were the ones for JP Morgan Chase because their software couldn’t read mine. I try and stay away for anything having to do with JP Morgan Chase after what they did to all the appraisers who worked with ES and got screwed.

I talked to Clear Capital regarding the appraisal acceptance time. They stated that they give the appraiser approximately 4-5 minutes to accept this appraisal request. 4-5 minutes!!!!! Are you crazy!!!! I went to take my morning constitution and lost 4 requests!!!! I told them that is not enough time for me to pull the subjects data and determine if there is any issues with the request. How can we as appraiser use due dilligence when this kind of AMC practice continues to go on. WE MUST STOP USING CLEAR CAPITAL and any other AMC that “Broadcast” the requests. They wanted me to do a 10 acre subject with comparables out 10 miles in all directions for this miserable fee. I would make about $10 an hour after all is said and done. I can’t run a business on $10 an hour!!! I asked them “how do I contact you to inform you that this is a difficult appraisal when you only give me 4-5 minutes to accept it? No answer of course.

Waaambulance time for bubba.  Your inability to be a studious money manager is your own downfall.  A rice warmer costs 20 bucks at wllmrt.  It lasts a decade.  A 20lb bag of rice costs 10 at costco.  Butter, salt, spice, and frozen veggies cost another 20, and will last months.  You’ll save so much on meals, it will be no problem to roll out a steak.  If your cc is more than 12%, you’re doing it wrong.  If you roll debt into your mortgage, you’re doing it wrong.  If you cannot sell the service at the level you require, you’re doing it wrong.  Statements regarding anyone being able to force an appraiser to do anything, are not reasonable statements.  Nobody tells me what to do.  What your problem is, will remain a mystery.  Some good solutions include broader marketing.  I’m approved with most of the amc’s in my state.  We play a continuous game of musical chairs where I bounce orders all the time, with my absolute minimum 450 full order requirement.  As soon as they’re willing to pay, I accept.  If they try and take advantage and are only willing to pay for complex, the fee goes up.  You’re missing the big picture;  Appraisers represent the checks and balances system in mortgage lending.  Of course lenders would rather see us out of the picture, so they have no check to the balance.  It is the appraisers own responsibility to demand fair fees, and accept nothing less.  Just like in any business, the market drives the demand and the price.  For every appraiser who accepts less than they think they’re worth, well, that’s just another example of an appraiser who is unwittingly setting the fees for their own market presence.  Your fee is your fee, and nobody elses.  When amc’s and distributors throw you lines about trid, paperwork, and prenegotiated fees, the constant appraiser response is;  If you can’t negotiate a fair fee, step out of the way and let me handle that.  My minimum is $X, and that is non negotiable.  Market more and play the game of substitutability.  I find it rather entertaining how an amc will play the market substitutability game in their own favor, but will immediately short circuit when those same principals are levied back to them, to their disadvantage instead.  The cake is a lie, so don’t eat it.  Bake a new one.  It is obvious that lenders are virtually above the law these days, which is why ‘junk fee’ rules apparently do not apply in the realm of appraisal distribution.

I know for a fact that Clear Capital is/was charging a govt. contractor $650 per appraisal, and broadcasting at $260. They are, by far, the worst to work with as a client too. A client can expect to wait upwards to 2 weeks for an appraisal, and it be riddled with errors! iMortgage is a nightmare. They claim to have appraisers completing 1004 for $250, and their people are pushy and incompetent. Solidfi has been pretty good to me, although they have never done anything to deserve the $85 that they make per report of mine. The one thing that is true amongst ALL AMCs is that they absolutely do not employ anyone that knows anything about the appraisal process.

I do not see these groups as being stupid. What is wrong with educating your peers? What is the problem with discussing fees? What is the problem with sharing data and sources? I think the people against these groups are the amc as they are worried about meeting a united group who will require a customary and reasonable fee for the markets they represent.

The amc and lenders may try to use TRID as an excuse…educate yourself and other appraisers.

I have found nothing that mentions appraiser performance, review, fees or, compliance in the guide.http://files.consumerfinance.gov/f/201508_cfpb_tila-respa-integrated-disclosure-rule.pdf

Join the American Guild of Appraisers. http://Www.appraisersguild.org or call 301 220 4100.

Clear Capital email blasts are proof of that. I don’t know how I ended up on their panel but I used to get their email blasts. Their appraisal fees for million dollar properties was $225 and $100 for their enhanced desk review. Heard their fees haven’t changed much. Don’t you love the part where they say the assignment is granted to the 1st appraiser who accepts the request? Of course, they’ll tell their clients that they only use highly professional and experienced appraisers, and chose the highest rated, geographically closest appraiser for each assignments. That their ratings are based on overall valuation quality of prior reports, responsiveness and professionalism. NOT THE LOWEST FEES?

Clear Capital is looking for an Appraiser to complete the assignment outlined below. This solicitation may have been sent to other local Appraisers and will be granted to the first person to accept this request. Thank you!

Please tell us Clark why TRID has NOTHING to do with appraiser fees?

just like walmart….without the sweet vest!

We should all move to Idaho Falls where rent is $600 and Mr. $225 Appraiser only has to complete 2.66 appraisers a month to be able to afford rent. Or if he’s lucky, that Idaho appraiser could complete 1.33 VA appraisals ($450) to pay rent. Some who make $225 per appraisal can live like kings, while others may qualify for significant government assistance and live below the poverty line at the same rate.