Fast, Faster and Really Fast…
Appraiser must be comfortable valuing a property in 5-15 minutes using pictures…
Fast, Faster and Really Fast… Take a look at the ad for an in-house appraiser in the Atlanta area. How many of your are good enough to apply for this job?
Job description
We are looking for Real Estate Appraisers (licensed in GA) to work remotely on an independent contractor basis.. Appraiser will primarily be responsible for valuing properties which are on foreclosure list. Appraiser must be comfortable valuing a property in 5-15 minutes using pictures from field report. The ideal candidate will have experience with valuing distressed properties based on After Repair Value. You can take on the amount of work that you please. We offer generous commission with bi-weekly payment structures. No quotas.
Requirements
- Licensed or Certified residential appraiser in the state of Georgia
- 2 years of active appraisal experience
- Understanding of ARV
- Must complete work by deadline
JAR House is a boutique real estate brokerage exclusively representing Najarian Capital LLC, one of Metro Atlanta’s largest residential real estate investment firms. Founded in 2009, Najarian Capital LLC purchases an average of 75 properties each month in over 44 counties statewide. Through the rehabilitation process, Najarian Capital LLC brings properties to life again creating opportunities and value for home buyers to fulfill their dreams of home ownership. From offers to closing, JAR House offers a seamless purchasing experience for real estate agents and their buyers. Each transaction is handled in-house by our sales and pre-closing teams.
Hybrid Appraisals: As each of you know the legality of Bifurcated (hybrid) appraisals has been questioned in Virginia. The VREAB has formed a committee to discuss this issue and provide some guidance to appraisers and appraisal management companies. The date of the committee meeting has not been announced yet. We will share this information as soon as it becomes available.
Skapinetz vs CoesterVMS.com: Every appraiser needs to read this court case.
Governor Ralph Northam Announces Administrative Appointments: Released October 12,2018
Real Estate Appraiser Board
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- Kelvin “KC” Bratton of Roanoke, Supervising Appraiser, Office of Real Estate Evaluation, City of Roanoke
- H. Glenn James of Norfolk, Principal of Commercial First Appraisers, LLC
- Edythe Frankel Kelleher* of Fairfax County, Executive Director, Southeast Fairfax Development Corporation
- Robert Rochester* of Richmond, Chief Appraiser, Union Bank & Trust
Congratulations to all the appointees to the VREAB!
See the entire Press Release here. Save the date: October 23rd is the next Virginia Real Estate Appraiser Board Meeting.
- It’s Just Responsible Journalism! - February 21, 2024
- Limitations for Damages Against Appraisers - January 9, 2024
- AMC Engagement Letter: Appraisers Do Not Include Your Invoice - July 28, 2023
… and they offer ‘generous commission’… does that imply a ‘success fee’, or a variable scale of pay?… is it even ethical for appraisers to earn a ‘commission’??
Wow, that’s 4-14 mins too much. I can name that value in 1 picture. Lol
What could go wrong!?
Complete and utter bullshit. Once again if Appraisers don’t rally, come together collectively or scream from the rooftops we are all going to be put out of business. ALL OF US.
I’ve sat out the appraisal business and waited 9 years to see that happen. I’ll give it another 10 though. One never knows how appraisers will react when it comes to the last two licensees.
This is absolutely crazy !!!
Wouldn’t touch the assignment with a ten foot pole, and I’ve been appraising 48 years.
Neither would I !!! Celebrating my 50th year in real estate here in the San Francisco Bay Area, 1968-2018
What’s even crazier is how contradictory this ad is. If there are no quotas and you take on as much work as you want, why do you have to value a property in 5-15 minutes? Will your screen go blank?
Seems they are implying if you want to make $30 – $50 an hour you would need to complete 4 – 6 in an hour. That means they could be paying as little as $7.50 for a “value.”
Why not just get monkeys to throw darts at a value chart?
Don’t miss the coester briefing at the bottom of the article. A tedious but worthwhile read.
Attention amc manager; Stipulation! Please provide…. Please answer…. Please justify…
Shoe on the other foot now.
monkeys don’t throw darts. They throw other stuff.
Total CRAP
They think it’s like ordering a pizza, but even that takes an hour…lol…. idiots.
These are the same types of people that sit there and try to break eggs in different spaces to see if there gonna taste better.
1. Look at their crew on their website.
2. In my state they would have to be licensed brokers to buy and sell that many properties.
3. Georgia appraiser needs to look into that.
4. So, they are asking licensed appraisers to basically do ‘comp checks’ with zero support for anything and they’ll then sell the flipped houses to individual buyers or brokers using the appraisal (hybrid folks)?
5. It’s not clear value. It appears to be worse (if that is possible)
http://appraisersblogs.com/clearval-value-hybrid-appraisal
At 2 minute, 31 second, a field services inspection companies actual screen view from their actual inspection applications. $5.25 for an ‘appraisal’ related inspection, it only takes 5 minutes…
https://youtu.be/_WLvyK8-I7o
That is just one of many examples.
Also I read extensive field inspector employee reviews. Good to know you can buy your way into it with an app, and get to work without ever needing to meet your employer in person or even a phone interview. The benefits of being a 1099 in a completely unlicensed unregulated industry, aka inspection services.
edited, vid correction, see below.
Field Inspector Services | Become An Inspector
Great links Baggs! https://www.mortgagebankersfs.com/become-an-inspector
I especially like the 200 to 300 per month OR 50 to 80 ‘stops’ a day. Making sure to mess with the gas meter is also really prudent. Trespassing optional. NOTE one of types of inspection IS for FNMA. I’m pretty sure MickyDs employees have more stringent requirements.
Insurance or bonds? Licenses? NO PMI or MMI insurer should ever make decisions based on these things.
Yes, that would be fnma form #30. For five dollars…
https://www.fanniemae.com/content/guide_form/30.pdf
We might have a problem with C ratings here… Just saying…
Lol. This has to be a joke. What moron would drive to 80 diff properties per day for $160 total. Prob waste $30 in gas, $10 in tolls and spend 8-10 hrs. Sounds like a pizza delivery driver to me.
As long as they are not held accountable, with no license requirements, they can just take a stab at the complex questions on FNMA form #30…
Keywords; mortgage services inspection, field services inspection, etc. For a good time, take a look at the disgruntled employee rolls for any given inspection services provider. They are arguing over a ten dollar split. How low can you go.
indeed.com/cmp/National-Mortgage-Field-Services-1/reviews – National Mortgage Field Services – reviews
The above post linked the wrong vid, there were two vids on that page, my bad.
This is the one to look at 2 minute, 31 seconds.
https://youtu.be/cGHIqS1a1yA
The inspector is cute. Looks just like an appraiser, less the clipboard and decades of relevant experience. Omg, what am I looking at here? Take photo, jiggle natural gas handle. Inspection complete!
Well, I’ve always got something to fall back on. I’m sure my experience will trump the pizza delivery guy. And that’s where my five brothers reo work went? Sad.
https://portal.mortgagebankersfs.com/forms/public/vendor/form/
Trust me, you would make MORE money delivering pizzas !!!